Biotech Stocks Technical Data -- Research on Navidea Biopharma, Alkermes, Nanosphere, and Organovo Holdings

LONDON, June 10, 2014 /PRNewswire/ --

The US markets on Monday, June 9, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,943.10, up 0.11% and the NASDAQ Composite closed at 4,336.24, up 0.34%. The S&P 500 finished the session 0.09% higher at 1,951.27. During the trading session, six out of ten sectors finished on a positive note. The S&P 500 Health Care Sector Index ended the day at 691.34, down 0.48%, whereas the index has advanced 3.44% in the last one month. Investor-Edge has initiated coverage on the following equities: Navidea Biopharmaceuticals Inc. (NYSE MKT: NAVB), Alkermes PLC (NASDAQ: ALKS), Nanosphere Inc. (NASDAQ: NSPH) and Organovo Holdings Inc. (NYSE MKT: ONVO). Free technical research on NAVB, ALKS, NSPH and ONVO can be downloaded upon signing up at:

http://www.investor-edge.com/3630-register

On Monday, shares in Navidea Biopharmaceuticals Inc. recorded a trading volume of 1.12 million shares, higher than its three months average volume of 0.93 million shares. The stock ended the day at $1.77, which was 2.31% above its previous day's closing of $1.73, and registered an intraday range of $1.71 and $1.77. Although Navidea Biopharmaceuticals Inc.'s stock has lost 14.49% on YTD basis, it has surged 10.63% in the previous three trading sessions and 32.09% in the last one month and. The stock is trading above its 50-day moving average of $1.63, while the 50-day moving average is below its 200-day moving average of $1.99. Furthermore, shares of Navidea Biopharmaceuticals Inc. have a Relative Strength Index (RSI) of 60.35. Sign up today to read free research on NAVB at:

http://www.investor-edge.com/3630-NAVB-10Jun2014.pdf

Alkermes PLC's stock finished the Monday's session 0.12% lower at $48.32. A total of 0.68 million shares were traded, which was below its three months average volume of 1.26 million shares. The stock vacillated between $47.65 and $48.53 during the session. Over the last one month and over the previous three months, Alkermes PLC's shares have advanced 9.49% and 4.32%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 18.84%. The stock is trading above its 50-day and 200-day moving averages of $45.08 and $41.66, respectively. Alkermes PLC's stock traded at a PE ratio of 920.68 and has an RSI of 63.17. Sign up today to read free research on ALKS at:

http://www.investor-edge.com/3630-ALKS-10Jun2014.pdf

On Monday, Nanosphere Inc.'s stock fluctuated between $1.25 and $1.37 before ending the session 5.51% higher at $1.34. The stock reported a trading volume of 0.88 million shares, above its three months average volume of 0.71 million shares. Nanosphere Inc.'s shares have surged 8.94% in the previous three trading sessions, while the stock has lost 6.94% in the last one month and 41.48% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $2.07 is greater than its 50-day moving average of $1.69. Shares of Nanosphere Inc. have an RSI of 30.02. Sign up today to read free research on NSPH at:

http://www.investor-edge.com/3630-NSPH-10Jun2014.pdf

Organovo Holdings Inc.'s stock fell 1.17%, to close the day at $7.63. The stock recorded a trading volume of 0.76 million shares, below its three months average volume of 1.59 million shares. The stock oscillated between $7.51 and $7.94 during the session. Over the last three trading sessions and over the past one month, Organovo Holdings Inc.'s shares have gained 3.53% and 23.06%, respectively. However, the stock has lost 31.07% since the start of this year. The company's stock is trading above its 50-day moving average $6.86, while its 200-day moving average of $7.97 is above the 50-day moving average. Additionally, shares in Organovo Holdings Inc.'s have an RSI of 65.43. Sign up today to read free research on ONVO at:

http://www.investor-edge.com/3630-ONVO-10Jun2014.pdf


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