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Stock Trend Analysis Report
Prepared for you on Wednesday, October 9, 2024.
Incannex Healthcare Inc. (NASDAQ:IXHL)
Long-Term Downtrend (-90) - IXHL is in a strong downtrend that is likely to continue. While IXHL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 14th, 2024 at 3.02
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 1.60
The short-term trend has been DOWN since Sep 27th, 2024 at 1.98
Smart Scan Analysis for IXHL
Based on our trend formula, IXHL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5500 | 1.5950 | 1.5516 | 1.5700 | +0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5600 | 8164 | 2024-10-09 15:59:42 |
| 52wk High | 12.68 | 52wk High Date | 2023-12-05 |
| 52wk Low | 0.8 | 52wk Low Date | 2023-11-17 |
| Average Volume | 15,621 | Shares Outstanding | 17,643 |
| Assets | 37,879,608M | Liabilities | 2,010,533M |