OXFORD SQUARE CAPITAL - Weekly - Technical analysis published on 01/30/2021 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 3.12 USD
My targets
3.71 USD (+5.10%)
4.42 USD (+25.21%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for OXFORD SQUARE CAPITAL as long as the price remains well above 3.12 USD. The buyers” bullish objective is set at 3.71 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.42 USD. If there is any crossing, the next objective would be the resistance located at 5.27 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 3.71 USD. On this resistance, against the trend traders who would like to go short on OXFORD SQUARE CAPITAL with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.5
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This analysis was given by 3ba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The OXFORD SQUARE CAPITAL price is 3.53 USD. The price is lower by -0.28% over the 5 days and was traded between 3.46 USD and 3.74 USD over the period. The price is currently at +2.02% from its lowest point and -5.61% from its highest point.3.46
3.74
3.53
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this OXFORD SQUARE CAPITAL chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Weekly
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.29 | 2.70 | 3.53 | 3.71 | 4.42 | 5.27 |
| Change (%) | -35.13% | -23.51% | - | +5.10% | +25.21% | +49.29% |
| Change | -1.24 | -0.83 | - | +0.18 | +0.89 | +1.74 |
| Level | Major | Major | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.31 | 3.39 | 3.43 | 3.51 | 3.55 | 3.63 | 3.67 |
| Camarilla | 3.45 | 3.46 | 3.47 | 3.48 | 3.49 | 3.50 | 3.51 |
| Woodie | 3.30 | 3.38 | 3.42 | 3.50 | 3.54 | 3.62 | 3.66 |
| Fibonacci | 3.39 | 3.43 | 3.46 | 3.51 | 3.55 | 3.58 | 3.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.03 | 3.15 | 3.35 | 3.47 | 3.66 | 3.78 | 3.98 |
| Camarilla | 3.45 | 3.48 | 3.51 | 3.54 | 3.57 | 3.60 | 3.63 |
| Woodie | 3.07 | 3.17 | 3.38 | 3.49 | 3.70 | 3.80 | 4.01 |
| Fibonacci | 3.15 | 3.27 | 3.35 | 3.47 | 3.59 | 3.66 | 3.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.16 | 2.50 | 2.78 | 3.12 | 3.40 | 3.74 | 4.02 |
| Camarilla | 2.88 | 2.94 | 2.99 | 3.05 | 3.11 | 3.16 | 3.22 |
| Woodie | 2.12 | 2.49 | 2.74 | 3.11 | 3.36 | 3.73 | 3.98 |
| Fibonacci | 2.50 | 2.74 | 2.89 | 3.12 | 3.36 | 3.51 | 3.74 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 62.10 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 15.30 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 3.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.42 | |
| Elder Ray (13): | 0.40 | |
| Super Trend (3,10): | 2.78 | |
| Zig ZAG (10): | 3.53 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 84.87 | |
| TEMA (21): | 3.54 | |
| Williams %R (14): | -15.33 | |
| Chande Momentum Oscillator (20): | 1.00 | |
| Repulse (5,40,3): | 3.8600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 62.05 |
| MA7: | 3.57 | |
| MA20: | 3.46 | |
| MA50: | 3.23 | |
| MA100: | 2.90 | |
| MAexp7: | 3.35 | |
| MAexp20: | 3.11 | |
| MAexp50: | 3.39 | |
| MAexp100: | 4.15 | |
| Price / MA7: | -1.12% | |
| Price / MA20: | +2.02% | |
| Price / MA50: | +9.29% | |
| Price / MA100: | +21.72% | |
| Price / MAexp7: | +5.37% | |
| Price / MAexp20: | +13.50% | |
| Price / MAexp50: | +4.13% | |
| Price / MAexp100: | -14.94% |
Quotes :
2021-01-29 20:59:59
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15 min delayed data
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NASDAQ Stocks
News
Don"t forget to follow the news on OXFORD SQUARE CAPITAL. At the time of publication of this analysis, the latest news was as follows:
- Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended September 30, 2020 and Declaration of Distributions of Common Stock for the Months Ending January 31, February 28, and March 31, 2021
- Oxford Square Capital Corp. Schedules Third Quarter 2020 Earnings Release and Conference Call for October 27, 2020
- Oxford Square Capital Corp. Declares Common Stock Distributions for the Months Ending October 31, November 30, and December 31, 2020
- Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended June 30, 2020
- Oxford Square Capital Corp. Schedules Second Quarter 2020 Earnings Release and Conference Call for July 28, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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