In the Canadian markets, MagIndustries Corp (TSX: MAA) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.2 and gained 11% Monday. Aeterna Zentaris Inc (TSX: AEZ), Transcontinental Inc (TSX: TCL/A), Bombardier Inc (TSX: BBD/B), and Toromont Industries Ltd (TSX: TIH) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Cynapsus Therapeutics Inc (TSX: CTH), Pine Cliff Energy Ltd (TSX: PNE), Donnycreek Energy Inc (TSX: DCK), Whitecap Resources Inc (TSX: WCP), and Petrowest Corp (TSX: PRW).
MagIndustries Corp (TSX: MAA)-Technical Chart |
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In the U.S. markets, Medizone International Inc (OTC BB: MZEI), Kandi Technologies Group Inc (NASDAQ: KNDI), Columbus McKinnon Corp/NY (NASDAQ: CMCO), ArcBest Corp (NASDAQ: ARCB), and CBIZ Inc (NYSE: CBZ) witnessed strong price gains and breakouts above their 200 DMAs Monday. Aoxing Pharmaceutical Co Inc (NYSE: AXN), Epizyme Inc (NASDAQ: EPZM), US Silica Holdings Inc (NYSE: SLCA), Westmoreland Coal Co (NASDAQ: WLB), and China Mobile Games & Entertainment Group Ltd (NASDAQ: CMGE) witnessed price declines and fell below their 200 DMAs Monday.
Breakouts – Canada |
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DMA |
Bullish |
Bearish |
||||||
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
30 DMA |
KFG Resources Ltd |
22.2% |
0.11 |
0.09 |
Microcoal Technologies Inc |
-7.0% |
0.2 |
0.20 |
MagIndustries Corp |
10.8% |
0.21 |
0.19 |
Canadian Energy Services & Technology Corp |
-6.9% |
8.77 |
9.08 |
|
Bedrocan Cannabis Corp |
5.7% |
0.74 |
0.74 |
Corridor Resources Inc |
-6.7% |
1.4 |
1.49 |
|
Great Canadian Gaming Corp |
5.6% |
19.10 |
18.46 |
Merus Labs International Inc |
-5.2% |
1.64 |
1.72 |
|
DealNet Capital Corp |
5.3% |
0.20 |
0.19 |
Columbus Gold Corp |
-4.5% |
0.42 |
0.43 |
|
50 DMA |
NovX21 Inc |
23.5% |
0.11 |
0.09 |
Fortuna Silver Mines Inc |
-6.9% |
4.88 |
5.04 |
KFG Resources Ltd |
22.2% |
0.11 |
0.10 |
Columbus Gold Corp |
-4.5% |
0.42 |
0.43 |
|
MagIndustries Corp |
10.8% |
0.21 |
0.19 |
RONA Inc |
-4.5% |
13.44 |
13.94 |
|
Western Potash Corp |
7.7% |
0.35 |
0.34 |
NeuLion Inc |
-3.7% |
1.03 |
1.05 |
|
Claude Resources Inc |
6.4% |
0.25 |
0.25 |
Bioniche Life Sciences Inc |
-2.1% |
0.23 |
0.23 |
|
200 DMA |
MagIndustries Corp |
10.8% |
0.21 |
0.20 |
Cynapsus Therapeutics Inc |
-15.3% |
0.72 |
0.75 |
Aeterna Zentaris Inc |
3.8% |
1.36 |
1.34 |
Pine Cliff Energy Ltd |
-6.9% |
1.48 |
1.52 |
|
Transcontinental Inc |
2.1% |
15.29 |
14.98 |
Donnycreek Energy Inc |
-5.2% |
2.35 |
2.37 |
|
Bombardier Inc |
1.6% |
3.89 |
3.85 |
Whitecap Resources Inc |
-4.8% |
14.53 |
14.61 |
|
Toromont Industries Ltd |
1.5% |
26.50 |
26.20 |
Petrowest Corp |
-4.4% |
1.08 |
1.13 |
Breakouts – U.S. |
||||||||
DMA |
Bullish |
Bearish |
||||||
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
30 DMA |
United Cannabis Corp |
30.8% |
0.85 |
0.77 |
Pain Therapeutics Inc |
-53.0% |
1.95 |
3.92 |
Alexza Pharmaceuticals Inc |
23.3% |
2.80 |
2.33 |
Sarepta Therapeutics Inc |
-32.5% |
15.91 |
21.39 |
|
GigaMedia Ltd |
18.7% |
1.01 |
0.86 |
Vasomedical Inc |
-23.3% |
0.191 |
0.21 |
|
WPCS International Inc |
17.3% |
0.80 |
0.79 |
ZaZa Energy Corp |
-18.8% |
2.73 |
3.27 |
|
China Information Technology Inc |
13.4% |
3.97 |
3.87 |
Virtus Oil and Gas Corp |
-9.8% |
1.65 |
1.77 |
|
50 DMA |
Alexza Pharmaceuticals Inc |
23.3% |
2.80 |
2.72 |
Pain Therapeutics Inc |
-53.0% |
1.95 |
3.98 |
GigaMedia Ltd |
18.7% |
1.01 |
0.91 |
Sarepta Therapeutics Inc |
-32.5% |
15.91 |
21.91 |
|
ANADIGICS Inc |
12.7% |
0.67 |
0.65 |
Vasomedical Inc |
-23.3% |
0.191 |
0.23 |
|
Echo Global Logistics Inc |
9.6% |
26.16 |
24.98 |
Guided Therapeutics Inc |
-9.4% |
0.308 |
0.34 |
|
NanoViricides Inc |
9.4% |
3.72 |
3.63 |
Encore Wire Corp |
-9.1% |
36.41 |
39.47 |
|
200 DMA |
Medizone International Inc |
9.3% |
0.18 |
0.16 |
Aoxing Pharmaceutical Co Inc |
-14.1% |
0.32 |
0.35 |
Kandi Technologies Group Inc |
6.7% |
14.95 |
14.79 |
Epizyme Inc |
-7.8% |
27.38 |
28.13 |
|
Columbus McKinnon Corp/NY |
6.0% |
27.04 |
25.74 |
US Silica Holdings Inc |
-5.9% |
47.6 |
48.13 |
|
ArcBest Corp |
5.1% |
37.57 |
37.37 |
Westmoreland Coal Co |
-5.3% |
31.59 |
32.33 |
|
CBIZ Inc |
4.8% |
8.90 |
8.69 |
China Mobile Games & Entertainment Group Ltd |
-5.3% |
21.7 |
22.08 |
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