Top Technical Breakout Stocks: Aberdeen International (TSX: AAB) and Materion (NYSE: MTRN) Break 200-DMA

Published:

In the Canadian markets, Aberdeen International Inc (TSX: AAB) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.14 and gained 25% Thursday. SENSIO Technologies Inc (TSX: SIO), Stellar Biotechnologies Inc (TSX: KLH), Sprylogics International Corp (TSX: SPY), and True North Gems Inc (TSX: TGX) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Lithium Americas Corp (TSX: LAC), Newport Exploration Ltd (TSX: NWX), Anderson Energy Ltd (TSX: AXL), Avrupa Minerals Ltd (TSXV: AVU), and Mountain Province Diamonds Inc (TSX: MPV).

Naturally Splendid Enterprises Ltd (TSXV: NSP)-Technical Chart

Aberdeen International Inc (TSX: AAB)

In the U.S. markets, Materion Corp (NYSE: MTRN), Group 1 Automotive Inc (NYSE: GPI), Epizyme Inc (NASDAQ: EPZM), Acorda Therapeutics Inc (NASDAQ: ACOR), and Overstock.com Inc (NASDAQ: OSTK) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Air Methods Corp (NASDAQ: AIRM), JAKKS Pacific Inc (NASDAQ: JAKK), Unifi Inc (NYSE: UFI), Dunkin’ Brands Group Inc (NASDAQ: DNKN), and Lifevantage Corp (NASDAQ: LFVN) witnessed price declines and fell below their 200 DMAs Thursday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Aberdeen International Inc
(TSX: AAB)

25.0%

0.15

0.14

Barkerville Gold Mines Ltd
(TSX: BGM)

-31.5%

0.185

0.24

Kallisto Energy Corp
(TSX: KEC)

22.2%

0.11

0.10

MBAC Fertilizer Corp
(TSX: MBC)

-21.4%

0.11

0.13

MagIndustries Corp
(TSX: MAA)

18.8%

0.19

0.19

Snipp Interactive Inc
(TSX: SPN)

-10.0%

0.27

0.29

Stellar Biotechnologies Inc
(TSX: KLH)

13.7%

1.58

1.51

Highbank Resources Ltd
(TSX: HBK)

-6.9%

0.27

0.28

Microbix Biosystems Inc
(TSX: MBX)

11.5%

0.58

0.57

Adriana Resources Inc
(TSX: ADI)

-6.5%

0.145

0.15

50 DMA

SENSIO Technologies Inc
(TSX: SIO)

22.5%

0.25

0.22

Highbank Resources Ltd
(TSX: HBK)

-6.9%

0.27

0.28

MagIndustries Corp
(TSX: MAA)

18.8%

0.19

0.19

Newstrike Capital Inc
(TSX: NES)

-5.8%

0.98

1.01

Microcoal Technologies Inc
(CNSX: MTI)

14.7%

0.20

0.19

Copper Fox Metals Inc
(TSX: CUU)

-5.0%

0.19

0.20

Microbix Biosystems Inc
(TSX: MBX)

11.5%

0.58

0.54

Claude Resources Inc
(TSX: CRJ)

-3.9%

0.245

0.25

Strategic Oil & Gas Ltd
(TSX: SOG)

10.3%

0.43

0.41

Columbus Gold Corp
(TSX: CGT)

-3.4%

0.43

0.43

200 DMA

Aberdeen International Inc
(TSX: AAB)

25.0%

0.15

0.14

Lithium Americas Corp
(TSX: LAC)

-11.9%

0.26

0.29

SENSIO Technologies Inc
(TSX: SIO)

22.5%

0.25

0.20

Newport Exploration Ltd
(TSX: NWX)

-7.9%

0.35

0.36

Stellar Biotechnologies Inc
(TSX: KLH)

13.7%

1.58

1.47

Anderson Energy Ltd
(TSX: AXL)

-4.2%

0.23

0.24

Sprylogics International Corp
(TSX: SPY)

8.6%

0.38

0.36

Avrupa Minerals Ltd
(TSXV: AVU)

-2.7%

0.18

0.18

True North Gems Inc
(TSX: TGX)

5.0%

0.11

0.10

Mountain Province Diamonds Inc
(TSX: MPV)

-1.3%

5.25

5.28

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Infinera Corp
(NASDAQ: INFN)

30.9%

13.89

10.68

MGT Capital Investments Inc
(NYSE: MGT)

-19.0%

0.875

0.90

Silicom Ltd
(NASDAQ: SILC)

24.2%

34.82

29.20

Yelp Inc
(NYSE: YELP)

-18.6%

57.17

70.10

Forest Oil Corp
(NYSE: FST)

21.1%

1.15

1.12

Air Methods Corp
(NASDAQ: AIRM)

-17.9%

45.57

54.65

Materion Corp
(NYSE: MTRN)

20.9%

35.15

30.84

IPC The Hospitalist Co Inc
(NASDAQ: IPCM)

-16.4%

39.31

45.10

A Schulman Inc
(NASDAQ: SHLM)

18.2%

35.62

34.10

Vicon Industries Inc
(NYSE: VII)

-16.2%

1.81

2.15

50 DMA

Silicom Ltd
(NASDAQ: SILC)

24.2%

34.82

29.38

MGT Capital Investments Inc
(NYSE: MGT)

-19.0%

0.875

1.04

NeoPhotonics Corp
(NYSE: NPTN)

22.4%

3.01

3.01

IPC The Hospitalist Co Inc
(NASDAQ: IPCM)

-16.4%

39.31

46.30

Materion Corp
(NYSE: MTRN)

20.9%

35.15

31.68

JAKKS Pacific Inc
(NASDAQ: JAKK)

-12.7%

6.95

7.12

Build-A-Bear Workshop Inc
(NYSE: BBW)

17.7%

15.00

12.97

KongZhong Corp
(NASDAQ: KZ)

-10.8%

5.92

6.12

8×8 Inc
(NASDAQ: EGHT)

14.9%

7.70

7.21

Unifi Inc
(NYSE: UFI)

-9.7%

25.55

27.82

200 DMA

Materion Corp
(NYSE: MTRN)

20.9%

35.15

32.62

Air Methods Corp
(NASDAQ: AIRM)

-17.9%

45.57

53.08

Group 1 Automotive Inc
(NYSE: GPI)

14.7%

82.82

72.85

JAKKS Pacific Inc
(NASDAQ: JAKK)

-12.7%

6.95

7.31

Epizyme Inc
(NASDAQ: EPZM)

10.0%

29.88

28.23

Unifi Inc
(NYSE: UFI)

-9.7%

25.55

25.57

Acorda Therapeutics Inc
(NASDAQ: ACOR)

8.6%

35.03

33.05

Dunkin’ Brands Group Inc
(NASDAQ: DNKN)

-6.0%

44

46.39

Overstock.com Inc
(NASDAQ: OSTK)

8.4%

19.49

18.20

Lifevantage Corp
(NASDAQ: LFVN)

-4.3%

1.33

1.35

Related articles

Recent articles