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Magnum Hunter Resources Corporation(MHR) Forecast Chart for Sep 19, 2014*
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September 18, 2014 (RicochetTrader.com)

Forecast chart for Magnum Hunter Resources Corporation ( MHR ) for the next 15 trading days, starting on September 19, 2014

On September 18, 2014 Magnum Hunter Resources Corporation had a closing price of $6.02 with 4,726,740 shares traded. The trading liquidity was $28.45M. The forecast predicted average opening price for trading date September 19, 2014 is $6.03.

Summary Information for Magnum Hunter Resources Corporation ( MHR ).

Summary of the 10th percentile net composite return.
The best expected daily return of -0.7671% occurs on day 2 where there is a 10% chance that MHR will rise to $6.39 (+5.95%) and there is a 10% chance it will fall to $5.58 (-7.49%). There is a 20% that MHR will cross one of these price levels in 2 days, and adding the returns of +5.95% and -7.49% yields a net composite return of -1.54%. A net return of -1.54% in 2 days is an EDR of -0.7671% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of -0.6529% occurs on day 2 where there is a 20% chance that MHR will rise to $6.28 (+4.11%) and there is a 20% chance it will fall to $5.70 (-5.42%). There is a 40% that MHR will cross one of these price levels in 2 days, and adding the returns of +4.11% and -5.42% yields a net composite return of -1.31%. A net return of -1.31% in 2 days is an EDR of -0.6529% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of -0.6131% occurs on day 2 where there is a 30% chance that MHR will rise to $6.20 (+2.82%) and there is a 30% chance it will fall to $5.79 (-4.05%). There is a 60% that MHR will cross one of these price levels in 2 days, and adding the returns of +2.82% and -4.05% yields a net composite return of -1.23%. A net return of -1.23% in 2 days is an EDR of -0.6131% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of -0.3892% occurs on day 2 where there is a 40% chance that MHR will rise to $6.16 (+2.10%) and there is a 40% chance it will fall to $5.86 (-2.88%). There is a 80% that MHR will cross one of these price levels in 2 days, and adding the returns of +2.10% and -2.88% yields a net composite return of -0.78%. A net return of -0.78% in 2 days is an EDR of -0.3892% per day.

* The forecast for Magnum Hunter Resources Corporation (MHR) was made using market data after the close on September 18, 2014 but is generated for the next trading day, or September 19, 2014