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#13) Endologix Inc(ELGX) Forecast Chart for Oct 13, 2017*
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October 12, 2017 (RicochetTrader.com)

Forecast chart for Endologix Inc ( ELGX ) for the next 15 trading days, starting on October 13, 2017

On October 12, 2017 Endologix Inc had a closing price of $5.16 with 357,266 shares traded. The trading liquidity was $1.84M. The forecast predicted average opening price for trading date October 13, 2017 is $5.16.

Summary Information for Endologix Inc ( ELGX ).

Summary of the 10th percentile net composite return.
The best expected daily return of 1.2537% occurs on day 4 where there is a 10% chance that ELGX will rise to $5.92 (+14.68%) and there is a 10% chance it will fall to $4.67 (-9.57%). There is a 20% that ELGX will cross one of these price levels in 4 days, and adding the returns of +14.68% and -9.57% yields a net composite return of 5.11%. A net return of 5.11% in 4 days is an EDR of 1.2537% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.7429% occurs on day 5 where there is a 20% chance that ELGX will rise to $5.73 (+11.00%) and there is a 20% chance it will fall to $4.79 (-7.23%). There is a 40% that ELGX will cross one of these price levels in 5 days, and adding the returns of +11.00% and -7.23% yields a net composite return of 3.77%. A net return of 3.77% in 5 days is an EDR of 0.7429% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.7060% occurs on day 5 where there is a 30% chance that ELGX will rise to $5.57 (+7.88%) and there is a 30% chance it will fall to $4.94 (-4.30%). There is a 60% that ELGX will cross one of these price levels in 5 days, and adding the returns of +7.88% and -4.30% yields a net composite return of 3.58%. A net return of 3.58% in 5 days is an EDR of 0.7060% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.6094% occurs on day 4 where there is a 40% chance that ELGX will rise to $5.43 (+5.21%) and there is a 40% chance it will fall to $5.02 (-2.75%). There is a 80% that ELGX will cross one of these price levels in 4 days, and adding the returns of +5.21% and -2.75% yields a net composite return of 2.46%. A net return of 2.46% in 4 days is an EDR of 0.6094% per day.

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