OXFORD LANE CAPITAL CORP - OXLC 6 3/4 03/31/31 (OXLCL) Stock Technical Analysis
NASDAQ:OXLCL - Nasdaq - US6915437064 - Currency: USD
Taking everything into account, OXLCL scores 5 out of 10 in our technical rating. In the last year, OXLCL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, OXLCL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.57, a Stop Loss order could be placed below this zone.
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22.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.36 to 23.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.44 to 22.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.80 to 24.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.68 to 24.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for OXLCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OXLCL is up. |
| ChartMill Relative Strength | 37.63 | NEUTRAL | OXLCL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OXLCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OXLCL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OXLCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.83 | NEUTRAL | The RSI value for OXLCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OXLCL has a negative trend. |
| Stochastics (14,3) | 83.12 | OVERBOUGHT | The high Stochastics value suggests OXLCL may be overbought. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for OXLCL suggests low volalility. |
| Average Directional Index/ADX (14) | 20.75 | NEUTRAL | The ADX value for OXLCL suggests a possible start of a new trend. |
OXFORD LANE CAPITAL CORP - OXLC 6 3/4 03/31/31
NASDAQ:OXLCL (7/17/2025, 1:30:08 PM)
23.66
+0.04 (+0.17%)