We assign a technical rating of 3 out of 10 to OXSQ. Recently some decent action could be observed, but in the medium term time frame this is still negative. OXSQ was also a bad performer in the overall market in the last year.
- 82% of all other stocks performed better in the past year than OXSQ.
- OXSQ is one of the lesser performing stocks in the Capital Markets industry. 70% of 237 stocks in the same industry do better.
- OXSQ 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 OXSQ has a been trading in the 1.72 - 1.98 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
OXSQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.91, a Stop Loss order could be placed below this zone.
More info and screens
1.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.83 to 1.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.71 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.94 to 1.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.16 from a trend line in the daily time frame.
- Resistance @2.39 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 OXSQ is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OXSQ is up. |
| ChartMill Relative Strength | 18.93 | NEGATIVE | OXSQ has a low relative strength, it was outperformed by 81.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OXSQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OXSQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OXSQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.55 | NEUTRAL | The RSI value for OXSQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OXSQ has a positive trend. |
| Stochastics (14,3) | 69.77 | NEUTRAL | The Stochastics value for OXSQ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for OXSQ suggests some volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for OXSQ suggests a possible start of a new trend. |
1.93
+0.01 (+0.52%)
OXFORD SQUARE CAPITAL CORP / OXSQ FAQ
What is the ChartMill technical rating of OXFORD SQUARE CAPITAL CORP (OXSQ) stock?
ChartMill assigns a technical rating of 3 / 10 to OXSQ.
Can you provide the trend direction for OXFORD SQUARE CAPITAL CORP?
The current trend direction for OXFORD SQUARE CAPITAL CORP (OXSQ) is Bearish.
Can you provide the RSI signal for OXFORD SQUARE CAPITAL CORP?
OXFORD SQUARE CAPITAL CORP (OXSQ) has an RSI value of 61.5535. This indicates that the stock is currently neutral.
What is the short term momentum for OXSQ stock?
The short term momentum for OXFORD SQUARE CAPITAL CORP (OXSQ) is positive.
What are the support and resistance levels for OXFORD SQUARE CAPITAL CORP (OXSQ) stock?
OXFORD SQUARE CAPITAL CORP (OXSQ) has a support level at 1.91 and a resistance level at 1.94. Check the full technical report for our detailed analysis of OXSQ support and resistance levels.