Stocks Under 50 Dollars Based on Pattern Recognition: Returns up to 108.26% in 1 Month

Stocks Under 50 Dollars

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Stocks Under 50 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 $50
Recommended Positions: Long
Forecast Length: 1 Month (11/22/20 – 12/23/20)
I Know First Average: 25.42%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

The algorithm correctly predicted 7 out 10 of the suggested trades in the Stocks Under $50 Package for this 1 Month forecast. BEEM was the highest-earning trade with a return of 108.26% in 1 Month. The suggested trades for BLNK and ACB also had notable 1 Month yields of 93.08% and 30.71%, respectively. The package saw an overall yield of 25.42% versus the S&P 500’s return of 3.72% implying a market premium of 21.70%.

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.