We assign a technical rating of 2 out of 10 to IXHL. In the past year, IXHL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of IXHL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.33
When analyzing the support we notice one important area.
- Support @0.33 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.49 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for IXHL is up. |
| ChartMill Relative Strength | 6.15 | NEGATIVE | IXHL has a low relative strength, it was outperformed by 93.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IXHL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IXHL is above a declining 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) | 63.86 | NEUTRAL | The RSI value for IXHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IXHL has a positive trend. |
| Stochastics (14,3) | 82.51 | OVERBOUGHT | The high Stochastics value suggests IXHL may be overbought. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for IXHL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for IXHL suggests a possible start of a new trend. |
0.4566
-0.02 (-4.64%)
INCANNEX HEALTHCARE INC / IXHL FAQ
Can you provide the ChartMill technical rating for INCANNEX HEALTHCARE INC?
ChartMill assigns a technical rating of 2 / 10 to IXHL.
What is the trend direction for IXHL stock?
The current trend direction for INCANNEX HEALTHCARE INC (IXHL) is Bearish.
What is the RSI signal for INCANNEX HEALTHCARE INC (IXHL) stock?
INCANNEX HEALTHCARE INC (IXHL) has an RSI value of 63.8557. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INCANNEX HEALTHCARE INC?
The short term momentum for INCANNEX HEALTHCARE INC (IXHL) is positive.
Can you provide the buy/sell signal for INCANNEX HEALTHCARE INC?
The buy/sell signal for INCANNEX HEALTHCARE INC (IXHL) is hold as the short term and long term trends are mixed.