Stock Predictions Based on Pattern Recognition: Returns up to 18.62% in 1 Month

Stock Predictions

Stock Predictions: The Computer Industry Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:

  • Top 10 Computer Industry stocks for the long position
  • Top 10 Computer Industry stocks for the short position

Computer
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 1 Month (11/3/23 – 12/4/23)
I Know First Average: 9.18%
Stock Predictions
Stock Predictions chart

In this 1 Month forecast for the Computer Industry Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. MPWR was the top performing prediction with a return of 18.62%. Further notable returns came from LRCX and QCOM at 13.92% and 10.73%, respectively. The package had an overall average return of 9.18%, providing investors with a 3.34% premium over the S&P 500’s return of 5.84% during the period.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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