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Stock Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
Oxford Lane Capital Corp. - 6.25% Series 2027 Term Preferred Shares (NASDAQ:OXLCP)
Sidelines Mode (+55) - OXLCP 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 OXLCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for OXLCP.
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 OXLCP
The long-term trend has been DOWN since Nov 23rd, 2021 at 25.0100
The intermediate-term trend has been UP since May 23rd, 2023 at 22.9000
The short-term trend has been DOWN since May 25th, 2023 at 22.4055
Smart Scan Analysis for OXLCP
Based on our trend formula, OXLCP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.790 | 22.715 | 22.470 | 22.715 | -0.085 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.800 | 1730 | 2023-06-01 15:58:00 |
| 52wk High | 24.79 | 52wk High Date | 2022-06-07 |
| 52wk Low | 21.3 | 52wk Low Date | 2022-10-28 |
| Average Volume | 8,717 | Assets | 140,814,174M |
| Liabilities | 460,985,450M |