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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Oxford Lane Capital Corp. - Closed End Fund (NASDAQ:OXLC)

Sidelines Mode (-55) - OXLC 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 OXLC?

MarketClub looks at technical strength and momentum to determine if the timing is right for OXLC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OXLC
Open High Low OXLC Price Change
5.1100 5.1200 5.0800 5.0899 +0.0099
Entry Signal

MarketClub’s Trade Triangles for OXLC

long term up The long-term trend has been UP since Jan 9th, 2024 at 5.140

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2024 at 5.085

short term up The short-term trend has been UP since Mar 21st, 2024 at 5.070

Smart Scan Analysis for OXLC

Based on our trend formula, OXLC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for OXLC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1100 5.1200 5.0800 5.0899 +0.0099
Prev. Close Volume Bid Ask Time
5.0800 1284506 2024-03-28 12:56:52
Year High11.739Year High Date2018-05-21
Year Low9.38Year Low Date2018-01-08
52wk High5.752wk High Date2023-08-04
52wk Low4.4152wk Low Date2023-10-27
Year End Close15.3899Average Volume1,991,283
Shares Outstanding2,006Market Cap414M
Assets140,814,174MLiabilities460,985,450M
P/E Ratio5.3465Volatility22.68
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