Technical Analysis on Top Gainers -- Research on Idenix Pharma, Senomyx, DepoMed, and Highpower Intl.

LONDON, June 3, 2014 /PRNewswire/ --

The US markets saw a mixed sentiment on Monday, June 02, 2014, with the NASDAQ Composite closing at 4,237.20, down 0.13%, the Dow Jones Industrial Average ending the session at 16,743.63, up 0.16% and the S&P 500 finishing 0.07% higher at 1,924.97. During the trading session, six out of ten sectors finished on a higher note. Investor-Edge has initiated coverage on the following equities: Idenix Pharmaceuticals Inc. (NASDAQ: IDIX), Senomyx Inc. (NASDAQ: SNMX), DepoMed Inc. (NASDAQ: DEPO) and Highpower International Inc. (NASDAQ: HPJ). Free technical research on IDIX, SNMX, DEPO and HPJ can be downloaded upon signing up at:

http://www.investor-edge.com/3333-register

Shares in Idenix Pharmaceuticals Inc. fluctuated between $6.36 and $6.96 before ending the session 10.05% higher at $6.90. On Monday, the company's stock reported a trading volume of 1.51 million shares, above its three months average volume of 1.27 million shares. Idenix Pharmaceuticals Inc.'s shares have gained 3.76% in the previous three trading sessions and 30.93% in the last one month. Moreover, the stock has surged 15.38% on YTD basis. The S&P 500 Health Care Sector Index gained 0.17% during the trading session, and the index has advanced 7.64% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $5.82 is above its 200-day moving average of $5.64. Idenix Pharmaceuticals Inc.'s stock has a Relative Strength Index (RSI) of 56.23. Sign up today to read free research on IDIX at:

http://www.investor-edge.com/3333-IDIX-03Jun2014.pdf

Senomyx Inc.'s stock surged 8.75% on Monday, closing the day at $7.46. The stock recorded a trading volume of 0.97 million shares, which was above its three months average volume of 0.70 million shares. The stock oscillated between $6.85 and $7.57 during the trading session. Shares in Senomyx Inc. have surged 7.80% over the previous three trading sessions and 47.43% since the start of this year, although, the shares have edged lower by 0.53% in the last one month. The S&P 500 Materials Sector Index mapped a gain of 0.40% during the trading session, and the index has charted up 3.42% in the previous one month. The stock is trading below its 50-day moving average. Senomyx Inc.'s 50-day moving average of $8.53 is above its 200-day moving average of $6.15. Furthermore, shares of the company have an RSI of 41.41. Sign up today to read free research on SNMX at:

http://www.investor-edge.com/3333-SNMX-03Jun2014.pdf

On Monday, shares in Depomed Inc. recorded a trading volume of 1.02 million shares, below its three months average volume of 1.22 million shares. The stock ended the day at $12.68, which was 6.29% above its previous day's closing, and registered an intraday range of $11.93 and $12.77. Depomed Inc.'s stock has advanced 4.71% in the previous three trading sessions and 19.85% on YTD basis. However, the stock has lost 9.04% in the last one month. The S&P 500 Health Care Sector Index mapped a gain of 0.17% during the trading session, and the index has advanced 1.19% in the last three trading sessions. The company's stock is trading below its 50-day moving average. Depomed Inc.'s 50-day moving average of $12.97 is above its 200-day moving average of $10.36. Moreover, shares of the company traded at a PE ratio of 11.11 and have an RSI of 47.65. Sign up today to read free research on DEPO at:

http://www.investor-edge.com/3333-DEPO-03Jun2014.pdf

Shares in Highpower International Inc. finished Monday's session 12.06% higher at $4.18. A total of 0.63 million shares were traded, which was close to its three months average volume of 0.66 million shares. The stock moved between $3.75 and $4.40 during the session. Shares of the company traded at a PE ratio of 52.25. Over the previous three trading sessions and from the start of this year, Highpower International Inc.'s stock has gained 5.56% and 63.28%, respectively. However, the stock has declined 9.52% in the last one month. The S&P 500 Industrials Sector Index mapped a gain of 0.37% during the trading session, and the index has advanced 4.40% in the previous three months. The company's shares are trading below their 50-day moving average. The stock's 50-day moving average of $4.81 is above its 200-day moving average of $3.09. Furthermore, Highpower International Inc.'s stock has an RSI of 41.10. Sign up today to read free research on HPJ at:

http://www.investor-edge.com/3333-HPJ-03Jun2014.pdf

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