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.



24 January 2010

Merv's Indices 24 Jan 2010


Spotted too late to correct. On the Daily Chart the identification of the indicator is missing. As most who follow these posts will realize the indicator should have been identified as a 150 Day RSI to be compatible with the Weekly Index indicator.

Posted by at

2 comments:

Anonymous said...

Merv,

I'm new to technical trading.

Can you explain? are you suggesting that the uranium index has broken through support on the daily charts?

January 24, 2010 at 3:19 PM
Merv said...

See today's week-end commentary

January 24, 2010 at 3:39 PM

Post a Comment

Subscribe to: Post Comments (Atom)