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Interested in momentum trading strategies? Here are some ideas to get you started on your search.

The concept of "technical momentum" implies that upside momentum may persist as more investors hear and agree with the market's positive sentiment about a stock.

In the search for companies that have outperformed in a persistent way, we ran a screen on the biotech industry for stocks 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.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the six 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.

Do you think these stocks will continue on their winning streaks? Use this list as a starting point for your own analysis.

List sorted by win streak/lose streak ratio.

1. Dendreon Corp. (NASDAQ:DNDN): Engages in the discovery, development, and commercialization of therapeutics to enhance cancer treatment options for patients. Market cap of $2.09B. The stock's longest winning streak over the last month was 4 days, while the longest losing streak was 1 day, or a win streak/lose streak ratio of 4.0. The stock has had a couple of great days, gaining 9.2% over the last week.

2. PROLOR Biotech, Inc. (NYSEMKT:PBTH): Engages in the development of proprietary versions of already-approved therapeutic proteins. Market cap of $345.24M. The stock's longest winning streak over the last month was 7 days, while the longest losing streak was 3 days, or a win streak/lose streak ratio of 2.33. The stock has had a couple of great days, gaining 18.32% over the last week.

3. Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX): Focuses on the discovery and development of drug candidates for the treatment of various human diseases. Market cap of $550.24M. 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 2.50. The stock has had a couple of great days, gaining 28.35% over the last week.

4. Illumina Inc. (NASDAQ:ILMN): Develops, manufactures, and markets integrated systems for the analysis of genetic variation and biological function. Market cap of $4.41B. 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 2.50. The stock is a short squeeze candidate, with a short float at 17.72% (equivalent to 7.53 days of average volume). The stock has had a couple of great days, gaining 9.97% over the last week.

5. Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY): Focuses on the discovery, development, and commercialization of novel therapeutics based on RNA interference (RNAi). Market cap of $440.12M. 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 2.50. The stock is a short squeeze candidate, with a short float at 9.98% (equivalent to 10.91 days of average volume). The stock has had a couple of great days, gaining 14.44% over the last week.

6. Micromet, Inc. (NASDAQ:MITI): Engages in the discovery, development, and commercialization of antibodies for the treatment of cancer, inflammation, and autoimmune diseases. Market cap of $817.49M. The stock's longest winning streak over the last month was 7 days, while the longest losing streak was 2 days, or a win streak/lose streak ratio of 3.50. The stock is a short squeeze candidate, with a short float at 8.28% (equivalent to 12.78 days of average volume). The stock has had a good month, gaining 29.07%.

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

Source: 6 Biotech Stocks On Impressive Winning Streaks