In the Canadian markets, Merrex Gold Inc (TSXV: MXI) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.09 and gained 31% Friday. MCW Energy Group Ltd (TSX: MCW), Natcore Technology Inc (TSX: NXT), Aberdeen International Inc (TSX: AAB), and Ur-Energy Inc (TSX: URE) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in OceanaGold Corp (TSX: OGC), Canadian Real Estate Investment Trust (TSX: REF-U), Sprott Inc (TSX: SII), AltaGas Ltd (TSX: ALA), and Northland Power Inc (TSX: NPI).
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Merrex Gold Inc (TSXV: MXI)-Technical Chart |
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In the U.S. markets, GlobalSCAPE Inc (NYSE: GSB), Cyan Inc (NYSE: CYNI), Brightcove Inc (NASDAQ: BCOV), FLIR Systems Inc (NASDAQ: FLIR), and Outerwall Inc (NASDAQ: OUTR) witnessed strong price gains and breakouts above their 200 DMAs Friday. Control4 Corp (NASDAQ: CTRL), NIC Inc (NASDAQ: EGOV), NETGEAR Inc (NASDAQ: NTGR), Piedmont Office Realty Trust Inc (NYSE: PDM), and USG Corp (NYSE: USG) witnessed price declines and fell below their 200 DMAs Friday.
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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 |
Yangarra Resources Ltd |
21.9% |
1.28 |
1.08 |
Maya Gold & Silver Inc |
-9.6% |
0.235 |
0.25 |
|
Aston Hill Financial Inc |
16.1% |
0.72 |
0.71 |
Banro Corp |
-7.9% |
0.175 |
0.18 |
|
|
New Millennium Iron Corp |
15.2% |
0.19 |
0.17 |
Parkit Enterprise Inc |
-7.4% |
0.5 |
0.51 |
|
|
Quest Rare Minerals Ltd |
15.0% |
0.12 |
0.11 |
Richmont Mines Inc |
-7.3% |
3.93 |
4.08 |
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Mapan Energy Ltd |
11.6% |
0.96 |
0.94 |
Seabridge Gold Inc |
-6.8% |
10.52 |
10.68 |
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|
50 DMA |
Rooster Energy Ltd |
41.2% |
0.12 |
0.11 |
Golden Valley Mines Ltd/Canada |
-10.7% |
0.125 |
0.13 |
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Yangarra Resources Ltd |
21.9% |
1.28 |
1.12 |
Maya Gold & Silver Inc |
-9.6% |
0.235 |
0.24 |
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New Millennium Iron Corp |
15.2% |
0.19 |
0.17 |
Arena Minerals Inc |
-8.0% |
0.115 |
0.12 |
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D-Box Technologies Inc |
15.0% |
0.23 |
0.20 |
Parkit Enterprise Inc |
-7.4% |
0.5 |
0.51 |
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Spyglass Resources Corp |
14.9% |
0.43 |
0.39 |
CWC Energy Services Corp |
-6.8% |
0.41 |
0.43 |
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|
200 DMA |
Merrex Gold Inc |
31.3% |
0.11 |
0.09 |
OceanaGold Corp |
-8.9% |
2.46 |
2.64 |
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MCW Energy Group Ltd |
14.4% |
1.03 |
0.95 |
Canadian Real Estate Investment Trust |
-3.4% |
47 |
47.18 |
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Natcore Technology Inc |
12.7% |
0.71 |
0.70 |
Sprott Inc |
-3.2% |
2.74 |
2.83 |
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Aberdeen International Inc |
10.7% |
0.16 |
0.15 |
AltaGas Ltd |
-2.8% |
45.49 |
46.70 |
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Ur-Energy Inc |
9.5% |
1.15 |
1.12 |
Northland Power Inc |
-1.9% |
16.98 |
17.08 |
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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 |
Danaos Corp |
22.3% |
5.59 |
5.16 |
TrovaGene Inc |
-23.6% |
4.47 |
5.54 |
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Ubiquiti Networks Inc |
14.3% |
29.99 |
28.63 |
Yelp Inc |
-21.5% |
45.11 |
53.46 |
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Portola Pharmaceuticals Inc |
12.1% |
30.83 |
28.36 |
China HGS Real Estate Inc |
-21.4% |
3.15 |
3.85 |
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Brightcove Inc |
11.2% |
8.04 |
7.57 |
Control4 Corp |
-17.8% |
12.98 |
15.27 |
|
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FBL Financial Group Inc |
9.6% |
58.64 |
54.72 |
Pandora Media Inc |
-17.2% |
15.24 |
16.95 |
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|
50 DMA |
BPZ Resources Inc |
28.8% |
0.34 |
0.28 |
TrovaGene Inc |
-23.6% |
4.47 |
5.12 |
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Danaos Corp |
22.3% |
5.59 |
5.37 |
Yelp Inc |
-21.5% |
45.11 |
53.64 |
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EXCO Resources Inc |
17.8% |
2.51 |
2.27 |
China HGS Real Estate Inc |
-21.4% |
3.15 |
3.90 |
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Ubiquiti Networks Inc |
14.3% |
29.99 |
29.12 |
Control4 Corp |
-17.8% |
12.98 |
15.15 |
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Portola Pharmaceuticals Inc |
12.1% |
30.83 |
28.53 |
Emerald Oil Inc |
-17.7% |
1.02 |
1.17 |
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|
200 DMA |
GlobalSCAPE Inc |
26.5% |
3.01 |
2.39 |
Control4 Corp |
-17.8% |
12.98 |
15.70 |
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Cyan Inc |
15.0% |
3.75 |
3.35 |
NIC Inc |
-11.6% |
15.73 |
17.09 |
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Brightcove Inc |
11.2% |
8.04 |
7.41 |
NETGEAR Inc |
-11.6% |
30.67 |
33.51 |
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FLIR Systems Inc |
6.8% |
33.97 |
32.93 |
Piedmont Office Realty Trust Inc |
-4.5% |
18.54 |
18.99 |
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Outerwall Inc |
6.3% |
65.43 |
63.35 |
USG Corp |
-4.4% |
28.04 |
28.61 |
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