Technical Breakouts to Watch for April 02, 2014 (TSX: MRE) (NASDAQ: BCPC)

Published:

In the Canadian markets, Martinrea International Inc (TSX: MRE) gained 8% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$10.33. Ivernia Inc (TSX: IVW), Gold Canyon Resources Inc (TSXV: GCU), Brookfield Property Partners LP (TSX: BPY-U), and Absolute Software Corp (TSX: ABT) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Pivotal Therapeutics Inc (CNSX: PVO), Orosur Mining Inc (TSX: OMI), Pivot Technology Solutions Inc (TSXV: PTG), Equity Financial Holdings Inc (TSX: EQI), and Redhawk Resources Inc/Canada (TSX: RDK).

Martinrea International Inc (TSX: MRE) – Technical Chart

Martinrea International Inc (TSX: MRE)

In the U.S. markets, Balchem Corp (NASDAQ: BCPC), China Sunergy Co Ltd (NASDAQ: CSUN), EPAM Systems Inc (NYSE: EPAM), QIWI plc (NASDAQ: QIWI), and Uranium Resources Inc (NASDAQ: URRE) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Regulus Therapeutics Inc (NASDAQ: RGLS), Hugoton Royalty Trust (NYSE: HGT), Axis Capital Holdings Ltd (NYSE: AXS), Fly Leasing Ltd (NYSE: FLY), and Northern Oil and Gas Inc (NYSE: NOG) 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

Mega Uranium Ltd
(TSX: MGA)

27.7%

0.30

0.26

Anderson Energy Ltd
(TSX: AXL)

-12.5%

0.21

0.24

MGM Energy Corp
(TSX: MGX)

9.7%

0.17

0.16

Pivotal Therapeutics Inc
(CNSX: PVO)

-10.5%

0.17

0.19

Denison Mines Corp
(TSX: DML)

8.6%

1.77

1.71

Rathdowney Resources Ltd
(TSXV: RTH)

-9.1%

0.25

0.27

Pinecrest Energy Inc
(TSXV: PRY)

7.9%

0.21

0.19

VMS Ventures Inc
(TSXV: VMS)

-6.9%

0.27

0.27

Input Capital Corp
(TSXV: INP)

6.8%

2.35

2.32

Centric Health Corp
(TSX: CHH)

-6.1%

0.31

0.33

50 DMA

Veris Gold Corp
(TSX: VG)

24.1%

0.34

0.33

Pivotal Therapeutics Inc
(CNSX: PVO)

-10.5%

0.17

0.18

Marlin Gold Mining Ltd
(TSXV: MLN)

13.6%

0.13

0.12

Barisan Gold Corp
(TSXV: BG)

-9.3%

0.195

0.21

Lion One Metals Ltd
(TSXV: LIO)

12.5%

0.36

0.34

Claude Resources Inc
(TSX: CRJ)

-4.9%

0.195

0.20

Pinecrest Energy Inc
(TSXV: PRY)

7.9%

0.21

0.19

Roxgold Inc
(TSXV: ROG)

-4.7%

0.61

0.63

Ur-Energy Inc
(TSX: URE)

7.6%

1.84

1.72

Contact Exploration Inc
(TSXV: CEX)

-4.2%

0.34

0.34

200 DMA

Martinrea International Inc
(TSX: MRE)

8.3%

10.80

10.33

Pivotal Therapeutics Inc
(CNSX: PVO)

-10.5%

0.17

0.18

Ivernia Inc
(TSX: IVW)

8.0%

0.14

0.13

Orosur Mining Inc
(TSX: OMI)

-9.6%

0.235

0.24

Gold Canyon Resources Inc
(TSXV: GCU)

5.1%

0.31

0.30

Pivot Technology Solutions Inc
(TSXV: PTG)

-8.6%

0.16

0.17

Brookfield Property Partners LP
(TSX: BPY-U)

1.7%

20.92

20.86

Equity Financial Holdings Inc
(TSX: EQI)

-4.2%

10.9

11.20

Absolute Software Corp
(TSX: ABT)

0.7%

7.08

7.07

Redhawk Resources Inc/Canada
(TSX: RDK)

-3.5%

0.275

0.28

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Balchem Corp
(NASDAQ: BCPC)

22.8%

63.98

53.07

CUI Global Inc
(NASDAQ: CUI)

-15.1%

9.34

9.61

Amyris Inc
(NASDAQ: AMRS)

19.0%

4.44

4.13

JGWPT Holdings Inc
(NYSE: JGW)

-12.3%

16.01

18.13

China BAK Battery Inc
(NASDAQ: CBAK)

17.3%

3.52

3.35

James River Coal Co
(NASDAQ: JRCC)

-9.3%

0.6801

0.74

Gastar Exploration Inc
(NYSE: GST)

11.3%

6.09

5.99

xG Technology Inc
(NASDAQ: XGTI)

-7.3%

2.54

2.58

EPAM Systems Inc
(NYSE: EPAM)

10.5%

36.37

36.17

Saratoga Resources Inc
(NYSE: SARA)

-5.9%

1.27

1.33

50 DMA

Balchem Corp
(NASDAQ: BCPC)

22.8%

63.98

53.12

Clean Diesel Technologies Inc
(NASDAQ: CDTI)

-15.5%

3.21

3.30

Amyris Inc
(NASDAQ: AMRS)

19.0%

4.44

4.09

JGWPT Holdings Inc
(NYSE: JGW)

-12.3%

16.01

17.54

Sungy Mobile Ltd
(NASDAQ: GOMO)

18.3%

24.74

24.73

Galectin Therapeutics Inc
(NASDAQ: GALT)

-11.3%

13.58

14.98

Rubicon Technology Inc
(NASDAQ: RBCN)

15.0%

12.98

12.15

Genco Shipping & Trading Ltd
(NYSE: GNK)

-8.5%

1.61

1.76

JinkoSolar Holding Co Ltd
(NYSE: JKS)

11.8%

31.24

30.91

Propell Technologies Group Inc
(OTC BB: PROP)

-6.3%

0.253

0.25

200 DMA

Balchem Corp
(NASDAQ: BCPC)

22.8%

63.98

52.81

Regulus Therapeutics Inc
(NASDAQ: RGLS)

-4.8%

8.59

8.79

China Sunergy Co Ltd
(NASDAQ: CSUN)

12.5%

4.85

4.80

Hugoton Royalty Trust
(NYSE: HGT)

-2.6%

7.86

8.04

EPAM Systems Inc
(NYSE: EPAM)

10.5%

36.37

34.40

Axis Capital Holdings Ltd
(NYSE: AXS)

-1.3%

45.26

45.41

QIWI plc
(NASDAQ: QIWI)

9.2%

37.84

37.39

Fly Leasing Ltd
(NYSE: FLY)

-1.3%

14.81

14.86

Uranium Resources Inc
(NASDAQ: URRE)

8.7%

3.00

2.96

Northern Oil and Gas Inc
(NYSE: NOG)

-1.1%

14.46

14.50

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