Top Technical Breakout Stocks: Zaio (TSXV: ZAO) and Rand Capital (NASDAQ: RAND) Break 200-DMA

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In the Canadian markets, Zaio Corp (TSXV: ZAO) broke its key technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.19 and gained 18% Wednesday. SENSIO Technologies Inc (TSX: SIO), Sirona Biochem Corp (TSX: SBM), QHR Corp (TSX: QHR), and Plaza Retail REIT (TSX: PLZ-U) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Lake Shore Gold Corp (TSX: LSG), MAG Silver Corp (TSX: MAG), Kirkland Lake Gold Inc (TSX: KGI), Eldorado Gold Corp (TSX: ELD), and Newport Exploration Ltd (TSX: NWX).

Zaio Corp (TSXV: ZAO)-Technical Chart

Zaio Corp (TSXV: ZAO)

In the U.S. markets, Rand Capital Corp (NASDAQ: RAND), La-Z-Boy Inc (NYSE: LZB), Prestige Brands Holdings Inc (NYSE: PBH), Dick’s Sporting Goods Inc (NYSE: DKS), and DSW Inc (NYSE: DSW) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. BIND Therapeutics Inc (NASDAQ: BIND), Clovis Oncology Inc (NASDAQ: CLVS), China Automotive Systems Inc (NASDAQ: CAAS), Royal Gold Inc (NASDAQ: RGLD), and iGATE Corp (NASDAQ: IGTE) witnessed price declines and fell below their 200 DMAs Wednesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Norvista Capital Corp
(TSX: NVV)

25.0%

0.18

0.14

Keek Inc
(TSX: KEK)

-16.0%

0.105

0.11

SENSIO Technologies Inc
(TSX: SIO)

15.8%

0.22

0.20

Led Medical Diagnostics Inc
(TSX: LMD)

-14.1%

0.275

0.29

Quorum Information Technologies Inc
(TSX: QIS)

6.8%

0.24

0.22

Calibre Mining Corp
(TSX: CXB)

-13.8%

0.125

0.14

Gemini Corp
(TSX: GKX)

5.8%

0.55

0.54

Golden Star Resources Ltd
(TSX: GSC)

-11.7%

0.34

0.36

Alabama Graphite Corp
(TSX: ALP)

5.1%

0.21

0.20

Lake Shore Gold Corp
(TSX: LSG)

-10.2%

0.97

0.98

50 DMA

Norvista Capital Corp
(TSX: NVV)

25.0%

0.18

0.17

Keek Inc
(TSX: KEK)

-16.0%

0.105

0.11

Zaio Corp
(TSX: ZAO)

18.2%

0.20

0.17

Calibre Mining Corp
(TSX: CXB)

-13.8%

0.125

0.13

SENSIO Technologies Inc
(TSX: SIO)

15.8%

0.22

0.21

Crown Point Energy Inc
(TSX: CWV)

-12.3%

0.25

0.25

Barkerville Gold Mines Ltd
(TSX: BGM)

14.3%

0.24

0.21

Lake Shore Gold Corp
(TSX: LSG)

-10.2%

0.97

1.03

Quorum Information Technologies Inc
(TSX: QIS)

6.8%

0.24

0.22

Balmoral Resources Ltd
(TSX: BAR)

-9.6%

1.23

1.29

200 DMA

Zaio Corp
(TSXV: ZAO)

18.2%

0.20

0.19

Lake Shore Gold Corp
(TSX: LSG)

-10.2%

0.97

0.98

SENSIO Technologies Inc
(TSX: SIO)

15.8%

0.22

0.21

MAG Silver Corp
(TSX: MAG)

-7.8%

8.24

8.79

Sirona Biochem Corp
(TSX: SBM)

4.2%

0.13

0.12

Kirkland Lake Gold Inc
(TSX: KGI)

-7.3%

3.7

3.99

QHR Corp
(TSX: QHR)

1.6%

1.25

1.23

Eldorado Gold Corp
(TSX: ELD)

-6.3%

7

7.45

Plaza Retail REIT
(TSX: PLZ-U)

1.0%

4.06

4.04

Newport Exploration Ltd
(TSX: NWX)

-5.0%

0.38

0.39

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Stage Stores Inc
(NYSE: SSI)

19.4%

18.79

16.71

Allied Nevada Gold Corp
(NYSE: ANV)

-27.0%

1.49

1.85

Borderfree Inc
(NASDAQ: BRDR)

9.6%

9.55

9.51

BIND Therapeutics Inc
(NASDAQ: BIND)

-20.4%

8.4

8.65

Town Sports International Holdings Inc
(NASDAQ: CLUB)

9.4%

6.07

6.01

Cliffs Natural Resources Inc
(NYSE: CLF)

-20.0%

8.17

9.84

Rand Capital Corp
(NASDAQ: RAND)

9.1%

3.35

3.09

Elite Pharmaceuticals Inc
(OTC BB: ELTP)

-18.0%

0.2702

0.30

Reliv International Inc
(NASDAQ: RELV)

7.6%

1.28

1.23

Leju Holdings Ltd
(NYSE: LEJU)

-14.8%

12.07

13.72

50 DMA

Stage Stores Inc
(NYSE: SSI)

19.4%

18.79

16.78

BIND Therapeutics Inc
(NASDAQ: BIND)

-20.4%

8.4

8.82

Rand Capital Corp
(NASDAQ: RAND)

9.1%

3.35

3.08

Elite Pharmaceuticals Inc
(OTC BB: ELTP)

-18.0%

0.2702

0.31

GreenHunter Resources Inc
(NYSE: GRH)

8.7%

1.38

1.30

Leju Holdings Ltd
(NYSE: LEJU)

-14.8%

12.07

13.58

Comstock Holding Cos Inc
(NASDAQ: CHCI)

8.5%

1.07

1.03

Synchronoss Technologies Inc
(NASDAQ: SNCR)

-11.3%

42.25

46.38

Reliv International Inc
(NASDAQ: RELV)

7.6%

1.28

1.23

Clovis Oncology Inc
(NASDAQ: CLVS)

-10.2%

48.28

50.26

200 DMA

Rand Capital Corp
(NASDAQ: RAND)

9.1%

3.35

3.20

BIND Therapeutics Inc
(NASDAQ: BIND)

-20.4%

8.40

10.22

La-Z-Boy Inc
(NYSE: LZB)

6.2%

23.98

23.58

Clovis Oncology Inc
(NASDAQ: CLVS)

-10.2%

48.28

53.34

Prestige Brands Holdings Inc
(NYSE: PBH)

3.8%

32.51

31.88

China Automotive Systems Inc
(NASDAQ: CAAS)

-6.8%

8

8.56

Dick’s Sporting Goods Inc
(NYSE: DKS)

2.9%

48.45

47.71

Royal Gold Inc
(NASDAQ: RGLD)

-4.1%

68.4

68.84

DSW Inc
(NYSE: DSW)

2.3%

32.07

31.69

iGATE Corp
(NASDAQ: IGTE)

-3.8%

34.52

35.38

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