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#3) Arena Pharmaceuticals Inc.(ARNA) Forecast Chart for Jan 15, 2018*
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January 12, 2018 (RicochetTrader.com)

Forecast chart for Arena Pharmaceuticals Inc. ( ARNA ) for the next 15 trading days, starting on January 15, 2018

On January 12, 2018 Arena Pharmaceuticals Inc. had a closing price of $34.95 with 836,132 shares traded. The trading liquidity was $29.22M. The forecast predicted average opening price for trading date January 15, 2018 is $35.01.

Summary Information for Arena Pharmaceuticals Inc. ( ARNA ).

Summary of the 10th percentile net composite return.
The best expected daily return of 1.1761% occurs on day 3 where there is a 10% chance that ARNA will rise to $39.24 (+12.08%) and there is a 10% chance it will fall to $32.03 (-8.51%). There is a 20% that ARNA will cross one of these price levels in 3 days, and adding the returns of +12.08% and -8.51% yields a net composite return of 3.57%. A net return of 3.57% in 3 days is an EDR of 1.1761% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 1.2737% occurs on day 3 where there is a 20% chance that ARNA will rise to $38.30 (+9.40%) and there is a 20% chance it will fall to $33.07 (-5.53%). There is a 40% that ARNA will cross one of these price levels in 3 days, and adding the returns of +9.40% and -5.53% yields a net composite return of 3.87%. A net return of 3.87% in 3 days is an EDR of 1.2737% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 1.1826% occurs on day 3 where there is a 30% chance that ARNA will rise to $37.64 (+7.52%) and there is a 30% chance it will fall to $33.63 (-3.93%). There is a 60% that ARNA will cross one of these price levels in 3 days, and adding the returns of +7.52% and -3.93% yields a net composite return of 3.59%. A net return of 3.59% in 3 days is an EDR of 1.1826% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 1.1077% occurs on day 3 where there is a 40% chance that ARNA will rise to $37.07 (+5.89%) and there is a 40% chance it will fall to $34.12 (-2.53%). There is a 80% that ARNA will cross one of these price levels in 3 days, and adding the returns of +5.89% and -2.53% yields a net composite return of 3.36%. A net return of 3.36% in 3 days is an EDR of 1.1077% per day.

* The forecast for Arena Pharmaceuticals Inc. (ARNA) was made using market data after the close on January 12, 2018 but is generated for the next trading day, or January 15, 2018