Biotech Stocks Technical Analysis - Achillion Pharma, Array BioPharma, Rexahn Pharma, Neurocrine Biosciences, and Bluebird Bio

LONDON, January 27, 2015 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Achillion Pharmaceuticals Inc. (NASDAQ: ACHN), Array BioPharma Inc. (NASDAQ: ARRY), Rexahn Pharmaceuticals Inc. (NYSE MKT: RNN), Neurocrine Biosciences Inc. (NASDAQ: NBIX), and Bluebird Bio Inc. (NASDAQ: BLUE). Free research report on Achillion Pharma can be accessed at http://get.Investor-Edge.com/pdf/?c=Achillion%20Pharma&d=27-Jan-2015&s=ACHN. On Monday, January 26, 2015, the NASDAQ Composite ended at 4,771.76, up 0.29%, the Dow Jones Industrial Average advanced 0.03%, to finish the day at 17,678.70, and the S&P 500 closed at 2,057.09, up 0.26%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 825.01, up 0.45%, with the index also advancing 9.36% in the previous three months. Register for your complimentary reports at the links given below.  

Achillion Pharmaceuticals Inc.'s stock declined 2.47%, to close Monday's session at $15.60, after oscillating between $15.41 and $16.54. The stock recorded a trading volume of 6.42 million shares, below its three months average volume of 7.02 million shares. Over the last one month and the previous three months, Achillion Pharmaceuticals Inc.'s shares have surged 21.65% and 33.18%, respectively. Additionally, the stock has rallied 324.93% in the last one year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $13.62 is above its 200-day moving average of $9.11. Further, Achillion Pharmaceuticals Inc.'s stock has a Relative Strength Index (RSI) of 64.86. Sign up and read the free notes on ACHN at:

http://get.Investor-Edge.com/pdf/?c=Achillion%20Pharma&d=27-Jan-2015&s=ACHN

Array BioPharma Inc.'s stock finished Monday's session 9.77% higher at $7.81. A total of 15.77 million shares were traded, which was much above its three months average volume of 2.69 million shares. The stock moved between $6.86 and $7.93 during the session. Array BioPharma Inc.'s shares have rallied 64.66% in the previous three trading sessions and 116.81% in the last three months. Additionally, the stock has surged 55.17% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $4.47 is greater than its 200-day moving average of $4.06. Array BioPharma Inc.'s stock has an RSI of 82.05. The complimentary notes on ARRY can be downloaded as in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Array%20BioPharma&d=27-Jan-2015&s=ARRY

On Monday, shares in Rexahn Pharmaceuticals Inc. fluctuated between $0.72 and $0.76 before ending the session 6.66% higher at $0.76. The stock reported a trading volume of 0.77 million shares, below its three months average volume of 1.00 million shares. Rexahn Pharmaceuticals Inc.'s shares have advanced 3.10% in the previous three trading sessions and 8.10% in the last one month. However, the stock has declined 24.22% in the last one year. The company's stock is trading above its 50-day moving average of $0.73. Moreover, shares of Rexahn Pharmaceuticals Inc. have an RSI of 42.72. Register for free on Investor-Edge and access the latest research on RNN at:

http://get.Investor-Edge.com/pdf/?c=Rexahn%20Pharma&d=27-Jan-2015&s=RNN

Neurocrine Biosciences Inc.'s stock advanced 5.84%, to close the day at $33.55. The stock recorded a trading volume of 1.28 million shares, above its three months average volume of 0.98 million shares. The stock oscillated between $31.08 and $33.59 during the session. Over the last one month and over the past three months, Neurocrine Biosciences Inc.'s shares have surged 47.34% and 91.60%, respectively. Further, the stock has rallied 85.36% in the previous one year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $22.82 is above its 200-day moving average of $16.96. Additionally, Neurocrine Biosciences Inc.'s stock has an RSI of 71.24. The complete research on NBIX is available for free at:

http://get.Investor-Edge.com/pdf/?c=Neurocrine%20Biosciences&d=27-Jan-2015&s=NBIX

On Monday, shares in Bluebird Bio Inc. recorded a trading volume of 0.48 million shares, lower than its three months average volume of 0.90 million shares. The stock ended the day at $97.78, which was 1.94% above its previous day's closing of $95.92, and registered an intraday range of $92.02 and $97.89. Bluebird Bio Inc.'s shares have rallied 8.66% in the last one month, 138.49% in the previous three months and 351.64% in the past one year. The company's stock is trading above its 50-day and 200-day moving averages of $73.46 and $42.33, respectively. Furthermore, shares of Bluebird Bio Inc. have an RSI of 57.61. Free in depth research on BLUE is available at:

http://get.Investor-Edge.com/pdf/?c=Bluebird%20Bio&d=27-Jan-2015&s=BLUE

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