In the Canadian markets, Spectra7 Microsystems Inc (TSXV: SEV), broke its long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.46 and gained 28% Wednesday. Foran Mining Corp (TSX: FOM), Advantage Oil & Gas Ltd (TSX: AAV), Gold Standard Ventures Corp (TSX: GSV), and Crew Energy Inc (TSX: CR) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Ginguro Exploration Inc (TSX: GEG), Petroamerica Oil Corp (TSX: PTA), Axia NetMedia Corp (TSX: AXX), Guyana Goldfields Inc (TSX: GUY), and IBC Advanced Alloys Corp (TSX: IB).
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Spectra7 Microsystems Inc (TSXV: SEV) – Technical Chart |
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In the U.S. markets, Acorda Therapeutics Inc (NASDAQ: ACOR), Electromed Inc (NYSE: ELMD), China Advanced Construction Materials Group Inc (NASDAQ: CADC), Green Dot Corp (NYSE: GDOT), and BioCryst Pharmaceuticals Inc (NASDAQ: BCRX) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. AAR Corp (NYSE: AIR), Net Element Inc (NASDAQ: NETE), Seadrill Partners LLC (NYSE: SDLP), Envision Healthcare Holdings Inc (NYSE: EVHC), and Invesco Mortgage Capital Inc (NYSE: IVR) witnessed price declines and fell below their 200 DMAs Wednesday.
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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 |
Sprylogics International Corp |
25.6% |
0.25 |
0.21 |
ISIS Lab Corp |
-5.4% |
0.35 |
0.35 |
|
Strategic Oil & Gas Ltd |
15.6% |
0.45 |
0.41 |
Axia NetMedia Corp |
-4.2% |
2.53 |
2.57 |
|
|
Foran Mining Corp |
11.1% |
0.20 |
0.19 |
Premier Gold Mines Ltd |
-4.1% |
2.78 |
2.79 |
|
|
Cynapsus Therapeutics Inc |
8.8% |
0.62 |
0.61 |
Centric Health Corp |
-3.6% |
0.4 |
0.41 |
|
|
Concordia Healthcare Corp |
6.2% |
35.95 |
35.03 |
Graphite One Resources Inc |
-3.4% |
0.14 |
0.14 |
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|
50 DMA |
Sprylogics International Corp |
25.6% |
0.25 |
0.22 |
NioCorp Developments Ltd |
-7.1% |
0.65 |
0.67 |
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Strategic Oil & Gas Ltd |
15.6% |
0.45 |
0.42 |
Contact Exploration Inc |
-4.3% |
0.45 |
0.47 |
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|
Foran Mining Corp |
11.1% |
0.20 |
0.18 |
Axia NetMedia Corp |
-4.2% |
2.53 |
2.61 |
|
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Concordia Healthcare Corp |
6.2% |
35.95 |
35.31 |
Nesscap Energy Inc |
-4.2% |
0.115 |
0.12 |
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Titanium Corp Inc |
5.5% |
1.73 |
1.72 |
Premier Gold Mines Ltd |
-4.1% |
2.78 |
2.88 |
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|
200 DMA |
Spectra7 Microsystems Inc |
28.2% |
0.50 |
0.46 |
Ginguro Exploration Inc |
-7.7% |
0.18 |
0.19 |
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Foran Mining Corp |
11.1% |
0.20 |
0.20 |
Petroamerica Oil Corp |
-7.1% |
0.325 |
0.33 |
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Advantage Oil & Gas Ltd |
6.0% |
5.83 |
5.71 |
Axia NetMedia Corp |
-4.2% |
2.53 |
2.63 |
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Gold Standard Ventures Corp |
2.9% |
0.72 |
0.71 |
Guyana Goldfields Inc |
-3.4% |
2.59 |
2.60 |
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Crew Energy Inc |
2.8% |
9.60 |
9.36 |
IBC Advanced Alloys Corp |
-2.8% |
0.175 |
0.18 |
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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 |
China Recycling Energy Corp |
29.8% |
1.57 |
1.37 |
AAR Corp |
-11.8% |
24.71 |
27.53 |
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Acorda Therapeutics Inc |
28.2% |
37.62 |
31.44 |
Gladstone Land Corp |
-8.8% |
11.67 |
12.65 |
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Electromed Inc |
27.3% |
1.77 |
1.43 |
RELM Wireless Corp |
-7.3% |
4.95 |
5.02 |
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China Advanced Construction Materials Group Inc |
25.4% |
4.98 |
4.36 |
SinoCoking Coal and Coke Chemical Industries Inc |
-7.1% |
3.64 |
3.70 |
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Green Dot Corp |
24.4% |
23.41 |
18.93 |
Arch Therapeutics Inc |
-6.7% |
0.1726 |
0.18 |
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|
50 DMA |
China Recycling Energy Corp |
29.8% |
1.57 |
1.40 |
AAR Corp |
-11.8% |
24.71 |
27.41 |
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Acorda Therapeutics Inc |
28.2% |
37.62 |
30.75 |
Skechers U.S.A. Inc |
-9.8% |
52.4 |
56.59 |
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Electromed Inc |
27.3% |
1.77 |
1.44 |
Gladstone Land Corp |
-8.8% |
11.67 |
12.50 |
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China Advanced Construction Materials Group Inc |
25.4% |
4.98 |
4.34 |
Ocean Power Technologies Inc |
-4.7% |
1.22 |
1.26 |
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Ocean Bio-Chem Inc |
17.9% |
3.57 |
3.09 |
Envision Healthcare Holdings |
-4.4% |
34.22 |
35.54 |
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|
200 DMA |
Acorda Therapeutics Inc |
28.2% |
37.62 |
32.66 |
AAR Corp |
-11.8% |
24.71 |
27.21 |
|
Electromed Inc |
27.3% |
1.77 |
1.47 |
Net Element Inc |
-8.3% |
2.55 |
2.74 |
|
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China Advanced Construction Materials Group Inc |
25.4% |
4.98 |
4.92 |
Seadrill Partners LLC |
-4.4% |
30.62 |
31.74 |
|
|
Green Dot Corp |
24.4% |
23.41 |
20.05 |
Envision Healthcare Holdings |
-4.4% |
34.22 |
34.34 |
|
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BioCryst Pharmaceuticals Inc |
10.5% |
11.29 |
10.57 |
Invesco Mortgage Capital Inc |
-3.6% |
16.08 |
16.68 |
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