Technical Briefing: Boston Scientific, Abbott Laboratories, EnteroMedics, and
LONDON, January 2, 2014
LONDON, January 2, 2014 /PRNewswire/ --
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On Tuesday, December 31, 2013, the U.S. equity market edged higher. The S&P
500 ended the day at 1,848.36, up 0.40%; the Dow Jones Industrial Average
closed at 16,576.66, up 0.44%; and the NASDAQ Composite Index finished at
4,176.59, up 0.54%. The S&P 500 Health Care Sector Index edged 0.06% lower to
close the session at 642.30; and the S&P 500 Health Care Equipment Sub
Industry Index edged 0.07% higher to close at 707.18. The S&P 500 Health Care
Equipment Sub Industry Index has gained 8.82% in the previous three months,
underperforming the S&P 500, which has gained 9.05% during the same period.
The major movers in the health care sector included Boston Scientific
Corp.(NASDAQ: BSX), Abbott Laboratories(NYSE: ABT),EnteroMedics Inc.(NYSE:
ETRM), and Zimmer Holdings Inc. (NASDAQ: ZMH). All these companies are
tracked by AAAResearchReports.com. Download free technical analysis and
charting reports on BSX, ABT, ETRM, and ZMH now at:
Boston Scientific Corp.'s stock vacillated between $11.91 and $12.03 before
closing the day flat at the previous day's closing price of $12.02. A total of
5.61 million shares were traded on Tuesday, which is below the daily average
volume of 12.08 million. The company's shares have gained 3.80% in the
previous one month, outperforming the S&P 500, which has gained 2.36% during
the same period. Furthermore, Boston Scientific Corp.'s shares are trading
above their 50-day and 200-day moving averages of $11.79 and $10.25,
respectively. Download free research on BSX today by registering at:
Shares in Abbott Laboratories edged 0.21% lower on Tuesday, even as the US
equity market posted gains. The company's shares finished the day at $38.33,
after oscillating between $38.22 and $38.57 during the trading session. A
total of 4.59 million shares were traded, which is below the daily average
volume of 6.81 million. Despite Tuesday's decline, the company's shares have
surged 13.47% in the previous three months, outperforming the S&P 500, which
has gained 9.05% during the same period. Moreover, shares in Abbott
Laboratories are trading near their 52-week high of $38.81 and also above
their 50-day and 200-day moving averages of $37.59 and $36.12, respectively.
Sign up and have access to our free report on ABT at:
EnteroMedics Inc.'s stock ended flat on Tuesday at the previous day's closing
price of $2.04, after vacillating between $2.00 and $2.06 during the trading
session. A total of 0.42 million shares were traded, which is below the daily
average volume of 1.66 million. The company's shares have rallied 68.60% in
the previous three months and 53.38% in the last one month, compared to a gain
of 9.05% and 2.36% in the S&P 500 during the respective periods. Further,
EnteroMedics Inc.'s stock is trading above its 50-day and 200-day moving
averages of $1.58 and $1.21, respectively. Sign up and read the complimentary
report on ETRM at:
Shares in Zimmer Holdings Inc. oscillated between $92.88 and $93.65 before
closing the Tuesday's session at $93.19, down 0.01%. A total of 0.65 million
shares were traded, which is below the daily average volume of 1.16 million.
The company's shares have surged 13.08% in the previous three months,
outperforming the S&P 500, which has gained 9.05% during the same period.
Further, Zimmer Holdings Inc.'s shares are trading near their 52-week high of
$93.70 and also above their 50-day and 200-day moving averages of $90.21 and
$82.06, respectively. The free report on ZMH can be downloaded by signing up
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