Ancient runic use was for writing and charm rather than a fixed oracle. In the modern revival Ingwaz is read for gestation, potential held in reserve, fertility and a project or process quietly maturing toward release. These associations derive from the twentieth-century reconstructionist and esoteric tradition rather than from the ancient record, and are presented as a symbolic system, not a prediction.
Because the Old English Ing stanza is unusually narrative and obscure rather than descriptive, its exact original sense is less certain than for runes with more straightforward poem stanzas, and the modern divinatory keyword sense of Ingwaz as seed, gestation and latent potential draws chiefly on the reconstructed fertility-god associations of Ing and Freyr generally rather than on any detail actually stated in the single surviving stanza itself.
The Armanen-descended rune-magic tradition transmitted into English chiefly through Thorsson's work also treats Ingwaz as usable actively rather than only read passively: chanted aloud as galdr, or carved into wood, metal or a bind-rune combining several staves, for an intended practical effect. No source earlier than the twentieth century attests any such active magical use of this specific rune, and the practice should be understood as a modern reconstruction built on the reconstructed name and the rune poems rather than as a recovered ancient technique.