After The Close, 15 Apr 2009
Merv’s Daily Uranium Index
Market Data
Open: 150.16
High: 153.94
Low: 145.56
Close: 150.06
Volume: 5884
Note that the volume is an average volume of round lot sales for the 5 0 component stocks. For total volume, multiply by 5000.
A down day today but so little one wouldn’t really notice it on the chart, if it wasn’t for the color of the candle. We’re still waiting for something to happen that will tell us that the stocks are REALLY on their way or are back into the dumper. The indications are still that the up side will prevail but surprises are always just around the corner.
The Merv’s Daily Uranium Index closed lower by 0.27 points or 0.18%. There were 26 winners, 18 losers and 6 going nowhere. As for the five largest stocks, Cameco lost 0.8%, First Uranium lost 1.7%, Paladin lost 1.3%, Uranium One gained 5.4% and USEC lost 3.4%. The Best winner and the worst loser had exactly the same % move, but in opposite directions. Powertech Uranium gained 29.6% and Western Prospector lost 29.6%. I thought the two might be connected but a very brief look through the media and I couldn’t see any connection.
Once again the daily move did not change any indicators or ratings. I would refer you back to the analysis of a couple of days ago. It still applies without change. Even the long term moving average has not improved its very slight negative slope yet. I know it’s a cop-out but I’ll save my energies for when we have some change, hopefully tomorrow.
Merv’s Daily Uranium Index
Market Data
Open: 150.16
High: 153.94
Low: 145.56
Close: 150.06
Volume: 5884
Note that the volume is an average volume of round lot sales for the 5 0 component stocks. For total volume, multiply by 5000.
A down day today but so little one wouldn’t really notice it on the chart, if it wasn’t for the color of the candle. We’re still waiting for something to happen that will tell us that the stocks are REALLY on their way or are back into the dumper. The indications are still that the up side will prevail but surprises are always just around the corner.
The Merv’s Daily Uranium Index closed lower by 0.27 points or 0.18%. There were 26 winners, 18 losers and 6 going nowhere. As for the five largest stocks, Cameco lost 0.8%, First Uranium lost 1.7%, Paladin lost 1.3%, Uranium One gained 5.4% and USEC lost 3.4%. The Best winner and the worst loser had exactly the same % move, but in opposite directions. Powertech Uranium gained 29.6% and Western Prospector lost 29.6%. I thought the two might be connected but a very brief look through the media and I couldn’t see any connection.
Once again the daily move did not change any indicators or ratings. I would refer you back to the analysis of a couple of days ago. It still applies without change. Even the long term moving average has not improved its very slight negative slope yet. I know it’s a cop-out but I’ll save my energies for when we have some change, hopefully tomorrow.
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