Stock Watchout on Biotech Industry -- Research on ARIAD Pharma, Geron, Seattle Genetics, and Sarepta Therapeutics

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Jun 26, 2014, 07:30 ET from Investor-Edge

LONDON, June 26, 2014 /PRNewswire/ --

On Wednesday, June 25, 2014, the NASDAQ Composite ended at 4,379.76, up 0.68%, the Dow Jones Industrial Average advanced 0.29%, to finish the day at 16,867.51, and the S&P 500 closed at 1,959.53, up 0.49%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 708.15, up 1.08%, and the index has advanced 5.43% in the previous three months. Investor-Edge has initiated coverage on the following equities: ARIAD Pharmaceuticals Inc. (NASDAQ: ARIA), Geron Corp. (NASDAQ: GERN), Seattle Genetics Inc. (NASDAQ: SGEN) and Sarepta Therapeutics Inc. (NASDAQ: SRPT). Free technical research on ARIA, GERN, SGEN and SRPT can be downloaded upon signing up at: ARIAD Pharmaceuticals Inc.'s stock gained 1.43%, to close the day at $6.40. The stock recorded a trading volume of 5.14 million shares, much below its three months average volume of 9.37 million shares. The stock oscillated between $6.26 and $6.43 during the session. Although ARIAD Pharmaceuticals Inc.'s shares have gained 1.59% in the previous one month, it has declined 3.90% in the last three trading sessions and 6.16% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $7.78 is greater than its 50-day moving average of $6.79. Additionally, the stock has a Relative Strength Index (RSI) of 42.32. Sign up today to read free research on ARIA at: On Wednesday, shares in Geron Corp. recorded a trading volume of 2.66 million shares, lower than its three months average volume of 4.50 million shares. The stock ended the day at $3.05, which was 0.33% below its previous day's closing of $3.06, and registered an intraday range of $3.03 and $3.13. Geron Corp.'s shares have rallied 48.06% in the last one month and 41.86% in the previous three months. However, the company's stock has lost 35.65% since the start of this year. The stock is trading above its 50-day moving average of $2.18, which is below the 200-day moving average of $3.58. Furthermore, shares of the company have an RSI of 71.89. Sign up today to read free research on GERN at: Seattle Genetics Inc.'s stock finished the Wednesday's session 1.21% lower at $39.28. A total of 0.80 million shares were traded, which was below its three months average volume of 1.18 million shares. The stock moved between $38.76 and $40.10 during the session. Over the last three trading sessions and since the start of this year, Seattle Genetics Inc.'s shares have declined 5.21% and 1.53%, respectively. However, the company's stock has surged 18.46% in the last one month. The company's shares are trading above their 50-day moving average of $37.07. Seattle Genetics Inc.'s stock has an RSI of 56.42. Sign up today to read free research on SGEN at: On Wednesday, shares in Sarepta Therapeutics Inc. fluctuated between $29.78 and $30.95 before ending the session 0.72% lower at $30.41. Sarepta Therapeutics Inc.'s stock reported a trading volume of 0.87 million shares, below to its three months average volume of 1.36 million shares. Although, Sarepta Therapeutics Inc.'s shares have declined 4.91% in the previous three trading sessions, it has surged 26.92% in the last three months and 49.29% on YTD basis. The stock is trading above its 200-day moving average of $29.92. Moreover, shares of the company have an RSI of 38.97. Sign up today to read free research on SRPT at: =============== 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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