In the Canadian markets, Mega Uranium Ltd (TSX: MGA) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.2 and gained 31% Monday. Atman Co (TSXV: ATW), UrtheCast Corp (TSX: UR), Energy Fuels Inc/Canada (TSX: EFR), 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 Stellar Biotechnologies Inc (TSX: KLH), Balmoral Resources Ltd (TSX: BAR), Altus Group Ltd/Canada (TSX: AIF), Gibson Energy Inc (TSX: GEI), and Tekmira Pharmaceuticals Corp (TSX: TKM).
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Mega Uranium Ltd (TSX: MGA)-Technical Chart |
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In the U.S. markets, Dean Foods Co (NYSE: DF), Gogo Inc (NASDAQ: GOGO), Alpha & Omega Semiconductor Ltd (NASDAQ: AOSL), Demandware Inc (NYSE: DWRE), and BioCryst Pharmaceuticals Inc (NASDAQ: BCRX) witnessed strong price gains and breakouts above their 200 DMAs Monday. Rayonier Inc (NYSE: RYN), UCP Inc (NYSE: UCP), Kandi Technologies Group Inc (NASDAQ: KNDI), Dycom Industries Inc (NYSE: DY), and Sterling Construction Co Inc (NASDAQ: STRL) witnessed price declines and fell below their 200 DMAs Monday.
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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 |
Forum Uranium Corp |
33.3% |
0.12 |
0.10 |
Erdene Resource Development Corp |
-10.7% |
0.125 |
0.14 |
|
Bayfield Ventures Corp |
32.1% |
0.19 |
0.16 |
Alacer Gold Corp |
-10.6% |
1.95 |
2.06 |
|
|
East West Petroleum Corp |
28.0% |
0.16 |
0.14 |
Grenville Strategic Royalty Corp |
-10.0% |
0.63 |
0.69 |
|
|
Spectra7 Microsystems Inc |
7.9% |
0.68 |
0.67 |
Rio Alto Mining Ltd |
-7.7% |
2.52 |
2.66 |
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Rye Patch Gold Corp |
7.7% |
0.14 |
0.14 |
Raging River Exploration Inc |
-7.6% |
7.75 |
8.06 |
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|
50 DMA |
Bayfield Ventures Corp |
32.1% |
0.19 |
0.17 |
Alacer Gold Corp |
-10.6% |
1.95 |
2.12 |
|
Mega Uranium Ltd |
30.6% |
0.24 |
0.19 |
Stellar Biotechnologies Inc |
-10.1% |
1.43 |
1.56 |
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Oncolytics Biotech Inc |
20.3% |
0.95 |
0.85 |
AutoCanada Inc |
-6.7% |
57.95 |
60.97 |
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SoMedia Networks Inc |
14.3% |
0.16 |
0.15 |
International Barrier Technology Inc |
-6.7% |
0.28 |
0.28 |
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|
UEX Corp |
13.1% |
0.35 |
0.33 |
Fortune Bay Corp |
-6.5% |
0.29 |
0.30 |
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|
200 DMA |
Mega Uranium Ltd |
30.6% |
0.24 |
0.20 |
Stellar Biotechnologies Inc |
-10.1% |
1.43 |
1.45 |
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Atman Co |
25.0% |
0.15 |
0.15 |
Balmoral Resources Ltd |
-8.5% |
1.08 |
1.15 |
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UrtheCast Corp |
13.2% |
1.71 |
1.64 |
Altus Group Ltd/Canada |
-3.6% |
20.2 |
20.39 |
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Energy Fuels Inc/Canada |
9.9% |
8.75 |
8.55 |
Gibson Energy Inc |
-2.8% |
31.11 |
31.59 |
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Hardwoods Distribution Inc |
5.3% |
11.06 |
10.68 |
Tekmira Pharmaceuticals Corp |
-2.1% |
18.56 |
18.88 |
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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 |
Orexigen Therapeutics Inc |
33.2% |
5.13 |
4.03 |
Rayonier Inc |
-15.0% |
28.82 |
32.41 |
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Achillion Pharmaceuticals Inc |
27.1% |
12.85 |
10.81 |
UCP Inc |
-13.8% |
11.89 |
12.69 |
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China Finance Online Co Ltd |
16.9% |
6.44 |
5.51 |
MasTec Inc |
-12.9% |
24.93 |
26.97 |
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Armco Metals Holdings Inc |
16.6% |
0.14 |
0.13 |
ERBA Diagnostics Inc |
-12.2% |
2.74 |
3.04 |
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Newcastle Investment Corp |
11.3% |
4.74 |
4.38 |
Hercules Offshore Inc |
-9.8% |
1.57 |
1.74 |
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|
50 DMA |
Orexigen Therapeutics Inc |
33.2% |
5.13 |
4.48 |
Quicksilver Resources Inc |
-31.3% |
0.55 |
0.72 |
|
Uranium Resources Inc |
32.0% |
2.56 |
2.17 |
Rayonier Inc |
-15.0% |
28.82 |
32.53 |
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Achillion Pharmaceuticals Inc |
27.1% |
12.85 |
11.24 |
InfuSystems Holdings Inc |
-14.9% |
2.97 |
3.34 |
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Newcastle Investment Corp |
11.3% |
4.74 |
4.51 |
UCP Inc |
-13.8% |
11.89 |
12.51 |
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Gogo Inc |
10.6% |
18.40 |
16.98 |
MasTec Inc |
-12.9% |
24.93 |
28.52 |
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|
200 DMA |
Dean Foods Co |
13.7% |
16.40 |
15.52 |
Rayonier Inc |
-15.0% |
28.82 |
33.54 |
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Gogo Inc |
10.6% |
18.40 |
17.96 |
UCP Inc |
-13.8% |
11.89 |
13.70 |
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|
Alpha & Omega Semiconductor Ltd |
9.1% |
9.14 |
8.45 |
Kandi Technologies Group Inc |
-13.1% |
14.86 |
14.95 |
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Demandware Inc |
7.0% |
60.73 |
59.70 |
Dycom Industries Inc |
-9.4% |
27.97 |
30.13 |
|
|
BioCryst Pharmaceuticals Inc |
6.7% |
11.16 |
11.02 |
Sterling Construction Co Inc |
-5.4% |
8.535 |
8.79 |
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