In the Canadian markets, Silver Bear Resources Inc (TSX: SBR) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.13 and gained 30% Friday. Exall Energy Corp (TSX: EE), Fortuna Silver Mines Inc (TSX: FVI), D-Box Technologies Inc (TSX: DBO), and Mandalay Resources Corp (TSX: MND) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Northstar Healthcare Inc (TSX: NHC), Methanex Corp (TSX: MX), Paramount Resources Ltd (TSX: POU), ShawCor Ltd (TSX: SCL), and Parex Resources Inc (TSX: PXT).
Silver Bear Resources Inc (TSX: SBR) – Technical Chart |
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In the U.S. markets, Hemispherx Biopharma Inc (NYSE: HEB), Lifevantage Corp (NASDAQ: LFVN), AngioDynamics Inc (NASDAQ: ANGO), MEI Pharma Inc (NASDAQ: MEIP), and Virtusa Corp (NASDAQ: VRTU) witnessed strong price gains and breakouts above their 200 DMAs Monday. Lithia Motors Inc (NYSE: LAD), Heat Biologics Inc (NASDAQ: HTBX), Shutterfly Inc (NASDAQ: SFLY), Westmoreland Coal Co (NASDAQ: WLB), and Targa Resources Corp (NYSE: TRGP) witnessed price declines and fell below their 200 DMAs Monday.
Breakouts – Canada |
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DMA |
Bullish |
Bearish |
||||||
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
30 DMA |
Silver Bear Resources Inc |
30.0% |
0.13 |
0.11 |
Poydras Gaming Finance Corp |
-10.5% |
0.17 |
0.18 |
Global Minerals Ltd |
13.3% |
0.17 |
0.17 |
Claude Resources Inc |
-6.2% |
0.225 |
0.24 |
|
Fortuna Silver Mines Inc |
7.5% |
5.02 |
4.85 |
Open Text Corp |
-3.5% |
60.7 |
62.26 |
|
Manitok Energy Inc |
6.4% |
2.15 |
2.10 |
Alacer Gold Corp |
-3.2% |
2.12 |
2.18 |
|
Forsys Metals Corp |
5.3% |
0.30 |
0.29 |
Quebecor Inc |
-3.2% |
27.24 |
28.13 |
|
50 DMA |
Silver Bear Resources Inc |
30.0% |
0.13 |
0.13 |
Poydras Gaming Finance Corp |
-10.5% |
0.17 |
0.18 |
Exall Energy Corp |
14.3% |
0.12 |
0.11 |
Blackbird Energy Inc |
-9.1% |
0.3 |
0.31 |
|
Eastern Platinum Ltd |
4.4% |
0.95 |
0.91 |
Bedrocan Cannabis Corp |
-5.6% |
0.68 |
0.70 |
|
D-Box Technologies Inc |
4.2% |
0.25 |
0.25 |
NuVista Energy Ltd |
-5.0% |
10.12 |
10.59 |
|
GeneNews Ltd |
4.0% |
1.29 |
1.28 |
Terra Firma Capital Corp |
-4.5% |
0.63 |
0.64 |
|
200 DMA |
Silver Bear Resources Inc |
30.0% |
0.13 |
0.13 |
Northstar Healthcare Inc |
-15.8% |
1.12 |
1.17 |
Exall Energy Corp |
14.3% |
0.12 |
0.11 |
Methanex Corp |
-5.4% |
67.06 |
69.53 |
|
Fortuna Silver Mines Inc |
7.5% |
5.02 |
4.77 |
Paramount Resources Ltd |
-5.1% |
53.07 |
53.28 |
|
D-Box Technologies Inc |
4.2% |
0.25 |
0.24 |
ShawCor Ltd |
-4.2% |
50.4 |
50.67 |
|
Mandalay Resources Corp |
2.0% |
1.00 |
0.98 |
Parex Resources Inc |
-4.0% |
10.76 |
11.05 |
Breakouts – U.S. |
||||||||
DMA |
Bullish |
Bearish |
||||||
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
30 DMA |
Doral Financial Corp |
27.6% |
6.75 |
6.40 |
Himax Technologies Inc |
-8.3% |
8.34 |
9.08 |
Alnylam Pharmaceuticals Inc |
19.0% |
86.68 |
74.83 |
Cal-Maine Foods Inc |
-8.1% |
86.37 |
87.54 |
|
Versar Inc |
16.9% |
3.60 |
3.23 |
Herbalife Ltd |
-5.7% |
43.81 |
45.50 |
|
ARCA biopharma Inc |
14.2% |
1.29 |
1.26 |
TC PipeLines LP |
-5.5% |
60.28 |
62.36 |
|
Tiger Media Inc |
13.0% |
0.58 |
0.53 |
Jiayuan.com International Ltd |
-5.3% |
5.21 |
5.34 |
|
50 DMA |
Nanosphere Inc |
88.7% |
1.23 |
0.76 |
ChinaNet Online Holdings Inc |
-18.1% |
1.36 |
1.49 |
Doral Financial Corp |
27.6% |
6.75 |
6.59 |
Heat Biologics Inc |
-15.6% |
5.05 |
5.81 |
|
Versar Inc |
16.9% |
3.60 |
3.25 |
Amicus Therapeutics Inc |
-8.5% |
5.67 |
6.00 |
|
Tiger Media Inc |
13.0% |
0.58 |
0.55 |
Himax Technologies Inc |
-8.3% |
8.34 |
8.51 |
|
Rock Creek Pharmaceuticals Inc |
12.4% |
0.32 |
0.31 |
Save the World Air Inc |
-6.3% |
0.6 |
0.60 |
|
200 DMA |
Hemispherx Biopharma Inc |
11.3% |
0.37 |
0.34 |
Lithia Motors Inc |
-20.8% |
64.01 |
76.02 |
Lifevantage Corp |
7.8% |
1.38 |
1.36 |
Heat Biologics Inc |
-15.6% |
5.05 |
5.96 |
|
AngioDynamics Inc |
5.6% |
15.34 |
14.98 |
Shutterfly Inc |
-11.8% |
41.42 |
45.96 |
|
MEI Pharma Inc |
5.5% |
7.91 |
7.68 |
Westmoreland Coal Co |
-11.3% |
30.54 |
31.64 |
|
Virtusa Corp |
2.2% |
34.66 |
34.63 |
Targa Resources Corp |
-10.4% |
109.01 |
115.87 |
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