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Stock Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
Incannex Healthcare Limited (NASDAQ:IXHL)
Crossroads (+60) - IXHL is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Mar 28th, 2022 at 10.6505
The intermediate-term trend has been UP since May 17th, 2022 at 7.5400
The short-term trend has been UP since May 13th, 2022 at 6.9500
Smart Scan Analysis for IXHL
Based on our trend formula, IXHL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.6400 | 8.6400 | 7.7000 | 8.1001 | -0.5399 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.0500 | 19148 | 2022-05-19 15:55:26 |
| 52wk High | 90 | 52wk High Date | 2022-03-15 |
| 52wk Low | 5.65 | 52wk Low Date | 2022-05-11 |
| Average Volume | 34,112 |