In the Canadian markets, Newport Exploration Ltd (TSXV: NWX) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.35 and gained 19% Wednesday. EPM Mining Ventures Inc (TSXV: EPK), SEMAFO Inc (TSX: SMF), Clarke Inc (TSX: CKI), and Dundee Precious Metals Inc (TSX: DPM) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Panorama Petroleum Inc (TSX: PPA), NXT Energy Solutions Inc (TSX: SFD), Anderson Energy Ltd (TSX: AXL), Engagement Labs Inc (TSX: EL), and NeuLion Inc (TSX: NLN).
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Newport Exploration Ltd (TSXV: NWX)-Technical Chart |
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In the U.S. markets, Penford Corp (NASDAQ: PENX), BioCryst Pharmaceuticals Inc (NASDAQ: BCRX), ACADIA Pharmaceuticals Inc (NASDAQ: ACAD), Gold Resource Corp (NYSE: GORO), and Violin Memory Inc (NYSE: VMEM) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Pinnacle Financial Partners Inc (NASDAQ: PNFP), TrustCo Bank Corp NY (NASDAQ: TRST), Capital Bank Financial Corp (NASDAQ: CBF), Piper Jaffray Cos (NYSE: PJC), and Primerica Inc (NYSE: PRI) 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 |
Levon Resources Ltd |
15.6% |
0.26 |
0.23 |
Panorama Petroleum Inc |
-20.0% |
0.22 |
0.24 |
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Avanti Energy Inc |
14.3% |
0.40 |
0.38 |
Houston Lake Mining Inc |
-20.0% |
0.12 |
0.15 |
|
|
Seair Inc |
13.3% |
0.17 |
0.16 |
NXT Energy Solutions Inc |
-13.5% |
1.41 |
1.58 |
|
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Thermal Energy International Inc |
10.5% |
0.11 |
0.10 |
Stans Energy Corp |
-8.6% |
0.16 |
0.17 |
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Crocodile Gold Corp |
10.5% |
0.21 |
0.20 |
Gold Canyon Resources Inc |
-8.3% |
0.22 |
0.24 |
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|
50 DMA |
Levon Resources Ltd |
15.6% |
0.26 |
0.25 |
Panorama Petroleum Inc |
-20.0% |
0.22 |
0.26 |
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Seair Inc |
13.3% |
0.17 |
0.17 |
Houston Lake Mining Inc |
-20.0% |
0.12 |
0.13 |
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Highbank Resources Ltd |
9.4% |
0.29 |
0.28 |
NXT Energy Solutions Inc |
-13.5% |
1.41 |
1.54 |
|
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Immunovaccine Inc |
7.3% |
0.88 |
0.83 |
Terraco Gold Corp |
-7.9% |
0.175 |
0.18 |
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Rio Alto Mining Ltd |
1.7% |
2.95 |
2.90 |
Delavaco Residential Properties |
-6.1% |
0.92 |
0.98 |
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|
200 DMA |
Newport Exploration Ltd |
19.4% |
0.40 |
0.35 |
Panorama Petroleum Inc |
-20.0% |
0.22 |
0.23 |
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EPM Mining Ventures Inc |
14.3% |
0.28 |
0.25 |
NXT Energy Solutions Inc |
-13.5% |
1.41 |
1.42 |
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SEMAFO Inc |
1.4% |
4.22 |
4.21 |
Anderson Energy Ltd |
-13.5% |
0.225 |
0.23 |
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Clarke Inc |
1.3% |
9.54 |
9.42 |
Engagement Labs Inc |
-11.3% |
0.47 |
0.52 |
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Dundee Precious Metals Inc |
0.9% |
4.55 |
4.54 |
NeuLion Inc |
-6.4% |
0.88 |
0.91 |
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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 |
Penford Corp |
69.2% |
18.59 |
13.49 |
Vimicro International Corp |
-11.5% |
7.72 |
8.22 |
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SandRidge Energy Inc |
20.4% |
4.54 |
4.48 |
ChinaNet Online Holdings Inc |
-10.3% |
1.92 |
1.95 |
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Zion Oil & Gas Inc |
17.8% |
1.81 |
1.71 |
Save the World Air Inc |
-10.2% |
0.5417 |
0.59 |
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NewLink Genetics Corp |
16.5% |
25.44 |
24.04 |
Doral Financial Corp |
-8.5% |
6.12 |
6.42 |
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BioCryst Pharmaceuticals Inc |
14.7% |
11.96 |
11.28 |
Luminex Corp |
-7.5% |
19.52 |
19.60 |
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|
50 DMA |
Penford Corp |
69.2% |
18.59 |
13.17 |
Save the World Air Inc |
-10.2% |
0.5417 |
0.60 |
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Zion Oil & Gas Inc |
17.8% |
1.81 |
1.79 |
Nu Skin Enterprises Inc |
-9.1% |
44.5 |
45.38 |
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NewLink Genetics Corp |
16.5% |
25.44 |
24.63 |
Doral Financial Corp |
-8.5% |
6.12 |
6.66 |
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Maxwell Technologies Inc |
14.2% |
9.26 |
9.06 |
Northfield Bancorp Inc |
-6.7% |
13.04 |
13.39 |
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Imperva Inc |
12.8% |
29.60 |
29.08 |
World Point Terminals LP |
-5.8% |
17.91 |
18.96 |
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|
200 DMA |
Penford Corp |
69.2% |
18.59 |
12.76 |
Pinnacle Financial Partners Inc |
-3.1% |
34.89 |
35.69 |
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BioCryst Pharmaceuticals Inc |
14.7% |
11.96 |
10.89 |
TrustCo Bank Corp NY |
-3.1% |
6.64 |
6.74 |
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ACADIA Pharmaceuticals Inc |
9.7% |
25.11 |
23.24 |
Capital Bank Financial Corp |
-2.9% |
23.4 |
23.87 |
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Gold Resource Corp |
8.6% |
5.18 |
5.03 |
Piper Jaffray Cos |
-2.7% |
46.15 |
46.53 |
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Violin Memory Inc |
8.2% |
4.23 |
4.01 |
Primerica Inc |
-2.4% |
46.18 |
46.29 |
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