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Incyte Corp has the Best Relative Performance in the Biotechnology Industry (INCY , BMRN , ALKS , VRTX , AMGN )

By Nick Russo

We looked at the Biotechnology industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Incyte Corp (NASDAQ:INCY ) ranks first with a gain of 4.37%; Biomarin Pharmac (NASDAQ:BMRN ) ranks second with a gain of 2.94%; and Alkermes Plc (NASDAQ:ALKS ) ranks third with a gain of 2.40%.

Vertex Pharm (NASDAQ:VRTX ) follows with a gain of 1.99% and Amgen Inc (NASDAQ:AMGN ) rounds out the top five with a gain of 1.94%.

SmarTrend is monitoring the recent change of momentum in Vertex Pharm. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Vertex Pharm in search of a potential trend change.

Keywords: relative performance incyte corp biomarin pharmac alkermes plc vertex pharm amgen inc