BASIC NOTES

Uranium Companies

There are very few pure uranium companies. Most companies, especially the small exploration type, are active in more than the uranium industry. This blog makes no attempt to guage the percentage of a companies activity that are related to the finding, mining or processing of uraniun. They all do, however, have some uranium activities (to the best of our review).

Merv's Uranium Indices

I have developed two Uranium Indices. They each have the same component stocks but are calculated using different methodologies. My weekly Index is based upon the average weekly performance of the component stocks. My daily Index is based upon the daily average of the component stocks open, high, low and close prices along with the daily average volume of all component stocks.

Click on the chart or table to enlage the view.



30 June 2009

Merv's Daily Commentary 30 June 2009


After The Close, 30 June 2009

Merv’s Daily Uranium Index
Market Data

Open: 174.24
High: 177.58
Low: 168.76
Close: 172.40
Volume: 5236


Note that the volume is an average volume of round lot sales for the 5 0 component stocks. For total volume, multiply by 5000.

The Daily Index was down 3.16 points or 1.8%. This has changed only the short term indicators and rating. The Daily Index closed below its negative short term moving average line. All else remained the same. The short term rating is back to a full BEARISH rating. The intermediate term rating remains as a NEUTRAL rating.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)