Question 1

What implications does the 10-day RSI indicator have for IXHL?

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where IXHL's RSI Oscillator exited the oversold zone, 18 of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about IXHL's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

Question 3

How did IXHL's Momentum indicator behave recently?

Accepted Answer

IXHL saw its Momentum Indicator move below the 0 level on August 14, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator turned negative. In 30 of the 33 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 4

What does MACD indicator imply for IXHL?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for IXHL turned negative on August 16, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 22 similar instances when the indicator turned negative. In 20 of the 22 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What does a 3-day price advance indicate for IXHL?

Accepted Answer

Following a +14.92% 3-day Advance, the price is estimated to grow further. Considering data from situations where IXHL advanced for three days, in 92 of 122 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for IXHL's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IXHL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does IXHL breaking above its upper Bollinger Band indicate?

Accepted Answer

IXHL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on IXHL's trend?

Accepted Answer

The Aroon Indicator for IXHL entered a downward trend on August 13, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

IXHL Stock Incannex Healthcare (IXHL, $2.39) Aroon Indicator entered a Downtrend on May 03, 2024.

Momentum Indicator for IXHL turns negative, indicating new downward trend

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