OXLCZ Technical

Technical Sentiment Analysis for Oxford Lane Capital Corp. 5.00% Notes due 2027 (OXLCZ) As of 2024-12-03, Oxford Lane Capital Corp. 5.00% Notes due 2027 (OXLCZ) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OXLCZ stands at 53.92, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.04, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 91.42 and the Commodity Channel Index (CCI) at 69.81 further confirm a 0.03 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, OXLCZ is trading above its 60-day moving average of $23.64 and above its 200-day long-term moving average of $23.37. Key price levels to watch include the immediate resistance at $23.91 and strong support at $23.53. A break above $23.91 could signal a bull continuation, while falling below $23.53 may test the next Fibonacci floor at $23.3.