I was wondering, since after blindly assuming that they do I did a test.
I targetted a guard outside Tir west gate & retreated to the point where the red range indicators show me as out of range. I then equipped my Movement Predictor & lo and behold, the range finders didn't turn red again. Repeated attempts gave the same result, so I was wondering if anyone else has noticed this?
Apologies if this has already been covered, or is a known bug, but I did a search before posting & it produced no results.