Top Tech Stocks Based on Algo Trading: Returns up to 33.39% in 3 Months
Top Tech Stocks
This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 tech stocks in the Technology Industry (see Tech Stocks Package). It includes 20 stocks with bullish and bearish signals:
- Top 10 Tech stocks for the long position
- Top 10 Tech stocks for the short position
Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 3 Months (5/30/2019 – 8/30/2019)
I Know First Average: 12.0%
9 out of 10 stock prices in this forecast for the Package moved as predicted by the algorithm. The greatest return came from CY at 33.39%. Further notable returns came from NVDA and LRCX at 19.36% and 18.53%, respectively. The Tech Stocks Forecast package had an overall average return of 12.0%, providing investors with a premium of 6.85% over the S&P 500’s return of 5.15%.
Cypress Semiconductor Corporation manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products.
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.
