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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.

Open High Low IXHL Price Change
8.6400 8.6400 7.7000 8.1001 -0.5399
Entry Signal

MarketClub’s Trade Triangles for IXHL

long term down The long-term trend has been DOWN since Mar 28th, 2022 at 10.6505

intermediate term up The intermediate-term trend has been UP since May 17th, 2022 at 7.5400

short term up 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).

Smart Scan Analysis for IXHL
Strong Downtrend Sideways 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 High9052wk High Date2022-03-15
52wk Low5.6552wk Low Date2022-05-11
Average Volume34,112
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