In the Canadian markets, MAG Silver Corp (TSX: MAG) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$8.72 and gained 11% Wednesday. Zaio Corp (TSX: ZAO), NexGen Energy Ltd (TSX: NXE), Parkit Enterprise Inc (TSX: PKT), and Sandvine Corp (TSX: SVC) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Sirona Biochem Corp (TSXV: SBM), Bacanora Minerals Ltd (TSXV: BCN), SunOpta Inc (TSX: SOY), Altus Group Ltd/Canada (TSX: AIF), and Uranium Participation Corp (TSX: U).
|
MAG Silver Corp (TSX: MAG)-Technical Chart |
|
|
In the U.S. markets, NephroGenex Inc (NASDAQ: NRX), Tianyin Pharmaceutical Co Inc (NYSE: TPI), NeuroMetrix Inc (NASDAQ: NURO), Neonode Inc (NASDAQ: NEON), and Cutera Inc (NASDAQ: CUTR) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. China Finance Online Co Ltd (NASDAQ: JRJC), GSE Systems Inc (NYSE: GVP), Telephone & Data Systems Inc (NYSE: TDS), Caesars Entertainment Corp (NASDAQ: CZR), and OMNOVA Solutions Inc (NYSE: OMN) witnessed price declines and fell below their 200 DMAs Wednesday.
|
Breakouts – Canada |
||||||||
|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change |
Close |
DMA |
Company |
One-day change |
Close |
DMA |
|
|
30 DMA |
dynaCERT Inc |
20.0% |
0.18 |
0.15 |
Sterling Resources Ltd |
-5.8% |
0.245 |
0.25 |
|
Galway Metals Inc |
13.6% |
0.13 |
0.12 |
Primeline Energy Holdings Inc |
-3.8% |
0.5 |
0.52 |
|
|
Madalena Energy Inc |
13.5% |
0.30 |
0.27 |
North American Palladium Ltd |
-3.1% |
0.155 |
0.16 |
|
|
Scorpio Mining Corp |
11.9% |
0.24 |
0.23 |
Petrowest Corp |
-2.7% |
0.71 |
0.72 |
|
|
Tekmira Pharmaceuticals Corp |
10.3% |
17.77 |
16.55 |
Spectra7 Microsystems Inc |
-2.7% |
0.73 |
0.75 |
|
|
50 DMA |
dynaCERT Inc |
20.0% |
0.18 |
0.16 |
BNK Petroleum Inc |
-6.7% |
0.415 |
0.44 |
|
Madalena Energy Inc |
13.5% |
0.30 |
0.29 |
Spectra7 Microsystems Inc |
-2.7% |
0.73 |
0.75 |
|
|
Scorpio Mining Corp |
11.9% |
0.24 |
0.22 |
Silvercorp Metals Inc |
-1.3% |
1.53 |
1.54 |
|
|
Tekmira Pharmaceuticals Corp |
10.3% |
17.77 |
17.62 |
Redknee Solutions Inc |
-1.1% |
3.74 |
3.76 |
|
|
NexGen Energy Ltd |
7.0% |
0.38 |
0.38 |
Rubicon Minerals Corp |
-0.9% |
1.12 |
1.13 |
|
|
200 DMA |
MAG Silver Corp |
11.0% |
9.52 |
8.72 |
Sirona Biochem Corp |
-4.0% |
0.12 |
0.12 |
|
Zaio Corp |
7.7% |
0.21 |
0.20 |
Bacanora Minerals Ltd |
-2.4% |
0.83 |
0.84 |
|
|
NexGen Energy Ltd |
7.0% |
0.38 |
0.37 |
SunOpta Inc |
-1.5% |
13.76 |
13.93 |
|
|
Parkit Enterprise Inc |
5.8% |
0.55 |
0.53 |
Altus Group Ltd/Canada |
-1.5% |
20.81 |
21.11 |
|
|
Sandvine Corp |
2.5% |
3.27 |
3.25 |
Uranium Participation Corp |
-0.8% |
5.15 |
5.16 |
|
|
Breakouts – U.S. |
||||||||
|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change |
Close |
DMA |
Company |
One-day change |
Close |
DMA |
|
|
30 DMA |
NephroGenex Inc |
187.1% |
13.35 |
4.94 |
LifeLogger Technologies Corp |
-11.8% |
0.6 |
0.61 |
|
Rock Creek Pharmaceuticals Inc |
21.7% |
0.18 |
0.16 |
Key Energy Services Inc |
-10.2% |
1.67 |
1.71 |
|
|
Lime Energy Co |
21.6% |
2.93 |
2.75 |
Cache Inc |
-9.1% |
0.2 |
0.21 |
|
|
MoSys Inc |
16.9% |
1.87 |
1.72 |
Agile Therapeutics Inc |
-8.4% |
6.14 |
6.14 |
|
|
Amedica Corp |
15.1% |
0.80 |
0.78 |
CombiMatrix Corp |
-7.9% |
1.29 |
1.31 |
|
|
50 DMA |
NephroGenex Inc |
187.1% |
13.35 |
4.68 |
Agile Therapeutics Inc |
-8.4% |
6.14 |
6.37 |
|
Lime Energy Co |
21.6% |
2.93 |
2.85 |
CombiMatrix Corp |
-7.9% |
1.29 |
1.35 |
|
|
Athersys Inc |
13.7% |
1.58 |
1.40 |
RadNet Inc |
-7.1% |
8.54 |
8.68 |
|
|
Ocera Therapeutics Inc |
12.0% |
6.37 |
5.97 |
China Nepstar Chain Drugstore Ltd |
-6.0% |
1.58 |
1.63 |
|
|
Smith Micro Software Inc |
7.8% |
0.97 |
0.93 |
NXT-ID Inc |
-4.8% |
2.2 |
2.31 |
|
|
200 DMA |
NephroGenex Inc |
187.1% |
13.35 |
5.39 |
China Finance Online Co Ltd |
-4.3% |
5.32 |
5.41 |
|
Tianyin Pharmaceutical Co Inc |
17.7% |
0.73 |
0.67 |
GSE Systems Inc |
-3.6% |
1.59 |
1.61 |
|
|
NeuroMetrix Inc |
12.1% |
1.95 |
1.87 |
Telephone & Data Systems Inc |
-3.2% |
25.25 |
25.49 |
|
|
Neonode Inc |
9.7% |
3.38 |
3.29 |
Caesars Entertainment Corp |
-2.9% |
15.69 |
15.76 |
|
|
Cutera Inc |
7.2% |
10.68 |
10.14 |
OMNOVA Solutions Inc |
-2.4% |
8.14 |
8.22 |
|
