42C.SI iX Biopharma 4.71% intraday (SES) 07 Feb 2026: volume spike hints upside

We see iX Biopharma Ltd. (42C.SI stock) trading at S$0.20 on the Singapore Exchange (SES), up 4.71% intraday on 07 Feb 2026 on a volume surge of 43,305,700 shares. The move follows a stretch of strong relative performance — the 50-day average price is S$0.15 and the 200-day average is S$0.07. For most-active traders this session, the combination of heavy turnover and overbought technicals creates short-term opportunity and risk that we outline below.