IXHL — Incannex Healthcare Ltd ADR

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Incannex Healthcare Ltd ADR

Incannex Healthcare Inc., a clinical-stage biopharmaceutical company, engages in the research and development of psychedelic medicines and therapies for patients with chronic diseases in Australia. The company develops IHL-42X, an oral fixed dose combination of dronabinol and acetazolamide that is in Phase 2/3 clinical trial for the treatment of obstructive sleep apnea; and PSX-001, an oral synthetic psilocybin treatment in Phase 2b clinical deve… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$3.96
Market Cap$54.2M
Float10.7M
Shares Outstanding14.0M
P/E (Forward)5.09
Price/Sales (TTM)7,764.11
Dividend RateNone

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $415,627 -$3.2M $106,186 -$2.8M
2021 $1.9M -$8.2M $985,628 -$8.2M
2022 $540,170 -$10.3M -$4,359 -$10.2M
2023 $1.0M -$48.8M -$88,080 -$13.6M
2024 $17,965.2 -$27.6M $17,965.2 -$27.7M
2025 $86,000 -$46.9M $86,000 -$48.1M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Mar 2025 N/A -$6.6M
Jun 2025 $66,616 -$35.6M
Sep 2025 N/A -$6.4M
Dec 2025 N/A -$6.5M

Ownership & Float

Insider Ownership10.6%
Institutional Ownership3.7%
Short Float9.3%
% of All Funds Holding0.21%
Number of Funds Holding17

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$3.63Near-term / short-term trend
Weekly40-Week SMA$9.75Medium-term trend
Weekly80-Week SMA$20.51Cyclical trend (business cycle)
Weekly200-Week SMA$144.58Secular trend (multi-year)
Monthly10-Month SMA$9.14Near-term monthly trend
Monthly20-Month SMA$20.99Medium-term monthly trend
Monthly40-Month SMA$88.34Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$20.90 resistance 8.05x 12 months ago
$38.70 resistance 1.46x 13 months ago
$52.00 resistance 1.28x 14 months ago
$153.00 resistance 1.13x 25 months ago

Historical Earnings Reactions (12 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 2.05% 1.78% 66.67% 7.14% -2.83%
1 Day -6.24% -1.23% 33.33% 8.94% -61.57%
1 Week -11.42% -8.19% 25.00% 10.61% -71.14%
2 Weeks -14.44% -14.42% 25.00% 28.21% -70.00%
1 Month -20.93% -21.27% 16.67% 23.75% -68.57%

Next earnings: May 21, 2026 (4 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.39% 45.4% 196
Tuesday 0.11% 43.3% 217
Wednesday 2.44% 40.5% 215
Thursday -0.65% 39.5% 210
Friday -0.12% 42.7% 213

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 3.7%

Insider Transactions — Smart Summary

Total insider ownership: 10.6%

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Incannex Healthcare Ltd ADR (IXHL) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for IXHL on Trend Edge →