Technical Updates on Biotech Stocks -- Research on Alexion Pharma, Acorda Therapeutics, Clovis Oncology, and Sangamo BioSciences Editor Note: For more information about this release, please scroll to bottom.

LONDON, May 9, 2014 /PRNewswire/ --

The markets on Thursday, May 08, 2014 ended on a mixed note as the S&P 500 finished the session 0.14% lower at 1,875.63, and the NASDAQ Composite closed at 4,051.50, down 0.40%. The Dow Jones Industrial Average finished at 16,550.97, up 0.20%. During the session, the five out of ten sectors ended in positive. The session saw a positive impact from Telecommunication Services, Consumer Discretionary and Financials sectors along with a drag from Energy, Utilities and Health Care sectors. The S&P 500 Health Care Sector Index closed the day at 664.48, down 0.53%, while the index has advanced 1.96% in the previous three months. Investor-Edge has initiated coverage on the following equities: Alexion Pharmaceuticals Inc. (NASDAQ: ALXN), Acorda Therapeutics Inc. (NASDAQ: ACOR), Clovis Oncology Inc. (NASDAQ: CLVS) and Sangamo BioSciences Inc. (NASDAQ: SGMO). Free technical research on ALXN, ACOR, CLVS and SGMO can be downloaded upon signing up at:

http://www.investor-edge.com/2347-register

Alexion Pharmaceuticals Inc.'s stock declined 1.71%, to close the day at $151.05. The stock recorded a trading volume of 1.04 million shares, much below its three months average volume of 1.89 million shares. The stock oscillated between $150.68 and $157.07 during the session. Although, Alexion Pharmaceuticals Inc. stock has lost 5.42% in the previous three trading sessions, it has advanced 2.30% in the last one month and 13.67% since the start of this year. The stock is trading above its 200-day moving average of $133.98, while the 200-day moving average is below Alexion Pharmaceuticals Inc.'s 50-day moving average of $159.98. Additionally, the stock traded at a PE ratio of 71.03 and has an RSI of 48.56. Sign up today to read free research on ALXN at:

http://www.investor-edge.com/2347-ALXN-09May2014.pdf

Acorda Therapeutics Inc.'s stock finished the Thursday's session 3.45% lower at $29.69. A total of 0.48 million shares were traded, which was close to its three months average volume of 0.53 million shares. The stock moved between $29.61 and $31.23 during the session. Shares of the company traded at a PE ratio of 65.42. Over the previous three trading sessions and the last three months, Acorda Therapeutics Inc.'s shares have declined 6.43% and 1.69%, respectively. However, from the beginning of 2014, the company's stock has gained an upside of 1.68%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $36.56 is greater than its 200-day moving average of $33.99. Acorda Therapeutics Inc.'s stock has an RSI of 33.09. Sign up today to read free research on ACOR at:

http://www.investor-edge.com/2347-ACOR-09May2014.pdf

On Thursday, shares in Clovis Oncology Inc. traded between $49.14 and $51.50 before ending the session 3.09% lower at $49.32. Clovis Oncology Inc.'s stock reported a trading volume of 0.69 million shares, which was above its three months average volume of 0.61 million shares. Clovis Oncology Inc.'s shares have declined 8.28% in the previous three trading sessions, 24.74% in the last one month and 18.17% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $68.85 and $64.40, respectively. Moreover, shares of the company have an RSI of 30.87. Sign up today to read free research on CLVS at:

http://www.investor-edge.com/2347-CLVS-09May2014.pdf

On Thursday, shares in Sangamo BioSciences Inc. recorded a trading volume of 1.23 million shares, lower than its three months average volume of 1.62 million shares. The stock ended the day at $11.71, which was 0.43% below its previous day's closing of $11.76, and registered an intraday range of $11.64 and $12.72. Over the previous three trading sessions and over the last one month, company's shares have plummeted 11.76% and 24.65% respectively. Additionally, the stock has declined 15.69% since start of this year. The company's stock is trading below its 50-day and 200-day moving averages of $17.54 and $13.95, respectively. Furthermore, shares of the company have an RSI of 25.48. Sign up today to read free research on SGMO at:

http://www.investor-edge.com/2347-SGMO-09May2014.pdf

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EDITOR'S NOTES:
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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. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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