AAAResearchReports.com Pre-Market Technical Analysis: Elan Corp., Amarin Corp., Cubist Pharmaceuticals, and Seattle Genetics

LONDON, November 27, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

The U.S. equity market edged higher on Tuesday, November 26, 2013. The S&P 500 and the NASDAQ Composite gained 0.01%, 0.58%, respectively, while the Dow Jones Industrial Average finished flat. Shares in the healthcare sector finished on a mixed note, even as the broader market edged higher. The major movers in the sector included Elan Corp PLC (NYSE: ELN), Amarin Corp PLC (NASDAQ: AMRN), Cubist Pharmaceuticals Inc. (NASDAQ: CBST), and Seattle Genetics Inc. (NASDAQ: SGEN). All these companies are tracked by AAAResearchReports.com. Free technical research on ELN, AMRN, CBST, and SGEN can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

Elan Corp PLC's stock hit a new 52-week high of $18.17 on Tuesday, before finishing the day flat at $18.13. The company's shares oscillated between $18.04 and $18.17 during the trading session. A total of 4.04 million shares were traded, which is below the daily average volume 6.76 million. The company's shares have surged 12.47% in the last one month and 20.23% in the previous three months, outperforming the S&P 500, which has advanced 2.44% and 8.81% during the respective periods. Furthermore, Elan Corp PLC's stock is trading above its 50-day and 200-day moving averages of $16.48 and $13.94, respectively. Sign up and read the complimentary report on ELN at:

http://www.AAAResearchReports.com/ELN112713.pdf

On Tuesday, Amarin Corp PLC's stock surged 2.13%, tracking gains in the broader market. The company's shares fluctuated between $1.87 and $1.95 before closing the day at $1.92. A total of 2.78 million shares were traded, which is below the daily average volume of 8.99 million. The company's shares have lost 3.47% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.38% during the same period. Despite Tuesday's gains, Amarin Corp PLC's stock is trading below its 50-day and 200-day moving averages of $3.82 and $6.06, respectively. The free report on AMRN can be downloaded by signing up now at:

http://www.AAAResearchReports.com/AMRN112713.pdf

Shares in Cubist Pharmaceuticals Inc. fell by 2.83% on Tuesday, closing the day at $68.76, after fluctuating between $68.35 and $71.09 during the trading session. A total of 0.97 million shares were traded, which is below the daily average volume 1.30 million. Despite Tuesday's decline, the company's shares have advanced 6.92% in the previous three trading sessions and 8.20% in the last one month, compared to a gain of 0.38% and 2.44% in the S&P 500 during the respective periods. Further, Cubist Pharmaceuticals Inc.'s stock is trading above its 50-day and 200-day moving averages of $64.06 and $55.03, respectively. A free report on CBST can be accessed by registering at:

http://www.AAAResearchReports.com/CBST112713.pdf

Seattle Genetics Inc.'s stock edged 0.60% lower on Tuesday, closing the day at $41.50 as compared to the previous day's closing price of $41.75. The company's shares oscillated between $41.24 and $42.00 during the trading session. A total of 0.57 million shares were traded, which is below the daily average volume of 0.81 million. Seattle Genetics Inc.'s shares have gained 2.47% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.38% during the same period. Additionally, the company's stock is trading above its 200-moving average of $37.60. Register with AAA Research Reports and download research on SGEN for free at:

http://www.AAAResearchReports.com/SGEN112713.pdf

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SOURCE AAA Research Reports

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