In the Canadian markets, El Tigre Silver Corp (TSXV: ELS) jumped 80% Wednesday, breaking all the key technical resistance levels of 30-day, 50-day and 200-day DMAs (Daily Moving Average) of C$0.16, C$0.17 and C$0.19 respectively. Northcliff Resources Ltd (TSX: NCF), Wi-Lan Inc (TSX: WIN), Excelsior Mining Corp (TSXV: MIN), and Enterprise Group Inc (TSX: E) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Penn West Petroleum Ltd (TSX: PWT), Tirex Resources Ltd (TSXV: TXX), Logan International Inc (TSX: LII), Abattis Bioceuticals Corp (CNSX: ATT), and Black Diamond Group Ltd (TSX: BDI).
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El Tigre Silver Corp (TSXV: ELS) – Technical Chart |
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In the U.S. markets, GFI Group Inc (NYSE: GFIG), Zeltiq Aesthetics Inc (NASDAQ: ZLTQ), Inphi Corp (NYSE: IPHI), XPO Logistics Inc (NYSE: XPO), and Calix Inc (NYSE: CALX) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Merit Medical Systems Inc (NASDAQ: MMSI), Ruby Tuesday Inc (NYSE: RT), Nutrisystem Inc (NASDAQ: NTRI), Regal-Beloit Corp (NYSE: RBC), and Huron Consulting Group Inc (NASDAQ: HURN) 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 |
El Tigre Silver Corp |
80.0% |
0.27 |
0.16 |
SouthGobi Resources Ltd |
-15.2% |
0.56 |
0.65 |
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Tekmira Pharmaceuticals Corp |
15.4% |
13.85 |
12.31 |
Prosper Gold Corp |
-12.5% |
0.35 |
0.40 |
|
|
Merus Labs International Inc |
11.8% |
2.56 |
2.36 |
Centerra Gold Inc |
-8.5% |
5.78 |
6.14 |
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Avanti Energy Inc |
10.7% |
0.31 |
0.29 |
OceanaGold Corp |
-6.4% |
3.23 |
3.36 |
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Pinecrest Energy Inc |
10.0% |
0.11 |
0.10 |
Logan International Inc |
-6.3% |
6.50 |
6.54 |
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|
50 DMA |
El Tigre Silver Corp |
80.0% |
0.27 |
0.17 |
Alexco Resource Corp |
-18.4% |
1.11 |
1.30 |
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Tekmira Pharmaceuticals Corp |
15.4% |
13.85 |
12.95 |
SouthGobi Resources Ltd |
-15.2% |
0.56 |
0.64 |
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Avanti Energy Inc |
10.7% |
0.31 |
0.31 |
PyroGenesis Canada Inc |
-9.4% |
0.58 |
0.63 |
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Rockhaven Resources Ltd |
9.5% |
0.23 |
0.22 |
Ginguro Exploration Inc |
-9.3% |
0.20 |
0.20 |
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Eco Oro Minerals Corp |
8.0% |
0.27 |
0.26 |
Detour Gold Corp |
-6.4% |
12.45 |
13.06 |
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|
200 DMA |
El Tigre Silver Corp |
80.0% |
0.27 |
0.19 |
Penn West Petroleum Ltd |
-13.8% |
8.57 |
9.62 |
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Northcliff Resources Ltd |
8.7% |
0.25 |
0.24 |
Tirex Resources Ltd |
-6.5% |
0.29 |
0.30 |
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Wi-Lan Inc |
4.8% |
3.51 |
3.41 |
Logan International Inc |
-6.3% |
6.50 |
6.72 |
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Excelsior Mining Corp |
4.3% |
0.25 |
0.24 |
Abattis Bioceuticals Corp |
-5.4% |
0.53 |
0.56 |
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Enterprise Group Inc |
2.2% |
0.92 |
0.92 |
Black Diamond Group Ltd |
-4.7% |
30.50 |
31.18 |
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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 |
GFI Group Inc |
43.7% |
4.47 |
3.26 |
Energous Corp |
-14.6% |
11.52 |
13.40 |
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Rubicon Project Inc/The |
27.3% |
13.01 |
11.77 |
United Insurance Holdings Corp |
-14.2% |
15.00 |
16.76 |
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Inphi Corp |
24.1% |
15.87 |
14.33 |
Buffalo Wild Wings Inc |
-13.1% |
145.17 |
158.97 |
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XPO Logistics Inc |
18.9% |
30.96 |
27.62 |
Nutrisystem Inc |
-11.6% |
15.86 |
17.48 |
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RingCentral Inc |
18.9% |
15.10 |
14.50 |
EveryWare Global Inc |
-10.9% |
1.88 |
2.09 |
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50 DMA |
GFI Group Inc |
43.7% |
4.47 |
3.32 |
Energous Corp |
-14.6% |
11.52 |
12.71 |
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Rubicon Project Inc/The |
27.3% |
13.01 |
12.05 |
United Insurance Holdings Corp |
-14.2% |
15.00 |
17.22 |
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Inphi Corp |
24.1% |
15.87 |
14.64 |
Merit Medical Systems Inc |
-13.2% |
12.79 |
14.49 |
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XPO Logistics Inc |
18.9% |
30.96 |
26.90 |
Buffalo Wild Wings Inc |
-13.1% |
145.17 |
154.53 |
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RingCentral Inc |
18.9% |
15.10 |
13.78 |
Nutrisystem Inc |
-11.6% |
15.86 |
17.09 |
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200 DMA |
GFI Group Inc |
43.7% |
4.47 |
3.61 |
Merit Medical Systems Inc |
-13.2% |
12.79 |
14.74 |
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Zeltiq Aesthetics Inc |
28.6% |
21.34 |
17.14 |
Ruby Tuesday Inc |
-13.2% |
6.17 |
6.63 |
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Inphi Corp |
24.1% |
15.87 |
13.83 |
Nutrisystem Inc |
-11.6% |
15.86 |
16.47 |
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XPO Logistics Inc |
18.9% |
30.96 |
26.21 |
Regal-Beloit Corp |
-7.3% |
70.90 |
74.51 |
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Calix Inc |
15.7% |
9.50 |
8.87 |
Huron Consulting Group Inc |
-5.4% |
62.36 |
63.94 |
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