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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.

NASDAQ_IXHL
Open High Low IXHL Price Change
1.8000 1.7802 1.6700 1.7200 -0.0650
Entry Signal

MarketClub’s Trade Triangles for IXHL

long term up The long-term trend has been UP since Nov 1st, 2024 at 2.41

intermediate term up The intermediate-term trend has been UP since Dec 18th, 2024 at 2.00

short term down 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).

+55
Smart Scan Analysis for IXHL
Strong Downtrend Sideways 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 High8.469752wk High Date2024-02-28
52wk Low1.552wk Low Date2024-08-19
Average Volume17,920Shares Outstanding17,643
Assets37,879,608MLiabilities2,010,533M
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