OXFORD LANE CAPITAL CORP (OXLC) Stock Technical Analysis
NASDAQ:OXLC - Nasdaq - US6915431026 - Currency: USD
Overall OXLC gets a technical rating of 0 out of 10. OXLC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
82% of all other stocks performed better in the past year than OXLC.
In the last month OXLC has a been trading in the 4.37 - 4.98 range, which is quite wide. It is currently trading near the lows of this range.
OXLC has an average volume of 5994260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OXLC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OXLC is lagging the market slightly.
Although the technical rating is bad, OXLC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.33, a Stop Loss order could be placed below this zone.
More info and screens
4.22
5.71
We found 1 important support area.
- A support zone ranging from 4.26 to 4.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 4.59 to 4.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.82 to 4.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.10 from a trend line in the weekly time frame.
- Strong resistance @5.19 from a horizontal line in the daily time frame.
- Strong resistance @5.31 from a horizontal line in the daily time frame.
- Resistance @5.65 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for OXLC is down. |
| ChartMill Relative Strength | 18.1 | NEGATIVE | OXLC has a low relative strength, it was outperformed by 81.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OXLC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OXLC is below 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) | 44.43 | NEUTRAL | The RSI value for OXLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OXLC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.22 | OVERSOLD | The low Stochastics value suggests OXLC may be oversold. |
| 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) | 24.46 | NEUTRAL | The ADX value for OXLC suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.49
+0.04 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.9%
1 Week-0.88%
2 Weeks0.22%
1 Month-5.27%
3 Month-10.74%
6 Month-14.48%
12 Month-21.09%
2 Year-7.23%
3 Year-20.95%
5 Year9.25%
10 Year-68.4%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%2.08%
ATR Inc-47.09%
Range Today0.06
ADR(20)0.08
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.1
Mansfield-1.6
10 Day High4.54
10 Day Low4.37
20 Day High4.98
20 Day Low4.37
52 Week High5.78
52 Week Low3.91
CS1 End4.33
CR1 Start4.59
Volume & EV
DER(3)0.84%
DER(5)-1.71%
Volume4.55M
Volume Incr-11.89%
Vol(5)4.99M
Vol(50)5.99M