Taking everything into account, OXLC scores 0 out of 10 in our technical rating. OXLC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
OXLC has a poor technical rating and the quality of the setup is also only medium 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
14.40
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.87 to 15.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.23 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 | NEUTRAL | NEUTRAL | The short term trend for OXLC is neutral. |
| ChartMill Relative Strength | 9.66 | NEGATIVE | OXLC has a low relative strength, it was outperformed by 90.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OXLC is above 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) | 45.7 | NEUTRAL | The RSI value for OXLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests OXLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.38 | NEUTRAL | The Stochastics value for OXLC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for OXLC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.88 | NEUTRAL | The ADX value for OXLC suggests a possible start of a new trend. |
14.55
-0.04 (-0.27%)
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 0 / 10 to OXLC.
Can you provide the trend direction for OXFORD LANE CAPITAL CORP?
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 45.7026. This indicates that the stock is currently neutral.
What is the MACD signal for OXLC stock?
The MACD indicator for OXFORD LANE CAPITAL CORP (OXLC) has a value of 0.122304, indicating a bearish trend.