Stock Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
OXFORD LANE CAPITAL CORP COMMON (NASDAQ:OXLC)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for OXLC
The long term trend has been UP since Apr 12th, 2018 at 10.619
The intermediate term trend has been DOWN since May 29th, 2018 at 10.810
The short term trend has been UP since Jun 18th, 2018 at 10.650
Smart Scan Analysis for OXLC
Based on a pre-defined weighted trend formula for chart analysis, OXLC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||11.739||Year High Date||2018-05-21|
|Year Low||9.38||Year Low Date||2018-01-08|
|52wk High||11.739||52wk High Date||2018-05-21|
|52wk Low||9.11||52wk Low Date||2017-12-18|
|Year End Close||15.3899||Average Volume||294,662|