Top Stocks Under 5 Based on Pattern Recognition: Returns up to 20.67% in 7 Days

Top Stocks Under 5

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 Top Stocks Under 5 stocks with bullish and bearish signals:

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

under 5
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 7 Days (10/4/2020 – 10/12/2020)
I Know First Average: 9.94%
Top Stocks Under 5
Top Stocks Under 5 chart

For this 7 Days forecast the algorithm had successfully predicted 9 out of 10 movements. IMGN was the top performing prediction with a return of 20.67%. Additional high returns came from CLMT and MMLP, at 17.42% and 17.16% respectively. The package’s overall average return was 9.94%, providing investors with a 4.39% premium over the S&P 500’s return of 5.55% during the same period.

ImmunoGen, Inc. (IMGN), a biotechnology company, develops targeted anticancer therapeutics. The company develops its products using its antibody-drug conjugate (ADC) technology.

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.