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#13) MGEN(MGEN) Forecast Chart for Jan 15, 2018*
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January 12, 2018 (RicochetTrader.com)

Forecast chart for MGEN ( MGEN ) for the next 15 trading days, starting on January 15, 2018

On January 12, 2018 MGEN had a closing price of $8.98 with 118,851 shares traded. The trading liquidity was $1.07M. The forecast predicted average opening price for trading date January 15, 2018 is $9.00.

Summary Information for MGEN ( MGEN ).

Summary of the 10th percentile net composite return.
The best expected daily return of 1.0457% occurs on day 3 where there is a 10% chance that MGEN will rise to $10.07 (+11.89%) and there is a 10% chance it will fall to $8.22 (-8.72%). There is a 20% that MGEN will cross one of these price levels in 3 days, and adding the returns of +11.89% and -8.72% yields a net composite return of 3.17%. A net return of 3.17% in 3 days is an EDR of 1.0457% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.6628% occurs on day 2 where there is a 20% chance that MGEN will rise to $9.60 (+6.71%) and there is a 20% chance it will fall to $8.52 (-5.38%). There is a 40% that MGEN will cross one of these price levels in 2 days, and adding the returns of +6.71% and -5.38% yields a net composite return of 1.33%. A net return of 1.33% in 2 days is an EDR of 0.6628% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.4711% occurs on day 3 where there is a 30% chance that MGEN will rise to $9.54 (+5.95%) and there is a 30% chance it will fall to $8.59 (-4.53%). There is a 60% that MGEN will cross one of these price levels in 3 days, and adding the returns of +5.95% and -4.53% yields a net composite return of 1.42%. A net return of 1.42% in 3 days is an EDR of 0.4711% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.5209% occurs on day 4 where there is a 40% chance that MGEN will rise to $9.46 (+5.08%) and there is a 40% chance it will fall to $8.73 (-2.98%). There is a 80% that MGEN will cross one of these price levels in 4 days, and adding the returns of +5.08% and -2.98% yields a net composite return of 2.10%. A net return of 2.10% in 4 days is an EDR of 0.5209% per day.

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