Technical Snapshot on Health Care Stocks -- Research on Opko Health, Hologic, RadNet, and Alere

LONDON, May 23, 2014 /PRNewswire/ --

On Thursday, May 22, 2014, the NASDAQ Composite ended at 4,154.34, up 0.55%, the Dow Jones Industrial Average finished the day 0.06% higher at 16,543.08, and the S&P 500 closed at 1,892.49, up 0.24%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 680.78, up 0.50%, with the index also advancing 1.10% in the past one month. Investor-Edge has initiated coverage on the following equities: Opko Health Inc. (NYSE: OPK), Hologic Inc. (NASDAQ: HOLX), RadNet Inc. (NASDAQ: RDNT) and Alere Inc. (NYSE: ALR). Free technical research on OPK, HOLX, RDNT and ALR can be downloaded upon signing up at:

http://www.investor-edge.com/2952-register

On Thursday, shares in OPKO Health Inc. traded between $8.25 and $8.58 before ending the session 3.00% higher at $8.57. OPKO Health Inc.'s stock reported a trading volume of 2.89 million shares, close to its three months average volume of 2.61 million shares. OPKO Health Inc.'s shares have advanced 2.51% in the previous three trading sessions and 3.13% in the last one month. Additionally, from the beginning of 2014, the stock has gained an upside of 1.54%. The stock is trading below its 50-day and 200-day moving averages of $8.78 and $9.08, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 48.00. Sign up today to read free research on OPK at:

http://www.investor-edge.com/2952-OPK-23May2014.pdf

Hologic Inc.'s stock finished the Thursday's session 0.08% higher at $23.84. A total of 2.28 million shares were traded, which was below its three months average volume of 2.57 million shares. The stock moved between $23.66 and $24.05 during the session. Over the last one month and the previous three months, Hologic Inc.'s shares have surged 15.00% and 9.31%, respectively. Additionally, the company's stock has gained 6.67% since start of this 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 $22.03 is greater than its 200-day moving average of $21.84. Hologic Inc.'s stock traded has an RSI of 60.67. Sign up today to read free research on HOLX at:

http://www.investor-edge.com/2952-HOLX-23May2014.pdf

On Thursday, shares in RadNet Inc. recorded a trading volume of 0.51 million shares, lower than its three months average volume of 0.75 million shares. The stock ended the day at $6.20, which was 0.32% above its previous day's closing of $6.18, and registered an intraday range of $5.90 and $6.28. Shares of the company traded at a PE ratio of 213.79. RadNet Inc.'s shares have rallied 26.79% in the last one month and 213.13% in the previous three months. Additionally, the stock has surged 271.26% since beginning of this year. The company's stock is trading above its 50-day and 200-day moving averages of $4.31 and $2.72, respectively. Furthermore, shares of the company have an RSI of 68.93. Sign up today to read free research on RDNT at:

http://www.investor-edge.com/2952-RDNT-23May2014.pdf

Alere Inc.'s stock edged 0.26% higher, to close the day at $35.29. The stock recorded a trading volume of 0.30 million shares, much below its three months average volume of 0.72 million shares. The stock oscillated between $35.18 and $35.57 during the session. Alere Inc.'s shares have declined 0.73% in the previous three trading sessions, 1.34% in the last three months and 2.51% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $35.26 is greater than its 200-day moving average of $34.28. Additionally, the stock has an RSI of 49.65. Sign up today to read free research on ALR at:

http://www.investor-edge.com/2952-ALR-23May2014.pdf


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