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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Oxford Lane Capital Corp. - Preferred Stock Shares, 6.00% Series 2029 (NASDAQ:OXLCO)
Sidelines Mode (+55) - OXLCO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OXLCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for OXLCO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OXLCO
The long-term trend has been UP since Dec 4th, 2023 at 22.025
The intermediate-term trend has been UP since Mar 6th, 2024 at 22.295
The short-term trend has been DOWN since Apr 24th, 2024 at 22.150
Smart Scan Analysis for OXLCO
Based on our trend formula, OXLCO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.3900 | 22.3900 | 22.1457 | 22.1457 | -0.2443 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.3900 | 7062 | 2024-04-24 15:36:00 |
| Year High | 25.5999 | Year High Date | 2018-09-06 |
| Year Low | 25.14 | Year Low Date | 2018-04-02 |
| 52wk High | 22.66 | 52wk High Date | 2023-12-18 |
| 52wk Low | 20.52 | 52wk Low Date | 2023-05-12 |
| Average Volume | 2,832 | Market Cap | 92M |
| Assets | 140,814,174M | Liabilities | 460,985,450M |
| Volatility | 3.58 |