Top Stock Picks Based on Pattern Recognition: Returns up to 4.56% in 7 Days

Top Stock Picks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stock picks with bullish and bearish signals:

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


Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 7 Days (9/13/2020 – 9/20/2020)
I Know First Average: 2.63%
Top Stock Picks
Top Stock Picks chart

This Stock Forecast & S&P500 Forecast Package forecast had correctly predicted 9 out of 10 stock movements. The prediction with the highest return was GGB, at 4.56%. MHK and FCAU also performed well for this time horizon with returns of 4.35% and 4.34%, respectively. The package itself saw an overall return of 2.63%, providing investors with a 3.27% premium above the S&P 500’s return of -0.64% for the same time period.

Gerdau SA ADR (GGB) produces and commercializes steel products worldwide. The company operates through Brazil Business Operation, North America Business Operation, South America Business Operation, and Special Steel Business Operation segments.

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.