Technical Pulse on Biotech Stocks - Dendreon, Alkermes, Exact Sciences, Inovio Pharma, and Seattle Genetics

LONDON, November 10, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Dendreon Corporation (NASDAQ: DNDN), Alkermes PLC (NASDAQ: ALKS), Exact Sciences Corporation (NASDAQ: EXAS), Inovio Pharmaceuticals Inc. (NASDAQ: INO), and Seattle Genetics Inc. (NASDAQ: SGEN). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Friday, November 07, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,573.93, up 0.11% and the NASDAQ Composite closed at 4,632.53, down 0.13%. The S&P 500 finished the session 0.03% higher at 2,031.92. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Health Care Sector Index ended the day at 775.27, down 0.94%, whereas the index has gained 10.75% in the previous three months. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

Dendreon Corp.'s stock rallied 13.51%, to close the day at $0.94. The stock recorded a trading volume of 2.32 million shares, close to its three months average volume of 2.38 million shares. The company's shares oscillated between $0.80 and $1.00 during the session. Over the last three trading sessions and over the past one month, Dendreon Corp.'s shares have lost 3.77% and 15.88%, respectively. Further, the stock has plummeted 68.49% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Dendreon Corp.'s shares 200-day moving average of $2.11 is above its 50-day moving average of $1.23. Additionally, the stock has a Relative Strength Index (RSI) of 39.75. Sign up and read the free notes on DNDN at:

www.Investor-Edge.com/DNDN-10Nov2014

On Friday, shares in Alkermes PLC recorded a trading volume of 0.68 million shares, lower than its three months average volume of 0.85 million shares. The stock ended the day at $51.00, which was 0.06% below its previous day's closing of $51.03, and registered an intraday range of $49.52 and $51.21. Alkermes PLC's shares have gained 1.27% in the previous three trading sessions, 20.23% in the last one month, and 25.43% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $44.67 and $46.04, respectively. Furthermore, shares of Alkermes PLC have an RSI of 69.95. The complimentary notes on ALKS can be downloaded as in PDF format at:

www.Investor-Edge.com/ALKS-10Nov2014

Exact Sciences Corp.'s stock fell 2.23% to end Friday's session at $22.82. The stock recorded a trading volume of 2.47 million shares, which was at par with the three months average volume. The company's shares fluctuated between $22.51 and $23.39 during the session. Exact Sciences Corp.'s shares have rallied 94.21% since the beginning of 2014. Further, the stock has gained 21.38% over the last one month and 36.89% previous three months. The stock is trading above its 50-day and 200-day moving averages. Exact Sciences Corp.'s shares 50-day moving average of $21.60 is above its 200-day moving average of $16.38. Additionally, the stock has an RSI of 49.53. Register for free on Investor-Edge and access the latest research on EXAS at:

www.Investor-Edge.com/EXAS-10Nov2014

On Friday, shares in Inovio Pharmaceuticals Inc. fluctuated between $11.00 and $11.35 before ending the session 1.45% higher at $11.23. The stock reported a trading volume of 0.71 million shares, lower than its three months average volume of 1.20 million shares. Although Inovio Pharmaceuticals Inc.'s stock has fallen by 2.60% in the previous three trading sessions, it has gained 6.75% in the last one month and 12.75% in the past three months. The stock is trading above its 50-day and 200-day moving averages of $10.79 and $10.81, respectively. Moreover, shares of Inovio Pharmaceuticals Inc. have an RSI of 51.64. The complete research on INO is available for free at:

www.Investor-Edge.com/INO-10Nov2014

Seattle Genetics Inc.'s stock finished Friday's session 3.44% higher at $36.05. A total of 1.66 million shares were traded, which was above its three months average volume of 1.09 million shares. The stock vacillated between $34.14 and $36.17 during the session. Over the last one month, Seattle Genetics Inc.'s shares have advanced 5.07%. However, the stock has fallen by 1.42% in the previous three trading sessions and 7.94% in the past three months. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $40.49 is greater than its 50-day moving average of $37.65. Seattle Genetics Inc.'s stock has an RSI of 50.12. Free in depth research on SGEN is available at:

www.Investor-Edge.com/SGEN-10Nov2014

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