OXFORD LANE CAPITAL CORP (OXLC) Technical Analysis
NASDAQ:OXLC • US6915438476
Current stock price
OXLC Technical Rating and Analysis
Taking everything into account, OXLC scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. OXLC was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, OXLC is a bad performer in the overall market: 93% of all stocks are doing better.
- OXLC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month OXLC has a been trading in the 9.51 - 10.58 range, which is quite wide. It is currently trading near the high of this range.
- OXLC has an average volume of 1550710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
OXLC Weekly and Daily overview Charts
OXLC Setup Rating and Analysis
OXLC has an average technical rating and it also does not offer a high 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
OXLC Support and Resistance Analysis
9.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.30 to 10.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.89 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 10.38 to 10.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.84 from a trend line in the daily time frame.
- Resistance @12.50 from a trend line in the daily time frame.
- Resistance @15.60 from a horizontal line in the daily time frame.
- Resistance @19.12 from a trend line in the weekly time frame.
OXLC Technical Indicator Signal Analysis
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 | 7.98 | NEGATIVE | OXLC has a low relative strength, it was outperformed by 92.02% 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) | UP | POSITIVE | The current price of OXLC is above the rising 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) | 63.42 | NEUTRAL | The RSI value for OXLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OXLC has a positive trend. |
| Stochastics (14,3) | 80.86 | OVERBOUGHT | The high Stochastics value suggests OXLC may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for OXLC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.25 | POSITIVE | The high ADX value value for OXLC suggests a strong trend. |
OXLC Chart- and CandleStick Pattern Analysis
OXLC Technicals: Chart, Performance Metrics, Trend & Indicators
10.37
-0.03 (-0.29%)
OXFORD LANE CAPITAL CORP / OXLC TA FAQ
What is the ChartMill technical rating of OXFORD LANE CAPITAL CORP (OXLC) stock?
ChartMill assigns a technical rating of 4 / 10 to OXLC.
What is the trend direction for OXLC stock?
The current trend direction for OXFORD LANE CAPITAL CORP (OXLC) is Bearish.
What is the RSI signal for OXFORD LANE CAPITAL CORP (OXLC) stock?
OXFORD LANE CAPITAL CORP (OXLC) has an RSI value of 63.4213. This indicates that the stock is currently neutral.
Can you provide the short term momentum for OXFORD LANE CAPITAL CORP?
The short term momentum for OXFORD LANE CAPITAL CORP (OXLC) is positive.
Can you provide the support and resistance levels for OXFORD LANE CAPITAL CORP?
OXFORD LANE CAPITAL CORP (OXLC) has a support level at 10.32 and a resistance level at 10.38. Check the full technical report for our detailed analysis of OXLC support and resistance levels.