Coverage of Top Gainers -- Research on Synta Pharma, BG Medicine, Abraxas Petroleum, and xG Technology

LONDON, March 19, 2014 /PRNewswire/ --

The US markets saw a positive sentiment on Tuesday, March 18, 2014, with the NASDAQ Composite closing at 4,333.31, up 1.25%, the Dow Jones Industrial Average ending the session at 16,336.19, up 0.55% and the S&P 500 edging 0.72% higher to finish the trading session at 1,872.25. During the session, gains in the Information Technology, Health Care, and Energy sectors positively impacted the broader market. A number of stocks saw large movements, including Synta Pharmaceuticals Corp. (NASDAQ: SNTA), BG Medicine Inc. (NASDAQ: BGMD), Abraxas Petroleum Corp. (NASDAQ: AXAS), and xG Technology Inc. (NASDAQ: XGTI). Free technical research on SNTA, BGMD, AXAS and XGTI can be downloaded upon signing up at:

http://www.investor-edge.com/318-register

Shares in Synta Pharmaceuticals Corp. edged 8.28% higher, finishing Tuesday's session at $4.71. The stock fluctuated between $4.34 and $4.76 during the session with a trading volume of 3.39 million shares as compared to a three months average volume of 2.42 million shares. Shares in Synta Pharmaceuticals Corp. have gained 8.03% in the previous three trading sessions and 8.53% in the last three months, while the same has fallen by 10.11% on YTD basis. The S&P 500 Health Care Sector Index mapped a gain of 1.17% during the trading session and charted up 1.47% in the last one month. Furthermore, the stock is trading at the RSI of 31.08 and below its 50-day and 200-day moving averages of $5.84 and $5.58, respectively. Sign up today to read free research on SNTA at:

http://www.investor-edge.com/318-SNTA-19Mar2014.pdf

BG Medicine Inc.'s stock closed Tuesday's session at $1.85, which is 31.21% higher than the previous day's closing price of $1.41. A total of 9.30 million shares were traded as compared to a three months average volume of 1.51 million shares. The stock oscillated between $1.46 and $1.87 during the trading session. BG Medicine Inc.'s shares have surged 42.31% in the previous three trading sessions, 43.97% in the last one month and 77.88% on YTD basis. The S&P 500 Health Care Sector Index mapped a gain of 1.17% during the trading session and charted up 8.57% in the previous three months. Moreover, the stock is trading at the RSI of 59.46 and above its 50-day and 200-day moving averages of $1.29 and $1.06, respectively. Sign up today to read free research on BGMD at:

http://www.investor-edge.com/318-BGMD-19Mar2014.pdf

On Tuesday, shares in Abraxas Petroleum Corp. ended the session at $3.91, up 6.79%, hitting a new 52-week high of $3.96. A total of 3.41 million shares were traded as compared to a three months average volume of 1.00 million shares. During the session, the stock traded between $3.70 and $3.96. The company's shares have advanced 19.16% in the last one month and 21.76% in the previous three months. Abraxas Petroleum Corp.'s shares traded at a PE ratio of 17.70 and have gone up 19.85% on YTD basis. The S&P 500 Energy Sector Index mapped a gain of 0.78% during the trading session and charted up 1.40% in the last one month. Further, the stock is trading at the RSI of 66.99 and above its 50-day and 200-day moving averages of $3.25 and $2.89, respectively. Sign up today to read free research on AXAS at:

http://www.investor-edge.com/318-AXAS-19Mar2014.pdf

xG Technology Inc.'s stock finished Tuesday's session at $3.46, recording a 28.62% gain. A total of 6.08 million shares were traded which is above the three months average volume of 0.96 million shares. The stock vacillated between $2.63 and $3.85 during the session. xG Technology Inc.'s shares have rallied 160.15% in the last one month and 118.99% on YTD basis. The S&P 500 Telecommunication Services Sector Index mapped a gain of 0.66% during the trading session and charted up 1.21% in the last one month. Additionally, the stock is trading at the RSI of 54.28 and above its 50-day moving average of $1.90. Sign up today to read free research on XGTI at:

http://www.investor-edge.com/318-XGTI-19Mar2014.pdf


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