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.



05 January 2009

Titan Uranium Inc. (V-TUE)


Titan Uranium Inc. (V-TUE)

So much action, so many to choose from. Another one of those “penny” stocks that have made a significant move lately, % wise. Titan has often been in the best and worst daily performance categories but this week’s action has put the price into a 5 ½ month high. The volume and momentum action had been improving over the past month and are now both positive. The momentum is zooming inside its positive zone well above its positive trigger line. The volume indicator is also moving nicely higher and is above its intermediate term trigger line. All this as the price has taken off and is way above its positive moving average line. At this point I would not be inclined to chase this stock but wait for it to cool-off and get in on its next move.

No comments: