In the Canadian markets, Sunward Resources Ltd (TSX: SWD) jumped over 25% Monday, breaking the short term 30 DMA long term 200 DMA (Daily Moving Average) of C$0.18 & C$0.22 respectively and closed at C$0.23. Discovery-Corp Enterprises Inc (TSXV: DCY), Radius Gold Inc (TSXV: RDU), Prometic Life Sciences Inc (TSX: PLI), and Bonavista Energy Corp (TSX: BNP) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Luna Gold Corp (TSX: LGC), Arctic Star Exploration Corp (TSXV: ADD), Atna Resources Ltd (TSX: ATN), First Majestic Silver Corp (TSX: FR), and Golden Star Resources Ltd (TSX: GSC).
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Sunward Resources Ltd (TSX: SWD) – Technical Chart |
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In the U.S. markets, Progenics Pharmaceuticals Inc (NASDAQ: PGNX), Bona Film Group Ltd (NASDAQ: BONA), Emerald Oil Inc (NYSE: EOX), Uranerz Energy Corp (NYSE: URZ), and American Superconductor Corp (NASDAQ: AMSC) witnessed strong price gains and breakouts above their 200 DMAs Monday. Riverbed Technology Inc (NASDAQ: RVBD), Ligand Pharmaceuticals Inc (NASDAQ: LGND), China XD Plastics Co Ltd (NASDAQ: CXDC), Cash America International Inc (NYSE: CSH), and Gold Resource Corp (NYSE: GORO) witnessed price declines and fell below their 200 DMAs Monday.
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Breakouts – Canada |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Kaminak Gold Corp |
32.9% |
1.05 |
0.80 |
POET Technologies Inc |
-12.4% |
1.56 |
1.70 |
|
Sunward Resources Ltd |
25.0% |
0.23 |
0.18 |
Cortex Business Solutions Inc |
-7.7% |
0.12 |
0.13 |
|
|
Sutter Gold Mining Inc |
22.2% |
0.11 |
0.10 |
Barkerville Gold Mines Ltd |
-6.3% |
0.37 |
0.39 |
|
|
Radius Gold Inc |
13.6% |
0.13 |
0.12 |
Superior Copper Corp |
-6.3% |
0.15 |
0.15 |
|
|
Mega Precious Metals Inc |
9.1% |
0.12 |
0.11 |
Roxgold Inc |
-6.0% |
0.79 |
0.79 |
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|
50 DMA |
Sutter Gold Mining Inc |
22.2% |
0.11 |
0.11 |
POET Technologies Inc |
-12.4% |
1.56 |
1.68 |
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Discovery-Corp Enterprises Inc |
16.7% |
0.14 |
0.12 |
Questor Technology Inc |
-8.3% |
3.87 |
4.00 |
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Radius Gold Inc |
13.6% |
0.13 |
0.12 |
Pershimco Resources Inc |
-7.9% |
0.35 |
0.37 |
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Mega Precious Metals Inc |
9.1% |
0.12 |
0.12 |
Cortex Business Solutions Inc |
-7.7% |
0.12 |
0.13 |
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Prometic Life Sciences Inc |
6.5% |
1.14 |
1.09 |
Barkerville Gold Mines Ltd |
-6.3% |
0.37 |
0.38 |
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|
200 DMA |
Sunward Resources Ltd |
25.0% |
0.23 |
0.22 |
Luna Gold Corp |
-9.0% |
1.22 |
1.29 |
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Discovery-Corp Enterprises Inc |
16.7% |
0.14 |
0.12 |
Arctic Star Exploration Corp |
-8.3% |
0.11 |
0.11 |
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Radius Gold Inc |
13.6% |
0.13 |
0.12 |
Atna Resources Ltd |
-7.1% |
0.13 |
0.14 |
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Prometic Life Sciences Inc |
6.5% |
1.14 |
1.09 |
First Majestic Silver Corp |
-6.6% |
10.97 |
11.11 |
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Bonavista Energy Corp |
1.5% |
15.08 |
14.96 |
Golden Star Resources Ltd |
-4.7% |
0.61 |
0.61 |
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Breakouts – U.S. |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
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|
30 DMA |
Exelixis Inc |
23.0% |
4.09 |
3.49 |
Ener-Core Inc |
-26.6% |
0.40 |
0.50 |
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Ultrapetrol Bahamas Ltd |
13.9% |
3.28 |
3.08 |
Riverbed Technology Inc |
-8.6% |
18.60 |
20.20 |
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Panhandle Oil and Gas Inc |
12.7% |
60.09 |
57.37 |
Novabay Pharmaceuticals Inc |
-3.9% |
0.86 |
0.87 |
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|
Armco Metals Holdings Inc |
12.6% |
0.27 |
0.25 |
Ascent Solar Technologies Inc |
-3.5% |
0.42 |
0.43 |
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China Metro-Rural Holdings Ltd |
12.5% |
0.99 |
0.91 |
mCig Inc |
-2.9% |
0.50 |
0.50 |
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|
50 DMA |
Exelixis Inc |
23.0% |
4.09 |
3.44 |
Ener-Core Inc |
-26.6% |
0.40 |
0.47 |
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Ultrapetrol Bahamas Ltd |
13.9% |
3.28 |
2.99 |
Quest Resource Holding Corp |
-11.3% |
4.17 |
4.53 |
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Panhandle Oil and Gas Inc |
12.7% |
60.09 |
54.57 |
Riverbed Technology Inc |
-8.6% |
18.60 |
19.97 |
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Armco Metals Holdings Inc |
12.6% |
0.27 |
0.25 |
Ampio Pharmaceuticals Inc |
-4.9% |
7.14 |
7.44 |
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China Metro-Rural Holdings Ltd |
12.5% |
0.99 |
0.91 |
Novabay Pharmaceuticals Inc |
-3.9% |
0.86 |
0.89 |
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|
200 DMA |
Progenics Pharmaceuticals Inc |
8.5% |
4.60 |
4.45 |
Riverbed Technology Inc |
-8.6% |
18.60 |
18.63 |
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Bona Film Group Ltd |
8.0% |
6.62 |
6.14 |
Ligand Pharmaceuticals Inc |
-6.5% |
59.56 |
61.05 |
|
|
Emerald Oil Inc |
6.0% |
7.43 |
7.30 |
China XD Plastics Co Ltd |
-6.5% |
5.91 |
6.06 |
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|
Uranerz Energy Corp |
5.9% |
1.43 |
1.36 |
Cash America International Inc |
-4.3% |
40.78 |
41.20 |
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American Superconductor Corp |
5.5% |
1.72 |
1.70 |
Gold Resource Corp |
-2.6% |
4.90 |
4.95 |
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