In the Canadian markets, Raise Production Inc (TSXV: RPC) gained 7% Thursday, piercing the long term 200 DMA (Daily Moving Average) of C$1.83. Ucore Rare Metals Inc (TSXV: UCU), H2O Innovation Inc (TSXV: HEO), DragonWave Inc (TSX: DWI), and Hardwoods Distribution Inc (TSX: HWD) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in NXT Energy Solutions Inc (TSXV: NXT), Naturally Splendid Enterprises Ltd (TSXV: NSP), Red Eagle Mining Corp (TSXV: RD), Corus Entertainment Inc (TSX: CJR/B), and Crombie Real Estate Investment Trust (TSX: CRR-U).
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Raise Production Inc (TSXV: RPC) – Technical Chart |
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In the U.S. markets, SGOCO Group Ltd (NASDAQ: SGOC), On Track Innovations Ltd (NASDAQ: OTIV), 22nd Century Group Inc (NYSE: XXII), Ballantyne Strong Inc (NYSE: BTN), and Express Inc (NYSE: EXPR) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Aspen Group Inc/CO (OTC BB: ASPU), Violin Memory Inc (NYSE: VMEM), Iao Kun Group Holding Co Ltd (NASDAQ: IKGH), QIWI plc (NASDAQ: QIWI), and XenoPort Inc (NASDAQ: XNPT) witnessed price declines and fell below their 200 DMAs Thursday.
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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 |
Flyht Aerospace Solutions Ltd |
20.0% |
0.42 |
0.37 |
PRD Energy Inc |
-5.6% |
0.85 |
0.88 |
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US Silver & Gold Inc |
12.2% |
0.55 |
0.54 |
Marquee Energy Ltd |
-5.0% |
1.13 |
1.14 |
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Mason Graphite Inc |
9.7% |
0.79 |
0.78 |
Komet Resources Inc |
-5.0% |
0.48 |
0.48 |
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biOasis Technologies Inc |
9.6% |
1.14 |
1.04 |
Canadian Western Bank |
-3.9% |
41.00 |
41.54 |
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Terraco Gold Corp |
8.6% |
0.19 |
0.19 |
Taipan Resources Inc |
-3.8% |
0.39 |
0.40 |
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50 DMA |
Flyht Aerospace Solutions Ltd |
20.0% |
0.42 |
0.36 |
Falco Pacific Resource Group I |
-7.7% |
0.60 |
0.61 |
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Sprylogics International Corp |
12.8% |
0.27 |
0.25 |
UrtheCast Corp |
-6.2% |
1.21 |
1.26 |
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US Silver & Gold Inc |
12.2% |
0.55 |
0.54 |
Marquee Energy Ltd |
-5.0% |
1.13 |
1.18 |
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Mason Graphite Inc |
9.7% |
0.79 |
0.72 |
Athabasca Minerals Inc |
-4.4% |
2.58 |
2.66 |
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biOasis Technologies Inc |
9.6% |
1.14 |
1.11 |
NeuLion Inc |
-4.3% |
1.10 |
1.12 |
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|
200 DMA |
Raise Production Inc |
6.8% |
1.89 |
1.83 |
NXT Energy Solutions Inc |
-6.9% |
1.35 |
1.44 |
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Ucore Rare Metals Inc |
6.7% |
0.32 |
0.31 |
Naturally Splendid Enterprises Ltd |
-4.0% |
0.24 |
0.25 |
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H2O Innovation Inc |
6.3% |
0.34 |
0.34 |
Red Eagle Mining Corp |
-3.6% |
0.27 |
0.27 |
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DragonWave Inc |
5.1% |
1.64 |
1.59 |
Corus Entertainment Inc |
-1.9% |
24.44 |
24.74 |
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Hardwoods Distribution Inc |
0.8% |
10.43 |
10.39 |
Crombie Real Estate Investment Trust (TSX: CRR-U) |
-0.5% |
13.31 |
13.36 |
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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 |
SGOCO Group Ltd |
76.4% |
2.84 |
1.70 |
Frontline Ltd/Bermuda |
-12.8% |
2.25 |
2.50 |
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Lilis Energy Inc |
29.9% |
1.52 |
1.50 |
NetSol Technologies Inc |
-10.3% |
3.48 |
3.58 |
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Lucas Energy Inc |
15.1% |
0.61 |
0.53 |
Violin Memory Inc |
-10.3% |
3.76 |
3.86 |
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Max Sound Corp |
14.7% |
0.20 |
0.17 |
Bio-Reference Labs Inc |
-9.2% |
29.60 |
31.55 |
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Vantage Health |
12.9% |
0.14 |
0.14 |
Destination XL Group Inc |
-6.2% |
4.97 |
5.23 |
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50 DMA |
SGOCO Group Ltd |
76.4% |
2.84 |
1.82 |
NetSol Technologies Inc |
-10.3% |
3.48 |
3.72 |
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Lucas Energy Inc |
15.1% |
0.61 |
0.56 |
Violin Memory Inc |
-10.3% |
3.76 |
4.01 |
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22nd Century Group Inc |
12.6% |
3.03 |
2.91 |
Gordmans Stores Inc |
-9.3% |
3.59 |
3.75 |
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OncoMed Pharmaceuticals Inc |
9.9% |
21.58 |
21.35 |
Bio-Reference Labs Inc |
-9.2% |
29.60 |
31.06 |
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Concurrent Computer Corp |
8.1% |
7.49 |
7.39 |
FreeSeas Inc |
-6.2% |
0.61 |
0.63 |
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200 DMA |
SGOCO Group Ltd |
76.4% |
2.84 |
2.78 |
Aspen Group Inc/CO |
-10.6% |
0.16 |
0.17 |
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On Track Innovations Ltd |
23.4% |
2.85 |
2.73 |
Violin Memory Inc |
-10.3% |
3.76 |
3.93 |
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22nd Century Group Inc |
12.6% |
3.03 |
2.75 |
Iao Kun Group Holding Co Ltd |
-7.2% |
2.91 |
3.10 |
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Ballantyne Strong Inc |
7.4% |
4.49 |
4.44 |
QIWI plc |
-6.0% |
38.18 |
40.29 |
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Express Inc |
3.3% |
16.99 |
16.91 |
XenoPort Inc |
-5.4% |
4.89 |
5.04 |
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