We assign a technical rating of 2 out of 10 to OXLC. In the past year, OXLC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of OXLC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.13
When analyzing the support we notice one important area.
- A support zone ranging from 14.27 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.71 to 15.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.60 from a horizontal line in the daily time frame.
- Resistance @20.81 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OXLC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OXLC is up. |
| ChartMill Relative Strength | 11.34 | NEGATIVE | OXLC has a low relative strength, it was outperformed by 88.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OXLC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OXLC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OXLC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for OXLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests OXLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.88 | NEUTRAL | The Stochastics value for OXLC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for OXLC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for OXLC suggests a weak or negative trend. |
14.69
-0.01 (-0.07%)
OXFORD LANE CAPITAL CORP / OXLC FAQ
What is the ChartMill technical rating of OXFORD LANE CAPITAL CORP (OXLC) stock?
ChartMill assigns a technical rating of 2 / 10 to OXLC.
What is the current trend direction of OXFORD LANE CAPITAL CORP (OXLC) stock?
The current trend direction for OXFORD LANE CAPITAL CORP (OXLC) is Bearish.
What is the RSI signal for OXLC stock?
OXFORD LANE CAPITAL CORP (OXLC) has an RSI value of 53.7055. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OXFORD LANE CAPITAL CORP?
The MACD indicator for OXFORD LANE CAPITAL CORP (OXLC) has a value of 0.0809895, indicating a bearish trend.
What is the buy/sell signal for OXLC stock?
The buy/sell signal for OXFORD LANE CAPITAL CORP (OXLC) is hold as the short term and long term trends are mixed.