In the Canadian markets, Stans Energy Corp (TSXV: HRE) gained 75% Thursday, closing well above the long term 200 DMA (Daily Moving Average) of C$0.10. Tembec Inc (TSX: TMB), Macro Enterprises Inc (TSXV: MCR), Manitok Energy Inc (TSXV: MEI), and Discovery-Corp Enterprises Inc (TSXV: DCY) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in San Gold Corp (TSX: SGR), Teranga Gold Corp (TSX: TGZ), Ensign Energy Services Inc (TSX: ESI), Lightstream Resources Ltd (TSX: LTS), and Northern Property Real Estate Investment Trust (TSX: NPR-U).
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Stans Energy Corp (TSXV: HRE) – Technical Chart |
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In the U.S. markets, Merrimack Pharmaceuticals Inc (NASDAQ: MACK), Network CN Inc (OTC BB: NWCN), MaxLinear Inc (NYSE: MXL), Pacific Biosciences of California Inc (NASDAQ: PACB), and Iridium Communications Inc (NASDAQ: IRDM) witnessed strong price gains and breakouts above their 200 DMAs Thursday. QuickLogic Corp (NASDAQ: QUIK), Monster Worldwide Inc (NYSE: MWW), Swift Energy Co (NYSE: SFY), Lancaster Colony Corp (NASDAQ: LANC), and McEwen Mining Inc (NYSE: MUX) 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 |
POET Technologies Inc |
20.5% |
1.94 |
1.77 |
Verisante Technology Inc |
-20.0% |
0.16 |
0.19 |
|
Woulfe Mining Corp |
16.7% |
0.11 |
0.10 |
Amex Exploration Inc |
-12.5% |
0.14 |
0.16 |
|
|
Nemaska Lithium Inc |
9.5% |
0.12 |
0.11 |
Rogers Sugar Inc |
-7.1% |
4.55 |
4.73 |
|
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Petrowest Corp |
6.4% |
1.00 |
0.94 |
True Gold Mining Inc |
-6.3% |
0.375 |
0.39 |
|
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Taipan Resources Inc |
5.2% |
0.41 |
0.40 |
San Gold Corp |
-6.1% |
0.155 |
0.16 |
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|
50 DMA |
Argex Titanium Inc |
10.1% |
0.87 |
0.86 |
iSign Media Solutions Inc |
-8.7% |
0.21 |
0.22 |
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Tembec Inc |
8.7% |
2.63 |
2.51 |
Rogers Sugar Inc |
-7.1% |
4.55 |
4.63 |
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Doubleview Capital Corp |
8.5% |
0.26 |
0.24 |
Africa Hydrocarbons Inc |
-6.7% |
0.14 |
0.14 |
|
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Crocodile Gold Corp |
8.5% |
0.26 |
0.24 |
True Gold Mining Inc |
-6.3% |
0.375 |
0.40 |
|
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Anderson Energy Ltd |
6.5% |
0.25 |
0.23 |
Endeavour Mining Corp |
-5.8% |
0.81 |
0.85 |
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|
200 DMA |
Stans Energy Corp |
75.0% |
0.18 |
0.10 |
San Gold Corp |
-6.1% |
0.16 |
0.16 |
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Tembec Inc |
8.7% |
2.63 |
2.62 |
Teranga Gold Corp |
-5.6% |
0.68 |
0.72 |
|
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Macro Enterprises Inc |
7.9% |
6.14 |
5.76 |
Ensign Energy Services Inc |
-1.7% |
16.95 |
17.01 |
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Manitok Energy Inc |
6.0% |
2.64 |
2.56 |
Lightstream Resources Ltd |
-1.1% |
6.52 |
6.54 |
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Discovery-Corp Enterprises Inc |
4.2% |
0.13 |
0.12 |
Northern Property Real Estate Investment Trust (TSX: NPR-U) |
-0.8% |
27.76 |
27.80 |
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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 |
|
|
30 DMA |
Merrimack Pharmaceuticals Inc |
59.2% |
6.99 |
5.00 |
Stamps.com Inc |
-16.1% |
29.12 |
33.37 |
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Network CN Inc |
38.0% |
0.10 |
0.10 |
LoJack Corp |
-16.0% |
4.76 |
5.61 |
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KiOR Inc |
22.1% |
0.74 |
0.63 |
American Railcar Industries Inc |
-14.2% |
59.61 |
66.90 |
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MaxLinear Inc |
19.8% |
9.43 |
9.10 |
Lifetime Brands Inc |
-13.4% |
16.55 |
18.08 |
|
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Weight Watchers International Inc |
19.7% |
23.71 |
20.69 |
Pacific Ethanol Inc |
-12.3% |
13.68 |
15.27 |
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|
50 DMA |
Merrimack Pharmaceuticals Inc |
59.2% |
6.99 |
5.15 |
Stamps.com Inc |
-16.1% |
29.12 |
34.50 |
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Network CN Inc |
38.0% |
0.10 |
0.10 |
American Railcar Industries Inc |
-14.2% |
59.61 |
67.94 |
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MaxLinear Inc |
19.8% |
9.43 |
9.31 |
Lifetime Brands Inc |
-13.4% |
16.55 |
17.75 |
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Weight Watchers International Inc |
19.7% |
23.71 |
20.84 |
Pacific Ethanol Inc |
-12.3% |
13.68 |
14.42 |
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Meritor Inc |
17.5% |
13.95 |
11.98 |
FTI Consulting Inc |
-9.2% |
31.13 |
31.80 |
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|
200 DMA |
Merrimack Pharmaceuticals Inc |
59.2% |
6.99 |
4.46 |
QuickLogic Corp |
-20.3% |
3.77 |
3.77 |
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Network CN Inc |
38.0% |
0.10 |
0.10 |
Monster Worldwide Inc |
-17.9% |
5.66 |
5.91 |
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MaxLinear Inc |
19.8% |
9.43 |
8.88 |
Swift Energy Co |
-11.8% |
10.88 |
12.16 |
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Pacific Biosciences of California Inc |
17.0% |
5.17 |
4.87 |
Lancaster Colony Corp |
-9.9% |
85.46 |
85.90 |
|
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Iridium Communications Inc |
14.1% |
7.61 |
6.69 |
McEwen Mining Inc |
-8.3% |
2.2 |
2.37 |
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