LONDON, May 12, 2014 /PRNewswire/ --
The markets on Friday, May 09, 2014 ended on a positive note as the S&P 500 finished the session 0.15% higher at 1,878.48, and the NASDAQ Composite closed at 4,071.87, up 0.50%. The Dow Jones Industrial Average finished at 16,583.34, up 0.20%. The gains were broad based as six out of ten sectors ended in positive. During the session gains in the Consumer Discretionary, Health Care and Consumer Staples sectors positively impacted the broader market, while some retraction came in from Materials, Financials, and Energy sectors. The S&P 500 Health Care Sector Index closed the day at 668.35, up 0.58%, with the index also advancing 3.66% in the last one month. Investor-Edge has initiated coverage on the following equities: Accuray Inc. (NASDAQ: ARAY), Varian Medical Systems Inc. (NYSE: VAR), Intuitive Surgical Inc. (NASDAQ: ISRG) and Edwards Lifesciences Corporation (NYSE: EW). Free technical research on ARAY, VAR, ISRG and EW can be downloaded upon signing up at: http://www.investor-edge.com/2402-register Accuray Inc.'s stock finished the Friday's session 0.37% lower at $8.00. A total of 1.07 million shares were traded, which was close to its three months average volume of 1.04 million shares. The stock moved between $7.89 and $8.16 during the session. Accuray Inc.'s stock has declined 2.44% in the previous three trading sessions, 4.19% in the last one month and 8.05% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $9.00 is greater than its 200-day moving average of $8.09. Accuray Inc.'s stock has a Relative Strength Index (RSI) of 37.79. Sign up today to read free research on ARAY at: http://www.investor-edge.com/2402-ARAY-12May2014.pdf On Friday, shares in Varian Medical Systems Inc. traded between $80.34 and $81.99 before ending the session 1.27% higher at $81.95. Varian Medical Systems Inc.'s stock reported a trading volume of 0.51 million shares, much below to its three months average volume of 0.70 million shares. Shares of the company traded at a PE ratio of 20.13. Varian Medical Systems Inc.'s shares have advanced 1.35% in the previous three trading session and 2.36% in the last one month. Additionally, from the beginning of 2014, the stock has gained an upside of 5.48%. The stock is trading above its 200-day moving average of $77.97. Moreover, shares of the company have an RSI of 54.92. Sign up today to read free research on VAR at: http://www.investor-edge.com/2402-VAR-12May2014.pdf Intuitive Surgical Inc.'s stock edged 0.20% higher, to close the day at $353.06. The stock recorded a trading volume of 0.92 million shares, much above its three months average volume of 0.63 million shares. The stock oscillated between $346.46 and $353.30 during the session. Over the last three trading sessions and over the past one month, Intuitive Surgical Inc.'s shares have plummeted 2.01% and 19.69%, respectively. Further, the stock has lost 8.08% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $453.52 is greater than its 200-day moving average of $398.38. Additionally, the stock traded at a PE ratio of 24.27 and has an RSI of 28.64. Sign up today to read free research on ISRG at: http://www.investor-edge.com/2402-ISRG-12May2014.pdf On Friday, shares in Edwards Lifesciences Corp. recorded a trading volume of 0.85 million shares, lower than its three months average volume of 1.25 million shares. The stock ended the day at $85.39, which was 1.80% above its previous day's closing of $83.88, and registered an intraday range of $83.33 and $85.50. Shares of the company traded at a PE ratio of 28.95. Edwards Lifesciences Corp.'s shares have surged 17.02% in the last one month and 27.54% in the previous three months. Further, the stock has advanced 29.85% since start of this year. The company's stock is trading above its 50-day and 200-day moving averages of $76.18 and $70.61, respectively. Furthermore, shares of the company have an RSI of 74.83. Sign up today to read free research on EW at: http://www.investor-edge.com/2402-EW-12May2014.pdf =============== EDITOR'S NOTES: =============== 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. 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