Stocks Under 5 Dollars

This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 Stocks Under 5 Dollars stocks with bullish and bearish signals:

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

Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 7 Days (7/14/2020 – 7/21/2020)
I Know First Average: 7.89%

The algorithm correctly predicted 8 out 10 of the suggested trades in the Stocks Under $5 Package for this 7 Days forecast. The highest trade return came from RIGL, at 34.26%. The suggested trades for RAIL and TGB also had notable 7 Days yields of 17.05% and 12.45%, respectively. The package’s overall average return was 7.89%, providing investors with a 4.65% premium over the S&P 500’s return of 3.24% during the same period.

Rigel Pharmaceuticals, Inc., a clinical-stage biotechnology company, engages in the discovery and development of drugs in the therapeutic areas of immunology, oncology, and immuno-oncology.

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.