Trend Following Based on Algo Trading: Return up to 15.05% in 14 Days
Trend Following
This 52 Week High Stocks forecast is designed for investors and analysts who need predictions of stocks currently at their 52-weeks high price level, offering the best market opportunities. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to invest in:
- 52 Weeks High Top 10 stocks for the long position
- 52 Weeks High Top 10 stocks for the short position
Package Name: 52 Weeks High Stocks
Forecast Length: 14 Days (04/29/16 – 05/13/16)
I Know First Average: 4.02%
MITK was the top-performer from this 52 Week High Stocks forecast for the 14-day time horizon with its return of 15.05%. CDE and AMSC also had a good 2 weeks with returns of 13.98% and 9.68%. The package had an overall average return of 4.02% while the S&P 500 saw a slight decline of -1.41% for the same period.
Mitek Systems, Inc. (MITK) develops, markets, and sells mobile capture and identity verification software solutions for enterprise customers in the Unites States. Mitek recently announced that it has been granted a new patent for MiSnap, a unique image capturing system.
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 algorithmic traders.
How to interpret this diagram
Please note: for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.