Merv’s Daily Uranium Index
Note that the volume is an average volume of round lot sales for the 50 component stocks. For total volume, multiply by 5000.
Nothing has changed today with that very minor upside Index close. More and more one can see the momentum and Stochastic Oscillator indicators turning down, some not yet fully into the down side but in the turning process.
The Merv’s Daily Uranium Index closed the day on the up side with a stupendous advance of 0.14 points or 0.06%. There were 23 winners, 26 losers and only one sleeper. The top 5 stocks all lost ground. Cameco lost 0.0% (on the down side but not enough to show up on the % scale), Denison lost 2.4%, Extract lost 1.2%, Paladin lost 2.4% and Uranium One lost 5.9%. The best winner was Tournigan Energy with a gain of 22.2% while the loser of the day was Bannerman with a loss of 11.3%. Market Vectors Nuclear Energy ETF lost 0.3%.