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 Uranium Index Table (daily version)


Daily Uranium Table

As explained in the past, the Daily Uranium Table uses daily data to develop the information and ratings as opposed to the Weekly Table which uses Friday closing prices only. I consider this Daily Table the more useful as the short term information and rating is more accurate than the Weekly short term info.

Most stocks are still long term BULLISH. We are waiting for the market to turn to get in on the next bull move. The best way to guess when that is just starting to happen is to wait for the short term moving average line to turn upwards. Confirmation of a new move would come with the short term moving average crossing the intermediate term to the up side.
Just some simple hints. You should access some site that provides charts to stay on top daily with stocks that you might be interested in. I will not be posting this table every day.

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