Merv’s Daily Uranium Index Table
I hope to make this table a weekly feature of the blog. It is somewhat different from the weekly table but has all the same features. A quick simplified summary of the features follow.
The first set of information is the daily close (for the end of day indicated in the upper left corner), if the close was higher or lower from the previous day and the percentage change from the previous day.
The next three sections are similar, except for representing different time periods. We have the appropriate weighted moving average along with a + or – to represent if the average is sloping up or down. The next + or – indicates if the trigger line for the momentum indicator is sloping up or down. This is followed by a POS or NEG representing the momentum indicator located either in the positive or negative zone. The momentum indicator here is the RSI which I use for my daily commentary. The momentum in the weekly tables is a proprietary indicator that I had developed many years ago and is an integral part of the weekly table program. Next is the biggest difference between this daily and the weekly tables. In place of the Relative Strength (RS) ratings I have used the percentage change in price during each time period, and if such change in price is increasing (+) or decreasing (-) versus the previous day. So instead of seeing if a stock is the number one performer, or the number two, you see instead the actual value of performance. The last section in the table is, of course, the final stock technical rating based upon the previous information. At the bottom of each time period is the summation of individual stock ratings for each period.
I hope this table will be of benefit to you. Let me know your views and any suggestions to make it even better.
Lastly, one should look at this table as a BETA version, still in development with minor changes and improvements possible. I have not fully checked it out yet.
I hope to make this table a weekly feature of the blog. It is somewhat different from the weekly table but has all the same features. A quick simplified summary of the features follow.
The first set of information is the daily close (for the end of day indicated in the upper left corner), if the close was higher or lower from the previous day and the percentage change from the previous day.
The next three sections are similar, except for representing different time periods. We have the appropriate weighted moving average along with a + or – to represent if the average is sloping up or down. The next + or – indicates if the trigger line for the momentum indicator is sloping up or down. This is followed by a POS or NEG representing the momentum indicator located either in the positive or negative zone. The momentum indicator here is the RSI which I use for my daily commentary. The momentum in the weekly tables is a proprietary indicator that I had developed many years ago and is an integral part of the weekly table program. Next is the biggest difference between this daily and the weekly tables. In place of the Relative Strength (RS) ratings I have used the percentage change in price during each time period, and if such change in price is increasing (+) or decreasing (-) versus the previous day. So instead of seeing if a stock is the number one performer, or the number two, you see instead the actual value of performance. The last section in the table is, of course, the final stock technical rating based upon the previous information. At the bottom of each time period is the summation of individual stock ratings for each period.
I hope this table will be of benefit to you. Let me know your views and any suggestions to make it even better.
Lastly, one should look at this table as a BETA version, still in development with minor changes and improvements possible. I have not fully checked it out yet.
1 comment:
Very interesting project you have undertaken.....!!!!!!
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