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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Oxford Lane Capital Corp. (NASDAQ:OXLCN)
Countertrend Up (+85) - OXLCN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid OXLCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for OXLCN.
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 OXLCN
The long-term trend has been UP since Nov 9th, 2023 at 23.38
The intermediate-term trend has been UP since Apr 8th, 2024 at 23.47
The short-term trend has been DOWN since Apr 15th, 2024 at 23.51
Smart Scan Analysis for OXLCN
Based on our trend formula, OXLCN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.4100 | 23.4500 | 23.4000 | 23.4389 | +0.0189 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.4200 | 3942 | 2024-04-18 14:42:00 |
| 52wk High | 24.2999 | 52wk High Date | 2023-05-22 |
| 52wk Low | 22.11 | 52wk Low Date | 2023-09-27 |
| Average Volume | 5,082 |