Top Technology Stock Picks Based on Big Data: Returns up to 42.16% in 7 Days

Top Technology Stock Picks

This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 best tech stock picks 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

Tech Stocks 165
Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 7 Days (7/30/2020 – 8/6/2020)
I Know First Average: 9.28%
Top Technology Stock Picks
Top Technology Stock Picks chart

During the 7 Days forecasted period several picks in the Tech Stocks Forecast Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The highest trade return came from SOHU, at 42.16%. MTSC and BLKB also performed well for this time horizon with returns of 20.15% and 16.45%, respectively. With these notable trade returns, the package itself registered an average return of 9.28% compared to the S&P 500’s return of 2.78% for 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.