Will tech stocks go up tomorrow?

Important Note

It’s impossible to guarantee that any group of stocks – including technology stocks – will increase in value tomorrow. What we can do instead is screen for tech names that, based on recent data and signals, have a higher probability of rising in the near term. The filters your colleague used are designed exactly for that.

Screening Filters

1. moving_average_relationship: PriceAboveMA20

   • Purpose: Select stocks whose current price is above their 20‑day moving average.
   • Rationale:
     • The 20‑day moving average is a short‑term trend indicator.
     • Price above the 20‑day MA suggests short‑term bullish momentum, meaning buyers are in control recently.
     • For your question about “will they increase tomorrow,” we favor stocks already in an upward short‑term trend, rather than those still in downtrends.

2. sector: Technology, Software & IT Services, Technology Equipment

   • Purpose: Restrict the universe strictly to technology-related sectors.
   • Rationale:
     • You specifically asked about technology sector stocks, so the screener narrows down to:
       • Broad Technology sector
       • Software & IT Services (software, cloud, IT consulting)
       • Technology Equipment (hardware, semiconductors, networking, etc.)
     • This ensures we are only analyzing tech names when assessing potential for a move tomorrow.

3. news_driver: Positive

   • Purpose: Include only stocks with recent positive news or catalysts.
   • Rationale:
     • Short‑term price jumps are often triggered by news: earnings beats, product launches, upgrades, contracts, regulatory wins, etc.
     • Filtering for positive news targets tech stocks where investor sentiment is likely favorable right now, increasing the odds of follow‑through buying into tomorrow.

4. one_day_rise_prob: min = 60 (≥ 60%)

   • Purpose: Require a model‑estimated probability of rising tomorrow of at least 60%.
   • Rationale:
     • This is a quantitative signal—likely derived from historical patterns and machine learning—that estimates the chance of a positive return the next day.
     • A 60%+ threshold removes names with low or coin‑flip odds, focusing on tech stocks where the data suggests a meaningfully better-than-random chance of going up tomorrow.

5. one_day_predict_return: min = 2 (≥ +2% expected)

   • Purpose: Require the model to predict at least a +2% gain for tomorrow.
   • Rationale:
     • Some stocks might have a slightly positive expected move that’s too small to matter after fees or normal volatility.
     • By setting a minimum expected return of +2%, the screener looks for tech names with both:
       • A good probability of going up (from the previous filter), and
       • A meaningful size of move if they do go up.
     • This aligns with your interest in stocks that could “increase” in a noticeable way tomorrow, not just by a few basis points.

Why Results Match Your Question

• You asked about technology sector stocks:

  • The sector filters ensure we only look at tech, software/IT services, and tech equipment—exactly the segment you care about.

• You’re interested in stocks that may increase tomorrow:

  • PriceAboveMA20 focuses on stocks already in a short‑term upward trend.
  • Positive news adds a catalyst / sentiment tailwind, which often drives near‑term gains.
  • one_day_rise_prob ≥ 60 focuses on names where the model believes there is a statistically higher-than-average chance of a positive day tomorrow.
  • one_day_predict_return ≥ 2% further narrows it to stocks where the expected move is sizable enough to be meaningful.

Together, these filters don’t guarantee that any given tech stock will go up tomorrow, but they systematically target technology stocks with bullish trends, favorable news, and a model‑estimated high probability and magnitude of a positive move the next day, which is the closest data‑driven answer to your question.