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IX Acquisition Corp
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Let's analyse IX Acquisition Corp together

PenkeI guess you are interested in IX Acquisition Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of IX Acquisition Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of IX Acquisition Corp (30 sec.)










What can you expect buying and holding a share of IX Acquisition Corp? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$3.99
Expected worth in 1 year
$0.35
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
$-3.64
Return On Investment
-32.6%

For what price can you sell your share?

Current Price per Share
$11.18
Expected price per share
$11.12 - $12.15
How sure are you?
50%

1. Valuation of IX Acquisition Corp (5 min.)




Live pricePrice per Share (EOD)

$11.18

2. Growth of IX Acquisition Corp (5 min.)




Is IX Acquisition Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$41.5m$109.1m$22m16.8%

How much money is IX Acquisition Corp making?

Current yearPrevious yearGrowGrow %
Making money$2m$9.6m-$7.5m-362.2%
Net Profit Margin0.0%0.0%--

How much money comes from the company's main activities?

3. Financial Health of IX Acquisition Corp (5 min.)




4. Comparing to competitors in the Shell Companies industry (5 min.)




  Industry Rankings (Shell Companies)  


Richest
#76 / 220

Most Revenue
#70 / 220

Most Profit
#50 / 220

Most Efficient
#103 / 220

What can you expect buying and holding a share of IX Acquisition Corp? (5 min.)

Welcome investor! IX Acquisition Corp's management wants to use your money to grow the business. In return you get a share of IX Acquisition Corp.

What can you expect buying and holding a share of IX Acquisition Corp?

First you should know what it really means to hold a share of IX Acquisition Corp. And how you can make/lose money.

Speculation

The Price per Share of IX Acquisition Corp is $11.18. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of IX Acquisition Corp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in IX Acquisition Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $3.99. Based on the TTM, the Book Value Change Per Share is $-0.91 per quarter. Based on the YOY, the Book Value Change Per Share is $1.91 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of IX Acquisition Corp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.050.4%0.090.8%0.161.4%0.100.9%0.100.9%
Usd Book Value Change Per Share-0.75-6.7%-0.91-8.1%1.9117.1%0.403.6%0.403.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.75-6.7%-0.91-8.1%1.9117.1%0.403.6%0.403.6%
Usd Price Per Share10.90-10.47-9.81-8.11-8.11-
Price to Earnings Ratio59.52-37.23-25.66-25.16-25.16-
Price-to-Total Gains Ratio-14.55-44.06-513.55-278.80-278.80-
Price to Book Ratio2.73-1.91-7,727.63-3,091.82-3,091.82-
Price-to-Total Gains Ratio-14.55-44.06-513.55-278.80-278.80-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.18
Number of shares89
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.910.40
Usd Total Gains Per Share-0.910.40
Gains per Quarter (89 shares)-80.9935.47
Gains per Year (89 shares)-323.95141.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-324-3340142132
20-648-6580284274
30-972-9820426416
40-1296-13060568558
50-1620-16300709700
60-1944-19540851842
70-2268-22780993984
80-2592-2602011351126
90-2916-2926012771268
100-3239-3250014191410

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%8.02.00.080.0%8.02.00.080.0%
Book Value Change Per Share1.02.01.025.0%5.03.02.050.0%5.03.02.050.0%5.03.02.050.0%5.03.02.050.0%
Dividend per Share0.00.04.00.0%0.00.010.00.0%0.00.010.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share1.02.01.025.0%5.03.02.050.0%5.03.02.050.0%5.03.02.050.0%5.03.02.050.0%

Fundamentals of IX Acquisition Corp

About IX Acquisition Corp

IX Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology, media and telecommunications, and information and communication technology industries. The company was incorporated in 2021 and is based in London, United Kingdom.

Fundamental data was last updated by Penke on 2024-03-26 05:18:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of IX Acquisition Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit IX Acquisition Corp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare IX Acquisition Corp to the Shell Companies industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of IX Acquisition Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ--86.2%+86.2%
TTM--13.2%+13.2%
YOY--68.1%+68.1%
5Y--26.8%+26.8%
10Y--29.1%+29.1%
1.1.2. Return on Assets

Shows how efficient IX Acquisition Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare IX Acquisition Corp to the Shell Companies industry mean.
  • 0.9% Return on Assets means that IX Acquisition Corp generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of IX Acquisition Corp:

  • The MRQ is 0.9%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.9%TTM1.7%-0.8%
TTM1.7%YOY2,603.5%-2,601.8%
TTM1.7%5Y1,041.8%-1,040.0%
5Y1,041.8%10Y1,041.8%0.0%
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%0.1%+0.8%
TTM1.7%0.3%+1.4%
YOY2,603.5%0.2%+2,603.3%
5Y1,041.8%-0.5%+1,042.3%
10Y1,041.8%-0.5%+1,042.3%
1.1.3. Return on Equity

Shows how efficient IX Acquisition Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare IX Acquisition Corp to the Shell Companies industry mean.
  • 1.1% Return on Equity means IX Acquisition Corp generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of IX Acquisition Corp:

  • The MRQ is 1.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM2.0%-0.9%
TTM2.0%YOY29,753.0%-29,751.0%
TTM2.0%5Y11,893.2%-11,891.2%
5Y11,893.2%10Y11,893.2%0.0%
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%0.7%+0.4%
TTM2.0%0.6%+1.4%
YOY29,753.0%0.5%+29,752.5%
5Y11,893.2%-0.8%+11,894.0%
10Y11,893.2%-0.7%+11,893.9%

1.2. Operating Efficiency of IX Acquisition Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient IX Acquisition Corp is operating .

  • Measures how much profit IX Acquisition Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare IX Acquisition Corp to the Shell Companies industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of IX Acquisition Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ--103.5%+103.5%
TTM--23.0%+23.0%
YOY--200.3%+200.3%
5Y--33.1%+33.1%
10Y--44.8%+44.8%
1.2.2. Operating Ratio

Measures how efficient IX Acquisition Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Shell Companies industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of IX Acquisition Corp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.873-1.873
TTM-1.116-1.116
YOY-2.140-2.140
5Y-0.666-0.666
10Y-0.926-0.926

1.3. Liquidity of IX Acquisition Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if IX Acquisition Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Shell Companies industry mean).
  • A Current Ratio of 0.01 means the company has $0.01 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of IX Acquisition Corp:

  • The MRQ is 0.013. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.179. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.013TTM0.179-0.166
TTM0.179YOY1.490-1.311
TTM0.1795Y0.683-0.503
5Y0.68310Y0.6830.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0130.062-0.049
TTM0.1790.255-0.076
YOY1.4902.373-0.883
5Y0.6831.963-1.280
10Y0.6831.832-1.149
1.3.2. Quick Ratio

Measures if IX Acquisition Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare IX Acquisition Corp to the Shell Companies industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of IX Acquisition Corp:

  • The MRQ is 0.004. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.031. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.004TTM0.031-0.027
TTM0.031YOY2.762-2.731
TTM0.0315Y1.127-1.096
5Y1.12710Y1.1270.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0040.179-0.175
TTM0.0310.715-0.684
YOY2.7622.991-0.229
5Y1.1273.956-2.829
10Y1.1274.007-2.880

1.4. Solvency of IX Acquisition Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of IX Acquisition Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare IX Acquisition Corp to Shell Companies industry mean.
  • A Debt to Asset Ratio of 0.18 means that IX Acquisition Corp assets are financed with 17.8% credit (debt) and the remaining percentage (100% - 17.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of IX Acquisition Corp:

  • The MRQ is 0.178. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.116. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.178TTM0.116+0.062
TTM0.116YOY0.298-0.182
TTM0.1165Y0.358-0.242
5Y0.35810Y0.3580.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1780.283-0.105
TTM0.1160.199-0.083
YOY0.2980.065+0.233
5Y0.3580.310+0.048
10Y0.3580.314+0.044
1.4.2. Debt to Equity Ratio

Measures if IX Acquisition Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare IX Acquisition Corp to the Shell Companies industry mean.
  • A Debt to Equity ratio of 21.7% means that company has $0.22 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of IX Acquisition Corp:

  • The MRQ is 0.217. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.137. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.217TTM0.137+0.080
TTM0.137YOY13.929-13.793
TTM0.1375Y12.690-12.554
5Y12.69010Y12.6900.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2170.242-0.025
TTM0.1370.201-0.064
YOY13.9290.054+13.875
5Y12.6900.965+11.725
10Y12.6900.976+11.714

2. Market Valuation of IX Acquisition Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings IX Acquisition Corp generates.

  • Above 15 is considered overpriced but always compare IX Acquisition Corp to the Shell Companies industry mean.
  • A PE ratio of 59.52 means the investor is paying $59.52 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of IX Acquisition Corp:

  • The EOD is 61.047. Based on the earnings, the company is expensive. -2
  • The MRQ is 59.518. Based on the earnings, the company is expensive. -2
  • The TTM is 37.235. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD61.047MRQ59.518+1.529
MRQ59.518TTM37.235+22.284
TTM37.235YOY25.663+11.571
TTM37.2355Y25.159+12.076
5Y25.15910Y25.1590.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
EOD61.047-0.027+61.074
MRQ59.518-0.870+60.388
TTM37.2355.382+31.853
YOY25.663-3.983+29.646
5Y25.159-4.479+29.638
10Y25.159-4.416+29.575
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of IX Acquisition Corp:

  • The EOD is -105.886. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -103.234. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -289.718. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-105.886MRQ-103.234-2.652
MRQ-103.234TTM-289.718+186.485
TTM-289.718YOY-461.836+172.118
TTM-289.7185Y-300.622+10.903
5Y-300.62210Y-300.6220.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
EOD-105.886-75.422-30.464
MRQ-103.234-77.828-25.406
TTM-289.718-150.309-139.409
YOY-461.836-292.021-169.815
5Y-300.622-212.676-87.946
10Y-300.622-211.728-88.894
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of IX Acquisition Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Shell Companies industry mean).
  • A PB ratio of 2.73 means the investor is paying $2.73 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of IX Acquisition Corp:

  • The EOD is 2.805. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.735. Based on the equity, the company is underpriced. +1
  • The TTM is 1.905. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.805MRQ2.735+0.070
MRQ2.735TTM1.905+0.830
TTM1.905YOY7,727.635-7,725.729
TTM1.9055Y3,091.816-3,089.911
5Y3,091.81610Y3,091.8160.000
Compared to industry (Shell Companies)
PeriodCompanyIndustry (mean)+/- 
EOD2.8052.286+0.519
MRQ2.7352.292+0.443
TTM1.9052.067-0.162
YOY7,727.6351.242+7,726.393
5Y3,091.8161.458+3,090.358
10Y3,091.8161.497+3,090.319
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of IX Acquisition Corp.

3.1. Institutions holding IX Acquisition Corp

Institutions are holding 70.937% of the shares of IX Acquisition Corp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31First Trust Capital Management L.P.3.6510.3221380208275000261.387
2023-12-31Meteora Capital, LLC3.6510.74343802057753925.6187
2023-09-30RiverNorth Capital Management, LLC3.6010.21237500000
2023-12-31Wolverine Asset Management LLC2.46290.0243256481-110191-30.0517
2023-12-31Berkley W R Corp2.34450.19482441467469444.0797
2023-12-31Westchester Capital Management LLC2.01660.0812209999-210001-50.0002
2023-12-31Mizuho Securities USA Inc2.01350.0537209682-97292-31.6939
2023-12-31Magnetar Financial LLC1.440401500001500000
2023-12-31Periscope Capital Inc.0.96030.1864100000-91110-47.6741
2023-12-31LMR Partners LLP0.96030.0126100000-200000-66.6667
2023-12-31Karpus Management Inc0.73990.025977050-16100-17.284
2023-12-31Glazer Capital, LLC0.59470.070561932-120925-66.1309
2023-12-31Fir Tree Inc0.12860.024513394-513147-97.4562
2023-12-31Quarry LP0.03520.0063366800
2023-12-31Tower Research Capital LLC0.00210217117117
2023-09-30Susquehanna International Group, LLP000-10230-100
2023-12-31Fisher Asset Management, LLC000-11000-100
2023-12-31SkyView Investment Advisors, LLC000-30000-100
2023-12-31Spartan Fund Management Inc.000-54304-100
2023-09-30UBS Group AG000-2177-100
Total 24.6021.95772561982-889127-34.7%

3.2. Funds holding IX Acquisition Corp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31First Trust Merger Arbitrage Cl I3.50420.2439364918265679267.7163
2023-12-31The Merger Fund A1.87540.0799195300-195300-50
2023-12-31Karpus Taxable Fixed Income0.64530.113367200-16100-19.3277
2023-12-31Karpus Conservative Balanced0.52790.054254975-7075-11.4021
2023-12-31First Trust Multi-Strategy Cl I0.10760.0568112097538205.3391
2023-12-31The Merger Fund VL I0.09560.359959-9960-50.0025
2024-01-31Fidelity Nasdaq Composite Index0.08840.0007920900
2023-12-31JNL Multi-Manager Alternative A0.04550.00534740-4741-50.0053
2023-12-31Karpus Growth Balanced0.04010.0065417500
2023-12-31Karpus Tax Sensitive Fixed Income0.02880.0038300000
Total 6.95880.9144724685+40041+5.5%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of IX Acquisition Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.749-0.910+22%1.906-139%0.399-288%0.399-288%
Book Value Per Share--3.9866.027-34%3.798+5%3.930+1%3.930+1%
Current Ratio--0.0130.179-93%1.490-99%0.683-98%0.683-98%
Debt To Asset Ratio--0.1780.116+53%0.298-40%0.358-50%0.358-50%
Debt To Equity Ratio--0.2170.137+59%13.929-98%12.690-98%12.690-98%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0460.093-51%0.161-72%0.102-55%0.102-55%
Free Cash Flow Per Share---0.026-0.013-49%-0.015-43%-0.013-52%-0.013-52%
Free Cash Flow To Equity Per Share--0.037-7.067+18974%4.432-99%-1.171+3228%-1.171+3228%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap96884091.200-17%113509558.900198059894.825-43%282037500.000-60%192038957.930-41%192038957.930-41%
Net Profit Margin----0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio2.805+3%2.7351.905+44%7727.635-100%3091.816-100%3091.816-100%
Pe Ratio61.047+3%59.51837.235+60%25.663+132%25.159+137%25.159+137%
Price Per Share11.180+3%10.90010.471+4%9.810+11%8.113+34%8.113+34%
Price To Free Cash Flow Ratio-105.886-3%-103.234-289.718+181%-461.836+347%-300.622+191%-300.622+191%
Price To Total Gains Ratio-14.929-3%-14.55544.058-133%513.550-103%278.804-105%278.804-105%
Quick Ratio--0.0040.031-86%2.762-100%1.127-100%1.127-100%
Return On Assets--0.0090.017-46%26.035-100%10.418-100%10.418-100%
Return On Equity--0.0110.020-43%297.530-100%118.932-100%118.932-100%
Total Gains Per Share---0.749-0.910+22%1.906-139%0.399-288%0.399-288%
Usd Book Value--41505728.000131220096.500-68%109192880.770-62%96167516.008-57%96167516.008-57%
Usd Book Value Change Per Share---0.749-0.910+22%1.906-139%0.399-288%0.399-288%
Usd Book Value Per Share--3.9866.027-34%3.798+5%3.930+1%3.930+1%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0460.093-51%0.161-72%0.102-55%0.102-55%
Usd Free Cash Flow---274885.000-185943.500-32%-435431.250+58%-248686.400-10%-248686.400-10%
Usd Free Cash Flow Per Share---0.026-0.013-49%-0.015-43%-0.013-52%-0.013-52%
Usd Free Cash Flow To Equity Per Share--0.037-7.067+18974%4.432-99%-1.171+3228%-1.171+3228%
Usd Market Cap96884091.200-17%113509558.900198059894.825-43%282037500.000-60%192038957.930-41%192038957.930-41%
Usd Price Per Share11.180+3%10.90010.471+4%9.810+11%8.113+34%8.113+34%
Usd Profit--476784.0002083190.750-77%9629478.250-95%4684060.400-90%4684060.400-90%
Usd Revenue----0%-0%-0%-0%
Usd Total Gains Per Share---0.749-0.910+22%1.906-139%0.399-288%0.399-288%
 EOD+2 -6MRQTTM+7 -22YOY+7 -225Y+8 -2110Y+8 -21

4.2. Fundamental Score

Let's check the fundamental score of IX Acquisition Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1561.047
Price to Book Ratio (EOD)Between0-12.805
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.004
Current Ratio (MRQ)Greater than10.013
Debt to Asset Ratio (MRQ)Less than10.178
Debt to Equity Ratio (MRQ)Less than10.217
Return on Equity (MRQ)Greater than0.150.011
Return on Assets (MRQ)Greater than0.050.009
Total2/10 (20.0%)

4.3. Technical Score

Let's check the technical score of IX Acquisition Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5078.443
Ma 20Greater thanMa 5011.147
Ma 50Greater thanMa 10011.126
Ma 100Greater thanMa 20011.063
OpenGreater thanClose11.180
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets50,498
Total Liabilities8,992
Total Stockholder Equity41,506
 As reported
Total Liabilities 8,992
Total Stockholder Equity+ 41,506
Total Assets = 50,498

Assets

Total Assets50,498
Total Current Assets32
Long-term Assets50,466
Total Current Assets
Cash And Cash Equivalents 10
Other Current Assets 21
Total Current Assets  (as reported)32
Total Current Assets  (calculated)32
+/-0
Long-term Assets
Long-term Assets Other 50,466
Long-term Assets  (as reported)50,466
Long-term Assets  (calculated)50,466
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,383
Long-term Liabilities6,610
Total Stockholder Equity41,506
Total Current Liabilities
Short-term Debt 1,355
Short Long Term Debt 1,355
Other Current Liabilities 1,028
Total Current Liabilities  (as reported)2,383
Total Current Liabilities  (calculated)3,737
+/- 1,355
Long-term Liabilities
Long-term Liabilities  (as reported)6,610
Long-term Liabilities  (calculated)0
+/- 6,610
Total Stockholder Equity
Common Stock50,467
Retained Earnings -11,695
Other Stockholders Equity 2,734
Total Stockholder Equity (as reported)41,506
Total Stockholder Equity (calculated)41,506
+/-0
Other
Capital Stock50,467
Cash and Short Term Investments 10
Common Stock Shares Outstanding 10,414
Liabilities and Stockholders Equity 50,498
Net Debt 1,345
Net Invested Capital 42,860
Net Working Capital -2,351
Short Long Term Debt Total 1,355



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302020-12-31
> Total Assets 
110
222
533
0
232
232,208
233,132
234,669
234,669
49,547
50,498
50,49849,547234,669234,669233,132232,2082320533222110
   > Total Current Assets 
0
13
45
900
1
594
512
304
304
207
32
32207304304512594190045130
       Cash And Cash Equivalents 
0
13
17
0
1
296
235
70
70
100
10
1010070702352961017130
       Net Receivables 
0
0
0
3
3
3
0
0
0
0
0
00000333000
       Other Current Assets 
0
0
29
3
0
298
277
0
234
107
21
211072340277298032900
   > Long-term Assets 
110
209
488
0
231
231,614
232,620
234,364
234,364
49,340
50,466
50,46649,340234,364234,364232,620231,6142310488209110
       Long-term Assets Other 
110
209
488
0
0
69
4
234,364
234,364
49,340
50,466
50,46649,340234,364234,36446900488209110
> Total Liabilities 
90
208
524
0
20
14,892
13,898
13,496
13,496
8,518
8,992
8,9928,51813,49613,49613,89814,89220052420890
   > Total Current Liabilities 
90
208
524
397
0
713
865
1,023
1,023
1,909
2,383
2,3831,9091,0231,023865713039752420890
       Short-term Debt 
0
137
168
0
0
0
0
0
0
690
1,355
1,3556900000001681370
       Short Long Term Debt 
0
137
168
0
0
0
0
0
0
690
1,355
1,3556900000001681370
       Accounts payable 
0
0
32
16
0
3
16
32
32
152
0
015232321630163200
       Other Current Liabilities 
90
72
324
6
0
640
845
0
990
1,067
1,028
1,0281,0679900845640063247290
   > Long-term Liabilities 
0
0
0
0
20
14,180
13,033
12,473
12,473
6,610
6,610
6,6106,61012,47312,47313,03314,180200000
       Warrants
0
0
0
0
231,191
231,545
232,616
0
234,364
49,340
0
049,340234,3640232,616231,545231,1910000
       Other Liabilities 
0
0
0
251,141
247,120
245,724
245,649
246,837
0
55,950
0
055,9500246,837245,649245,724247,120251,141000
       Deferred Long Term Liability 
0
0
488
0
0
0
0
0
0
0
0
0000000048800
> Total Stockholder Equity
20
14
9
0
-19
217,316
219,234
221,173
221,173
41,029
41,506
41,50641,029221,173221,173219,234217,316-19091420
   Common Stock
1
1
1
1
231,191
231,545
232,617
1
234,365
49,341
50,467
50,46749,341234,3651232,617231,545231,1911111
   Retained Earnings -11,695-12,172-13,192-13,192-13,383-14,229-19-19,266-16-11-6
   Capital Surplus 
0
0
0
0
0
0
0
0
0
3,860
0
03,860000000000
   Treasury Stock00000000000
   Other Stockholders Equity 
24
24
24
-20
0
1
1
0
0
3,860
2,734
2,7343,86000110-20242424



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue0
Cost of Revenue--
Gross Profit-0
 
Operating Income (+$)
Gross Profit-
Operating Expense-1,042
Operating Income-1,042-1,042
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense1,0420
 
Net Interest Income (+$)
Interest Income1
Interest Expense--
Other Finance Cost-0
Net Interest Income1
 
Pretax Income (+$)
Operating Income-1,042
Net Interest Income1
Other Non-Operating Income Expenses-
Income Before Tax (EBT)5,544-7,628
EBIT - interestExpense = 0
5,544
5,544
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-5,544
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax5,544
Tax Provision--
Net Income From Continuing Ops5,5445,544
Net Income5,544
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net6,585-1
 

Technical Analysis of IX Acquisition Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of IX Acquisition Corp. The general trend of IX Acquisition Corp is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine IX Acquisition Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of IX Acquisition Corp.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 12.15.

The bearish price targets are: 11.12 > 11.12 > 11.12.

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IX Acquisition Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of IX Acquisition Corp. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

IX Acquisition Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of IX Acquisition Corp. The current macd is 0.01921601.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the IX Acquisition Corp price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for IX Acquisition Corp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the IX Acquisition Corp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
IX Acquisition Corp Daily Moving Average Convergence/Divergence (MACD) ChartIX Acquisition Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of IX Acquisition Corp. The current adx is 75.06.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy IX Acquisition Corp shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
IX Acquisition Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of IX Acquisition Corp. The current sar is 11.17.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
IX Acquisition Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of IX Acquisition Corp. The current rsi is 78.44. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -1/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
IX Acquisition Corp Daily Relative Strength Index (RSI) ChartIX Acquisition Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of IX Acquisition Corp. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the IX Acquisition Corp price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
IX Acquisition Corp Daily Stochastic Oscillator ChartIX Acquisition Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of IX Acquisition Corp. The current cci is 85.46.

IX Acquisition Corp Daily Commodity Channel Index (CCI) ChartIX Acquisition Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of IX Acquisition Corp. The current cmo is 54.06.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
IX Acquisition Corp Daily Chande Momentum Oscillator (CMO) ChartIX Acquisition Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of IX Acquisition Corp. The current willr is -25.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that IX Acquisition Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
IX Acquisition Corp Daily Williams %R ChartIX Acquisition Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of IX Acquisition Corp.

IX Acquisition Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of IX Acquisition Corp. The current atr is 0.00718791.

IX Acquisition Corp Daily Average True Range (ATR) ChartIX Acquisition Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of IX Acquisition Corp. The current obv is 3,405,600.

IX Acquisition Corp Daily On-Balance Volume (OBV) ChartIX Acquisition Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of IX Acquisition Corp. The current mfi is 95.14.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
IX Acquisition Corp Daily Money Flow Index (MFI) ChartIX Acquisition Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for IX Acquisition Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-14MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

IX Acquisition Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of IX Acquisition Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5078.443
Ma 20Greater thanMa 5011.147
Ma 50Greater thanMa 10011.126
Ma 100Greater thanMa 20011.063
OpenGreater thanClose11.180
Total4/5 (80.0%)
Penke

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