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#22) Depomed Inc.(DEPO) Forecast Chart for Aug 14, 2017*
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August 11, 2017 (RicochetTrader.com)

Forecast chart for Depomed Inc. ( DEPO ) for the next 15 trading days, starting on August 14, 2017

On August 11, 2017 Depomed Inc. had a closing price of $6.32 with 1,573,796 shares traded. The trading liquidity was $9.95M. The forecast predicted average opening price for trading date August 14, 2017 is $6.35.

Summary Information for Depomed Inc. ( DEPO ).

Summary of the 10th percentile net composite return.
The best expected daily return of -0.4297% occurs on day 4 where there is a 10% chance that DEPO will rise to $7.22 (+13.75%) and there is a 10% chance it will fall to $5.37 (-15.48%). There is a 20% that DEPO will cross one of these price levels in 4 days, and adding the returns of +13.75% and -15.48% yields a net composite return of -1.73%. A net return of -1.73% in 4 days is an EDR of -0.4297% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of -0.3344% occurs on day 2 where there is a 20% chance that DEPO will rise to $6.82 (+7.47%) and there is a 20% chance it will fall to $5.83 (-8.14%). There is a 40% that DEPO will cross one of these price levels in 2 days, and adding the returns of +7.47% and -8.14% yields a net composite return of -0.67%. A net return of -0.67% in 2 days is an EDR of -0.3344% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of -0.7819% occurs on day 2 where there is a 30% chance that DEPO will rise to $6.66 (+4.92%) and there is a 30% chance it will fall to $5.94 (-6.49%). There is a 60% that DEPO will cross one of these price levels in 2 days, and adding the returns of +4.92% and -6.49% yields a net composite return of -1.57%. A net return of -1.57% in 2 days is an EDR of -0.7819% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of -0.5982% occurs on day 2 where there is a 40% chance that DEPO will rise to $6.54 (+3.04%) and there is a 40% chance it will fall to $6.08 (-4.24%). There is a 80% that DEPO will cross one of these price levels in 2 days, and adding the returns of +3.04% and -4.24% yields a net composite return of -1.20%. A net return of -1.20% in 2 days is an EDR of -0.5982% per day.

* The forecast for Depomed Inc. (DEPO) was made using market data after the close on August 11, 2017 but is generated for the next trading day, or August 14, 2017