Technical Briefing: Pfizer, Merck & Co., AbbVie, and Zogenix

LONDON, July 24, 2013 /PRNewswire/ --

On Tuesday, July 23, 2013, shares in major drug manufacturers ended on a mixed note, tracking the broader market. The major movers in the industry included Pfizer Inc. (NYSE: PFE), Merck & Co. Inc. (NYSE: MRK), AbbVie Inc. (NYSE: ABBV), and Zogenix Inc. (NASDAQ: ZGNX). All these companies are tracked by AAAResearchReports.com. Free technical research reports on PFE, MRK, ABBV, and ZGNX can be accessed by signing up at:

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

Shares in Pfizer Inc. edged higher on Tuesday, extending their gains from previous trading sessions. The company's shares fluctuated between $29.32 and $29.53 before finishing the day 0.24% higher at $29.42. A total of 27.28 million shares were traded which is below the daily average volume of 79.54 million. The stock has gained 3.26% in the last three trading sessions and 3.37% in the last one month as compared to a gain of 0.18% and 6.28% in the S&P 500 during the respective periods. Download free report on PFE upon registration at:

http://www.AAAResearchReports.com/PFE072413.pdf

Merck & Co. Inc.'s stock edged higher on Tuesday, ending the session at $47.93, up 0.44% from its previous closing price. The company's shares fluctuated between $47.54 and $48.22. A total of 9.24 million shares were traded which is below the daily average volume of 15.62 million. The company's shares have gained 1.12% in the last three trading sessions and 1.98% in the last one month. MRK technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/MRK072413.pdf

Shares in AbbVie Inc. moved lower on Tuesday, reversing all of their gains from previous trading sessions. The company's shares fluctuated between $44.23 and $45.09 before finishing the day 1.47% lower at $44.31. A total of 3.54 million shares were traded which is below the daily average volume of 4.61 million. The company's shares have fallen by 0.02% in the last three trading sessions. Despite Tuesday's pullback, the stock is trading above its 50-day and 200-day moving averages. A free report on ABBV can be accessed by registering at:

http://www.AAAResearchReports.com/ABBV072413.pdf

Zogenix Inc.'s stock fell sharply on Tuesday, extending its losses from previous trading sessions. The company's shares ended the day 1.92% lower at $1.53 after oscillating between $1.52 and $1.58. A total of 252,925 shares were traded which is below the daily average volume of 479,069. The company's shares have fallen by 5.56% in the last three trading sessions, underperforming the S&P 500. Register with AAA Research Reports and download research on ZGNX for free at:

http://www.AAAResearchReports.com/ZGNX072413.pdf

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SOURCE AAA Research Reports