Stock Pattern Recognition based on Genetic Algorithms: Up To 23.43% in 14 Days

Stock Pattern Recognition

Using stock market prediction algorithm to forecast energy stocks: This Energy Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks for the whole Energy Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 energy stocks for the long position
  • Top 10 energy stocks for the short position

Package Name: Energy Stocks
Forecast Length: 14 Days (01/17/16 – 01/31/16)
I Know First Average: 8.59%

Stock Pattern Recognition

The Algorithm correctly predicted 8 out of the 10 stocks for this 14-day forecast for the energy stocks package. The top performing stock was CXO, returning 23.43%. Other top performers were APC and ETP, growing 22.08% and 20.40%, respectively. The I Know First average return for this package in the 14-day time horizon was 8.59%, easily outperforming the S&P 500’s return of 3.19% for the same period.

Concho Resources Inc., an independent oil and natural gas company, acquires, develops, and explores for oil and natural gas properties in the Unites States.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast