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#24) Durect Corporation(DRRX) Forecast Chart for Oct 13, 2017*
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October 12, 2017 (RicochetTrader.com)

Forecast chart for Durect Corporation ( DRRX ) for the next 15 trading days, starting on October 13, 2017

On October 12, 2017 Durect Corporation had a closing price of $1.91 with 322,019 shares traded. The trading liquidity was $0.62M. The forecast predicted average opening price for trading date October 13, 2017 is $1.91.

Summary Information for Durect Corporation ( DRRX ).

Summary of the 10th percentile net composite return.
The best expected daily return of 0.9999% occurs on day 4 where there is a 10% chance that DRRX will rise to $2.16 (+13.33%) and there is a 10% chance it will fall to $1.73 (-9.27%). There is a 20% that DRRX will cross one of these price levels in 4 days, and adding the returns of +13.33% and -9.27% yields a net composite return of 4.06%. A net return of 4.06% in 4 days is an EDR of 0.9999% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.6185% occurs on day 10 where there is a 20% chance that DRRX will rise to $2.23 (+16.55%) and there is a 20% chance it will fall to $1.72 (-10.19%). There is a 40% that DRRX will cross one of these price levels in 10 days, and adding the returns of +16.55% and -10.19% yields a net composite return of 6.36%. A net return of 6.36% in 10 days is an EDR of 0.6185% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.5684% occurs on day 2 where there is a 30% chance that DRRX will rise to $2.01 (+5.22%) and there is a 30% chance it will fall to $1.83 (-4.08%). There is a 60% that DRRX will cross one of these price levels in 2 days, and adding the returns of +5.22% and -4.08% yields a net composite return of 1.14%. A net return of 1.14% in 2 days is an EDR of 0.5684% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.4988% occurs on day 2 where there is a 40% chance that DRRX will rise to $1.98 (+3.87%) and there is a 40% chance it will fall to $1.86 (-2.87%). There is a 80% that DRRX will cross one of these price levels in 2 days, and adding the returns of +3.87% and -2.87% yields a net composite return of 1.00%. A net return of 1.00% in 2 days is an EDR of 0.4988% per day.

* The forecast for Durect Corporation (DRRX) was made using market data after the close on October 12, 2017 but is generated for the next trading day, or October 13, 2017