Momentum Stocks Based on Deep Learning: Returns up to 72.04% in 3 Days
Momentum Stocks
The 52 Week High Stocks Package is designed for investors and analysts who need predictions for stocks currently at their 52-week high price level. It includes 20 momentum stocks with bullish and bearish signals and indicates the best shares to buy and sell:
- 52 Weeks High Top 10 stocks for the long position
- 52 Weeks High Top 10 stocks for the short position
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 3 Days (2/14/21 – 2/17/21)
I Know First Average: 18.08%
Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The greatest return came from SOS at 72.04%. RIOT and CCNC saw outstanding returns of 58.08% and 40.74%. With these notable trade returns, the package itself registered an average return of 18.08% compared to the S&P 500’s return of -0.09% 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.