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.

29 August 2009

Merv's Uranium Indices 29 Aug 2009


maxxu said...

I guess the charts yell: SELL!!!
Don't they?

Anonymous said...

maxxu....I will be curious to read Merv's comments on the charts. My thinking is that we need to see a close below the 200 DMA and below the downtrend line to confirm a sell.

It definately is not in the middle though. It is either the perfect buy opportunity or almost a must sell.

maxxu said...

Anonymous, yes I'm curious too if Merv give us a sign of hope. The falling OBV disturbs me very much.