Trade Analysis Using I Know First Strategy: ELP, 8.37% In 5 Days

On the 19th of November 2014 I Know First algorithm released a bullish signal on its 1 month forecast for ELP. At the same time the price moved above the 5 day simple moving average of the stock’s price, which is a strong position to buy a stock at. Below is the original forecast, and the resulting trade which made 8.37% in just 5 Days.

Trade Analysis

Key Numbers and Dates

Buy Recommendation

You would buy the stock on Nov, 19th 2014 according to the I Know  First signal you received that morning of 54.04 and the fact that the stock closed above the 5 day simple moving average on the 18th of October. You would buy the stock at the market opening price of $13.15.

Customized Forecast Sell Recommendation – 8.37% In 5 Days

According to the algorithm you would sell the stock on the 24th of November at the market opening price of $14.25 based on the weak signal (below 10) you received before the market opened of  -19.86. Your return of the trade would be 8.37%.

Market Sell Recommendation – 5.55% In 8 Days.

According to the 5 day simple moving average (SMA) you would sell the stock on Nov 28th post market when the price closed below the 5 day SMA at the price of $13.88. The Total return without an algorithmic exit would be 5.55%.

Where could I have found this forecast?

ELP belongs to our “Top x Stock Picks + S&P500” universe.  On Nov 19th, 2014 the stock’s position on the 1 Month table was 19, making available to “Top 20” and above subscribers.

forecast elp

What is ELP?

ELP is the stock ticker for Companhia Paranaense de Energia, a Brazil-based holding company involved principally in the electrical energy sector. The Company’s business is structured in five segments: Generation and Transmission of Electricity (GET), Distribution and Sale of Electricity (DIS), Telecommunications (TEL), Gas, and Holding (HOL). Below is the trade we forecast in relation to the last year.

1 year