(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 2024-03-07 View latest technical analysis
10 day averaged volume of Open Text is 662150
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 38.64 | 37.90 | 38.71 | 37.83 | 0.879 times |
06 Wed Mar 2024 | 37.58 | 38.56 | 38.66 | 37.39 | 1.042 times |
05 Tue Mar 2024 | 37.89 | 39.21 | 39.41 | 37.87 | 0.919 times |
04 Mon Mar 2024 | 39.54 | 39.08 | 39.84 | 38.88 | 0.652 times |
01 Fri Mar 2024 | 39.26 | 38.61 | 39.36 | 38.22 | 0.591 times |
29 Thu Feb 2024 | 38.49 | 38.80 | 38.85 | 38.42 | 1.323 times |
28 Wed Feb 2024 | 38.68 | 38.99 | 38.99 | 38.48 | 0.719 times |
27 Tue Feb 2024 | 39.17 | 39.23 | 39.28 | 38.62 | 0.774 times |
26 Mon Feb 2024 | 38.46 | 38.67 | 38.91 | 38.30 | 1.906 times |
23 Fri Feb 2024 | 38.68 | 38.80 | 39.27 | 38.58 | 0.835 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 38.2 as stoploss in an intra day buy trade for a target of 39.3. However, stock will show a bearish move below 38.2.
Share price targets for Open Text (OTEX)
Target Type | Value |
Downside Target | 33.19 |
Downside Target | 37.39 |
Upside Target | 39.84 |
Upside Target | 40.22 |
Upside Target | 40.69 |
Upside Target | 41.56 |
Upside Target | 41.96 |
Upside Target | 42.80 |
Upside Target | 43.13 |
Upside Target | 44.57 |
Upside Target | 45.47 |
Intraday share price targets for Open Text (OTEX)
Target Type | Value |
Downside Intraday Target | 37.41 |
Downside Intraday Target | 36.17 |
Upside Intraday Target | 39.86 |
Upside Intraday Target | 41.07 |
Downside Intraday Target | 38.62 |
Weekly technical analysis of Open Text (OTEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 38.64 | 39.08 | 39.84 | 37.39 | 0.657 times |
01 Fri Mar 2024 | 39.26 | 38.67 | 39.36 | 38.22 | 1.269 times |
23 Fri Feb 2024 | 38.68 | 39.76 | 40.22 | 37.81 | 0.812 times |
16 Fri Feb 2024 | 39.98 | 41.77 | 41.96 | 38.62 | 0.871 times |
09 Fri Feb 2024 | 41.86 | 43.03 | 43.13 | 40.69 | 0.967 times |
Price has moved down 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 |
07 Thu Mar 2024 | 38.64 | 38.61 | 39.84 | 37.39 | 0.172 times |
29 Thu Feb 2024 | 38.49 | 43.81 | 45.47 | 37.81 | 1.502 times |
31 Wed Jan 2024 | 43.61 | 41.59 | 44.57 | 39.07 | 1.137 times |
29 Fri Dec 2023 | 42.02 | 40.16 | 42.80 | 39.52 | 0.701 times |
Scroll below to view daily charts
Price has moved up 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Open Text ( (OTEX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Open Text stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Open Text in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Open Text Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Open Text in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Open Text is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.55 and Open Text (OTEX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Open Text ( (OTEX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Open Text stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Open Text in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Open Text Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Open Text in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Open Text is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.55 and Open Text (OTEX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.