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Stock Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
Incannex Healthcare Inc. (NASDAQ:IXHL)
Sidelines Mode (+55) - IXHL 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 IXHL?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXHL.
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 IXHL
The long-term trend has been UP since Nov 1st, 2024 at 2.41
The intermediate-term trend has been UP since Dec 18th, 2024 at 2.00
The short-term trend has been DOWN since Dec 19th, 2024 at 1.83
Smart Scan Analysis for IXHL
Based on our trend formula, IXHL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8000 | 1.7802 | 1.6700 | 1.7200 | -0.0650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6800 | 20733 | 2024-12-20 15:59:54 |
| 52wk High | 8.4697 | 52wk High Date | 2024-02-28 |
| 52wk Low | 1.5 | 52wk Low Date | 2024-08-19 |
| Average Volume | 17,920 | Shares Outstanding | 17,643 |
| Assets | 37,879,608M | Liabilities | 2,010,533M |