Swing Trading Based on Stock Algorithm: Returns up to 6.87% in 7 Days

Swing Trading

Swing Trading: This Utilities Stocks forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry. It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

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

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/16/22 – 11/23/22)
I Know First Average: 3.1%
Swing Trading
Swing Trading chart

During the 7 Days forecasted period several picks in the Utilities Stocks Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The top-performing prediction in this forecast was OGS, which registered a return of 6.87%. ATO and AWK saw outstanding returns of 6.27% and 3.59%. The overall average return in this Utilities Stocks package was 3.1%, providing investors with a 2.21% premium over the S&P 500’s return of 0.89% during the same 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.