Technical Summary on Pharma Stocks -- Research on Pacira Pharma, Ventrus Biosciences, Teva Pharma, and Novo Nordisk

LONDON, May 19, 2014 /PRNewswire/ --

The trading session on Friday, May 16, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,491.31, up 0.27% and the NASDAQ Composite closed at 4,090.59, up 0.52%. The S&P 500 finished the day 0.37% higher at 1,877.86. During the Friday's session, nine out of ten sectors ended on a higher note. The S&P 500 Health Care Sector Index ended the day at 671.93, up 0.35%, with the index advancing 2.03% in the last one month. Investor-Edge has initiated coverage on the following equities: Pacira Pharmaceuticals Inc. (NASDAQ: PCRX), Ventrus Biosciences Inc. (NASDAQ: VTUS), Teva Pharmaceutical Industries Ltd (NYSE: TEVA) and Novo Nordisk (NYSE: NVO). Free technical research on PCRX, VTUS, TEVA and NVO can be downloaded upon signing up at:

http://www.investor-edge.com/2710-register

On Friday, shares in Pacira Pharmaceuticals Inc. fluctuated between $73.18 and $75.59 before ending the session 0.13% lower at $75.11. The stock reported a trading volume of 0.32 million shares, below its three months average volume of 0.53 million shares. Pacira Pharmaceuticals Inc.'s shares have fallen by 1.50% in the previous three trading sessions, while the stock has surged 13.72% in the last one month and 30.65% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $70.11 and $57.20, respectively. Moreover, shares of Pacira Pharmaceuticals Inc. have a Relative Strength Index (RSI) of 56.60. Sign up today to read free research on PCRX at:

http://www.investor-edge.com/2710-PCRX-19May2014.pdf

On Friday, shares in Ventrus Biosciences Inc. edged 0.95% higher, to close the day at $1.06. The stock recorded a trading volume of 0.14 million shares, much below its three months average volume of 0.53 million shares. The stock oscillated between $1.05 and $1.08 during the session. Over the last three trading sessions, Ventrus Biosciences Inc.'s shares have gained 2.91%. However, the stock has lost 1.85% the past one month and 72.25% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $2.51 is greater than its 50-day moving average of $1.19. Additionally, Ventrus Biosciences Inc.'s stock has an RSI of 43.18. Sign up today to read free research on VTUS at:

http://www.investor-edge.com/2710-VTUS-19May2014.pdf

On Friday, shares in Teva Pharmaceutical Industries Ltd recorded a trading volume of 3.44 million shares, lower than its three months average volume of 6.85 million shares. The stock ended the day at $49.81, which was 0.52% below its previous day's closing of $50.07, and registered an intraday range of $49.28 and $50.00. Although Teva Pharmaceutical Industries Ltd's stock has fallen by 2.71% in the previous three trading sessions and 2.05% in the last one month, it has gained 24.28% on YTD basis. The stock is trading above its 200-day moving average of $43.16, while the 200-day moving average is below Teva Pharmaceutical Industries Ltd's 50-day moving average of $50.26. Furthermore, shares of the company have an RSI of 48.36. Sign up today to read free research on TEVA at:

http://www.investor-edge.com/2710-TEVA-19May2014.pdf

Novo Nordisk's stock finished the Friday's session 0.12% lower at $42.41. A total of 1.10 million shares were traded, which was below its three months average volume of 1.50 million shares. The stock vacillated between $42.16 and $42.95 during the session. Over the last one month and over the previous three months, Novo Nordisk's shares have fallen by 3.94% and 4.33%, respectively. However, from the beginning of 2014, the company's stock has gained an upside of 14.77%. The company's stock is trading above its 200-day moving average. Moreover, Novo Nordisk's 50-day moving average of $44.54 is above its 200-day moving average of $38.58. The company's stock has an RSI of 36.86. Sign up today to read free research on NVO at:

http://www.investor-edge.com/2710-NVO-19May2014.pdf


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