Biotech Stocks Technical Data -- Research on Dynavax Technologies, Ironwood Pharma, Rigel Pharma, and Momenta Pharma

LONDON, June 3, 2014 /PRNewswire/ --

On Monday, June 02, 2014, the NASDAQ Composite ended at 4,237.20, down 0.13%, the Dow Jones Industrial Average finished the day 0.16% higher at 16,743.63, and the S&P 500 closed at 1,924.97, up 0.07%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 691.40, up 0.17%, and the index has advanced 3.37% in the last one month. Investor-Edge has initiated coverage on the following equities: Dynavax Technologies Corp. (NASDAQ: DVAX), Ironwood Pharmaceuticals Inc. (NASDAQ: IRWD), Rigel Pharmaceuticals Inc. (NASDAQ: RIGL) and Momenta Pharmaceuticals Inc. (NASDAQ: MNTA). Free technical research on DVAX, IRWD, RIGL and MNTA can be downloaded upon signing up at:

http://www.investor-edge.com/3342-register

On Monday, Dynavax Technologies Corp.'s stock recorded a trading volume of 1.35 million shares, lower than its three months average volume of 2.71 million shares. The stock finished the day at $1.40, down 2.78%, and registered an intraday range of $1.39 and $1.45. Dynavax Technologies Corp.'s shares have declined 2.78% in the past three trading sessions and 7.89% in the last one month. Also, the stock has lost 28.57% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $1.56 is above its 50-day moving average of $1.54. Additionally, Shares of the company have a Relative Strength Index (RSI) of 49.43. Sign up today to read free research on DVAX at:

http://www.investor-edge.com/3342-DVAX-03Jun2014.pdf

Ironwood Pharmaceuticals Inc.'s stock fell by 3.98%, to close Monday's session at $13.75, after oscillating between $13.62 and $14.34. The stock recorded a trading volume of 0.68 million shares, below its three months average volume of 1.54 million shares. Over the last one month and from the beginning of 2014, Ironwood Pharmaceuticals Inc.'s shares have gone up 16.62% and 18.43%, respectively. However, over the past three months, the company's stock has declined 5.24%. The stock is trading above its 50-day and 200-day moving averages. The company stock's 50-day moving average of $12.21 is above its 200-day moving average of $12.06. Further, the company's stock has an RSI of 63.07. Sign up today to read free research on IRWD at:

http://www.investor-edge.com/3342-IRWD-03Jun2014.pdf

On Monday, Rigel Pharmaceuticals Inc.'s stock finished the session 1.82% lower at $3.23. A total of 0.43 million shares were traded, which was below its three months average volume of 1.00 million shares. The stock moved between $3.17 and $3.31 during the session. Over the last one month and since the start of this year, Rigel Pharmaceuticals Inc.'s shares have surged 3.86% and 13.33%, respectively. However, the stock has fallen by 6.10% over the past three months. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $3.35 is greater than its 200-day moving average of $3.28. Rigel Pharmaceuticals Inc.'s stock has an RSI of 54.10. Sign up today to read free research on RIGL at:

http://www.investor-edge.com/3342-RIGL-03Jun2014.pdf

Shares in Momenta Pharmaceuticals Inc. fluctuated between $12.22 and $12.87 before ending Monday's session up 0.32%, at $12.43. The company's stock reported a trading volume of 0.64 million shares, below its three months average volume of 0.99 million shares. Further, Momenta Pharmaceuticals Inc.'s shares have surged 11.58% over the last one month. However, the stock has lost 16.01% over the previous three months and 29.69% on YTD basis. The stock is trading above its 50-day moving average. The stock's 200-day moving average of $15.41 is greater than its 50-day moving average of $11.79. Moreover, shares of the company have an RSI of 56.69. Sign up today to read free research on MNTA at:

http://www.investor-edge.com/3342-MNTA-03Jun2014.pdf

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