INCANNEX HEALTHCARE INC (IXHL) Stock Technical Analysis
USA - NASDAQ:IXHL - US45333F1093 - Common Stock
0.529 USD
+0 (+0.86%)
Overall IXHL gets a technical rating of 5 out of 10. In the past year, IXHL was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
IXHL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IXHL has a been trading in the 0.50 - 0.92 range, which is quite wide. It is currently trading near the lows of this range.
IXHL is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 73% of 196 stocks in the same industry.
IXHL has an average volume of 150123000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, IXHL did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
IXHL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IXHL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.49
0.69
2 important support areas can be observed.
- A support zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.49 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.56 from a trend line in the weekly time frame.
- Resistance @0.68 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IXHL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IXHL is neutral. |
| ChartMill Relative Strength | 85.68 | POSITIVE | IXHL has a high relative strength, it outperformed 85.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IXHL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IXHL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IXHL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for IXHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IXHL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.73 | OVERSOLD | The low Stochastics value suggests IXHL may be oversold. |
| Average True Range in percent/ATR (20) | 15.67 | HIGH VOLATILITY | The high ATR as a percentage value for IXHL suggests high volalility. |
| Average Directional Index/ADX (14) | 34.25 | POSITIVE | The high ADX value value for IXHL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:IXHL (9/22/2025, 12:35:04 PM)
0.529
+0 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.86%
1 Week-4.2%
2 Weeks-0.1%
1 Month14.64%
3 Month139.39%
6 Month-36.71%
12 Month-73.1%
2 Year-88.46%
3 Year-96.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%15.67%
ATR Inc-25.38%
Range Today0.03
ADR(20)0.07
ADR(20)%13.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.68
Mansfield-5.76
10 Day High0.63
10 Day Low0.5
20 Day High0.92
20 Day Low0.5
52 Week High3.12
52 Week Low0.08
CS1 End0.51
CR1 Start0.56
Volume & EV
DER(3)3.95%
DER(5)2.59%
Volume15.68M
Volume Incr-78.39%
Vol(5)24.76M
Vol(50)150.12M