(OTEX) Open Text complete technical analysis [charts+indicators] | Buy/Sell Open Text | (OTEX) share price targets
Complete technical analysis of Open Text (OTEX) by charts plus indicators, forecast predictions and share price targets for Open Text (OTEX)
Open Text trades in USA in Technology sector.
Showing technical analysis as on 2024-01-09 View latest technical analysis
10 day averaged volume of Open Text is 357160
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 40.88 | 40.81 | 41.17 | 40.67 | 1.005 times |
08 Mon Jan 2024 | 41.29 | 40.15 | 41.31 | 40.14 | 0.861 times |
05 Fri Jan 2024 | 40.13 | 39.74 | 40.43 | 39.68 | 1.042 times |
04 Thu Jan 2024 | 39.74 | 39.82 | 40.13 | 39.64 | 2.076 times |
03 Wed Jan 2024 | 39.81 | 40.26 | 40.26 | 39.78 | 1.082 times |
02 Tue Jan 2024 | 40.65 | 41.59 | 41.59 | 40.53 | 1.29 times |
29 Fri Dec 2023 | 42.02 | 42.25 | 42.39 | 41.96 | 0.797 times |
29 Fri Dec 2023 | 42.02 | 42.25 | 42.39 | 41.96 | 0.797 times |
28 Thu Dec 2023 | 42.30 | 42.69 | 42.76 | 42.26 | 0.896 times |
27 Wed Dec 2023 | 42.60 | 42.50 | 42.80 | 42.33 | 0.882 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.5 as stoploss in an intra day buy trade for a target of 41.29. However, stock will show a bearish move below 40.5.
Share price targets for Open Text (OTEX)
Target Type | Value |
Downside Target | 32.04 |
Downside Target | 33.19 |
Downside Target | 34.29 |
Downside Target | 36.13 |
Downside Target | 39.52 |
Upside Target | 41.59 |
Upside Target | 41.96 |
Upside Target | 42.30 |
Upside Target | 42.39 |
Upside Target | 42.80 |
Intraday share price targets for Open Text (OTEX)
Target Type | Value |
Downside Intraday Target | 40.24 |
Downside Intraday Target | 39.61 |
Upside Intraday Target | 41.41 |
Upside Intraday Target | 41.95 |
Downside Intraday Target | 40.78 |
Weekly technical analysis of Open Text (OTEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 40.88 | 40.15 | 41.31 | 40.14 | 0.34 times |
05 Fri Jan 2024 | 40.13 | 41.59 | 41.59 | 39.64 | 6.89 times |
29 Fri Dec 2023 | 42.02 | 42.25 | 42.39 | 41.96 | 0.279 times |
29 Fri Dec 2023 | 42.02 | 42.39 | 42.80 | 41.96 | 0.453 times |
22 Fri Dec 2023 | 42.15 | 40.97 | 42.30 | 40.74 | 0.876 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Open Text (OTEX)
Date | Monthly Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 40.88 | 41.59 | 41.59 | 39.64 | 0.286 times |
29 Fri Dec 2023 | 42.02 | 40.16 | 42.80 | 39.52 | 0.701 times |
30 Thu Nov 2023 | 40.14 | 33.48 | 41.56 | 33.19 | 1.269 times |
31 Tue Oct 2023 | 33.40 | 35.02 | 36.13 | 32.04 | 1.019 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Open Text (OTEX)
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Open Text ( (OTEX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Open Text stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.
Open Text Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Open Text in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Open Text is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 40.91 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Open Text (OTEX) stock. Volume based technical analysis of Open Text (OTEX) stock is negative.
Open Text Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Open Text ( (OTEX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Open Text stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.
Open Text Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Open Text in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Open Text is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 40.91 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Open Text (OTEX) stock. Volume based technical analysis of Open Text (OTEX) stock is negative.
Open Text Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.