Top Technical Breakout Stocks: MagIndustries (TSX:MAA) and Argos Therapeutics (NASDAQ:ARGS) Break 200-DMA

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In the Canadian markets, MagIndustries Corp (TSX: MAA) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.19 and gained 11% Tuesday. Golden Valley Mines Ltd/Canada (TSXV: GZZ), Canada Carbon Inc (TSX: CCB), Mood Media Corp (TSX: MM), and Crombie Real Estate Investment Trust (TSX: CRR-U) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in HudBay Minerals Inc (TSX: HBM), Avanti Energy Inc (TSX: AVN), NexGen Energy Ltd (TSX: NXE), Kinross Gold Corp (TSX: K), and Alamos Gold Inc (TSX: AGI).

MagIndustries Corp (TSX: MAA)-Technical Chart

MagIndustries Corp (TSX: MAA)

In the U.S. markets, Argos Therapeutics Inc (NASDAQ: ARGS), Mavenir Systems Inc (NYSE: MVNR), ADTRAN Inc (NASDAQ: ADTN), ESCO Technologies Inc (NYSE: ESE), and Newport Corp (NASDAQ: NEWP) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. ChannelAdvisor Corp (NYSE: ECOM), Uranium Energy Corp (NYSE: UEC), Himax Technologies Inc (NASDAQ: HIMX), Bluerock Residential Growth REIT Inc (NYSE: BRG), and Antares Pharma Inc (NASDAQ: ATRS) witnessed price declines and fell below their 200 DMAs Tuesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Poydras Gaming Finance Corp
(TSX: PYD)

20.0%

0.12

0.12

Capstone Mining Corp
(TSX: CS)

-17.1%

1.6

1.90

Barkerville Gold Mines Ltd
(TSX: BGM)

14.5%

0.32

0.28

BSM Technologies Inc
(TSX: GPS)

-16.7%

1.25

1.42

Chorus Aviation Inc
(TSX: CHR/B)

12.9%

4.89

4.44

Copper Fox Metals Inc
(TSX: CUU)

-14.8%

0.115

0.13

Sirius XM Canada Holdings Inc
(TSX: XSR)

11.4%

6.05

5.74

Calibre Mining Corp
(TSX: CXB)

-13.3%

0.13

0.14

Nemaska Lithium Inc
(TSX: NMX)

6.1%

0.18

0.17

HudBay Minerals Inc
(TSX: HBM)

-11.8%

8.89

9.33

50 DMA

Sernova Corp
(TSX: SVA)

16.1%

0.18

0.16

BSM Technologies Inc
(TSX: GPS)

-16.7%

1.25

1.42

Theralase Technologies Inc
(TSX: TLT)

14.0%

0.49

0.44

Alderon Iron Ore Corp
(TSX: ADV)

-14.8%

0.375

0.39

Chorus Aviation Inc
(TSX: CHR/B)

12.9%

4.89

4.48

Calibre Mining Corp
(TSX: CXB)

-13.3%

0.13

0.13

Sirius XM Canada Holdings Inc
(TSX: XSR)

11.4%

6.05

5.62

HudBay Minerals Inc
(TSX: HBM)

-11.8%

8.89

9.11

Corus Entertainment Inc
(TSX: CJR/B)

7.0%

22.49

21.99

Constantine Metal Resources Ltd
(TSX: CEM)

-10.0%

0.135

0.15

200 DMA

MagIndustries Corp
(TSX: MAA)

11.1%

0.20

0.19

HudBay Minerals Inc
(TSX: HBM)

-11.8%

8.89

9.75

Golden Valley Mines Ltd/Canada
(TSXV: GZZ)

11.1%

0.15

0.14

Avanti Energy Inc
(TSX: AVN)

-11.6%

0.305

0.33

Canada Carbon Inc
(TSX: CCB)

5.0%

0.21

0.20

NexGen Energy Ltd
(TSX: NXE)

-9.5%

0.335

0.36

Mood Media Corp
(TSX: MM)

1.9%

0.55

0.55

Kinross Gold Corp
(TSX: K)

-8.0%

3.81

3.97

Crombie Real Estate Investment Trust
(TSX: CRR-U)

1.1%

13.20

13.18

Alamos Gold Inc
(TSX: AGI)

-7.4%

9.1

9.53

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Lilis Energy Inc
(NASDAQ: LLEX)

66.7%

1.00

0.82

ChannelAdvisor Corp
(NYSE: ECOM)

-53.5%

9.83

20.03

Metalico Inc
(NYSE: MEA)

50.3%

0.39

0.35

KB Home
(NYSE: KBH)

-16.3%

13.87

16.08

Intersect ENT Inc
(NASDAQ: XENT)

22.3%

23.04

19.38

LifeLogger Technologies Corp
(OTC BB: LOGG)

-15.0%

0.544

0.63

RadioShack Corp
(NYSE: RSH)

20.3%

0.47

0.45

ZaZa Energy Corp
(NASDAQ: ZAZA)

-14.0%

2.09

2.23

bebe stores inc
(NASDAQ: BEBE)

20.2%

2.98

2.54

Fresh Market Inc/The
(NASDAQ: TFM)

-11.4%

36.16

40.30

50 DMA

MagneGas Corp
(NASDAQ: MNGA)

20.6%

0.85

0.76

ChannelAdvisor Corp
(NYSE: ECOM)

-53.5%

9.83

18.76

bebe stores inc
(NASDAQ: BEBE)

20.2%

2.98

2.54

KB Home
(NYSE: KBH)

-16.3%

13.87

16.40

Radio One Inc
(NASDAQ: ROIAK)

19.5%

1.78

1.77

LifeLogger Technologies Corp
(OTC BB: LOGG)

-15.0%

0.544

0.57

Emisphere Technologies Inc
(OTC BB: EMIS)

15.2%

0.38

0.35

TOP Ships Inc
(NASDAQ: TOPS)

-14.1%

1.28

1.39

SANUWAVE Health Inc
(OTC BB: SNWV)

15.0%

0.13

0.12

Fresh Market Inc/The
(NASDAQ: TFM)

-11.4%

36.16

39.82

200 DMA

Argos Therapeutics Inc
(NASDAQ: ARGS)

10.1%

8.49

8.39

ChannelAdvisor Corp
(NYSE: ECOM)

-53.5%

9.83

20.53

Mavenir Systems Inc
(NYSE: MVNR)

7.7%

13.82

13.09

Uranium Energy Corp
(NYSE: UEC)

-12.1%

1.31

1.48

ADTRAN Inc
(NASDAQ: ADTN)

5.1%

22.22

21.84

Himax Technologies Inc
(NASDAQ: HIMX)

-7.3%

7.37

7.84

ESCO Technologies Inc
(NYSE: ESE)

4.6%

36.52

34.96

Bluerock Residential Growth REIT Inc
(NYSE: BRG)

-6.2%

12.62

13.05

Newport Corp
(NASDAQ: NEWP)

4.6%

18.82

18.30

Antares Pharma Inc
(NASDAQ: ATRS)

-5.7%

2.46

2.49

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