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Magnum Hunter Resources Corporation(MHR) Forecast Chart for Apr 18, 2014*
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April 17, 2014 (RicochetTrader.com)

Forecast chart for Magnum Hunter Resources Corporation ( MHR ) for the next 15 trading days, starting on April 18, 2014

On April 17, 2014 Magnum Hunter Resources Corporation had a closing price of $8.58 with 4,513,416 shares traded. The trading liquidity was $38.73M. The forecast predicted average opening price for trading date April 18, 2014 is $8.58.

Summary Information for Magnum Hunter Resources Corporation ( MHR ).

Summary of the 10th percentile net composite return.
The best expected daily return of 0.2625% occurs on day 15 where there is a 10% chance that MHR will rise to $9.89 (+15.25%) and there is a 10% chance it will fall to $7.62 (-11.24%). There is a 20% that MHR will cross one of these price levels in 15 days, and adding the returns of +15.25% and -11.24% yields a net composite return of 4.01%. A net return of 4.01% in 15 days is an EDR of 0.2625% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.2006% occurs on day 13 where there is a 20% chance that MHR will rise to $9.36 (+9.08%) and there is a 20% chance it will fall to $8.03 (-6.44%). There is a 40% that MHR will cross one of these price levels in 13 days, and adding the returns of +9.08% and -6.44% yields a net composite return of 2.64%. A net return of 2.64% in 13 days is an EDR of 0.2006% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.1324% occurs on day 12 where there is a 30% chance that MHR will rise to $9.07 (+5.71%) and there is a 30% chance it will fall to $8.23 (-4.11%). There is a 60% that MHR will cross one of these price levels in 12 days, and adding the returns of +5.71% and -4.11% yields a net composite return of 1.60%. A net return of 1.60% in 12 days is an EDR of 0.1324% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.1054% occurs on day 7 where there is a 40% chance that MHR will rise to $8.81 (+2.71%) and there is a 40% chance it will fall to $8.41 (-1.97%). There is a 80% that MHR will cross one of these price levels in 7 days, and adding the returns of +2.71% and -1.97% yields a net composite return of 0.74%. A net return of 0.74% in 7 days is an EDR of 0.1054% per day.

* The forecast for Magnum Hunter Resources Corporation (MHR) was made using market data after the close on April 17, 2014 but is generated for the next trading day, or April 18, 2014