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Next week many biotech companies report their Q2 earnings. Here we offer an interesting way to find those companies that have recently outperformed in a persistent way, possibly indicating that the market anticipates a good report.

Here we screened for those reporting biotech companies that have seen a persistence of days in which the stock beat the S&P 500 benchmark over the last month and little persistence in underperforming the S&P 500, i.e. long winning streaks and short losing streaks, as measured by a ratio of the longest winning streak to the longest losing streak. The screen produced 4 stocks with bullish persistence, listed below.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

(Click to enlarge)

Do you think these companies will release positive reports? Use this list as a starting-off point for your own analysis.

List sorted by win streak/lost streak ratio.

1. Ariad Pharmaceuticals Inc. (ARIA): Biotechnology Industry. Market cap of $1.57B. Earnings to be released on 08/02. The stock's longest winning streak over the last month was 5 days, while the longest losing streak was 1 day, or a win streak/lose streak ratio of 5. It's been a rough couple of days for the stock, losing 8.4% over the last week.

2. NPS Pharmaceuticals, Inc. (NPSP): Biotechnology Industry. Market cap of $828.18M. Earnings to be released on 08/01. The stock's longest winning streak over the last month was 5 days, while the longest losing streak was 2 days, or a win streak/lose streak ratio of 2.5. The stock is a short squeeze candidate, with a short float at 5.17% (equivalent to 5.93 days of average volume). The stock has gained 41.83% over the last year.

3. Immunogen Inc. (IMGN): Biotechnology Industry. Market cap of $923.58M. Earnings to be released on 08/04. The stock's longest winning streak over the last month was 8 days, while the longest losing streak was 4 days, or a win streak/lose streak ratio of 2. The stock is a short squeeze candidate, with a short float at 9.5% (equivalent to 8.92 days of average volume). It's been a rough couple of days for the stock, losing 11.47% over the last week. The stock has had a good month, gaining 11.12%.

4. Alnylam Pharmaceuticals, Inc. (ALNY): Biotechnology Industry. Market cap of $400.35M. Earnings to be released on 08/01. The stock's longest winning streak over the last month was 6 days, while the longest losing streak was 3 days, or a win streak/lose streak ratio of 2. The stock is a short squeeze candidate, with a short float at 10.96% (equivalent to 17.71 days of average volume). It's been a rough couple of days for the stock, losing 6.72% over the last week.

*Price data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 4 Biotech Companies Reporting Earnings Next Week With Recent Winning Streaks