Predictive Modeling Using I Know First Algorithms: ITUB, 8.55% In 5 Days

On the 19th of November 2014 I Know First algorithm released a bullish signal on its 1 month forecast for ITUB. At the same time the price moved above the 5 day simple moving average of the stock’s price, which is a strong position to buy a stock at. Below is the original forecast, and the resulting trade which made 8.55% in just 5 Days.

Predictive Modeling

Key Numbers and Dates

Buy Recommendation

You would buy the stock on Nov, 19th 2014 according to the I Know  First signal you received that morning of 62.30. and the fact that the stock closed above the 5 day simple moving average on the 18th of November. You would buy the stock at the market opening price of $14.27.

Customized Forecast Sell Recommendation – 8.55% In 5 Days

According to the algorithm you would sell the stock on the 24th of November at the market opening price of $15.49 based on the weak signal (below 10) you received before the market opened of -21.16. Your return of the trade would be 8.55%.

Market Sell Recommendation – 2.73% In 9 Days.

According to the 5 day simple moving average (SMA) you would sell the stock on Nov 28th post market when the price closed below the 5 day SMA at the price of $14.66. The Total return without an algorithmic exit would be 14.66%.

Where could I have found this forecast?

ITUB belongs to our “Top x Stock Picks + S&P500” universe.  On Nov 19th, 2014 the stock’s position on the 1 Month table was 13, making available to “Top 15” and above subscribers.


What is ITUB?

ITUB is the stock ticker for Itau Unibanco Holding SA, a Brazil-based holding active in the banking sector. The Company divides its activities into four segments: Commercial Banking, which offers retail banking and legal entities customers services, among others; Itau BBA, which offers products and wholesale services for companies as well as investment banking activities; Consumer Credit, which provides financial products and services such as checking accounts, auto loans and credit card transactions, among others; and Market and Corporation Activity, which provides excess cash management, subordinated debt surplus administration and leads observations on certain treasury activities, among others. The Company operates in Brazil, Argentina, Switzerland, the United States, the United Arab Emirates and China, among others. Below is the trade we forecast in relation to the last year.

1 year