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(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 2024-06-17 View latest technical analysis

10 day averaged volume of Open Text is 792010

Date Daily Closing Price Open High Low Volume
17 Mon Jun 2024 29.32 28.69 29.51 28.60 1.458 times
14 Fri Jun 2024 28.78 28.56 28.84 28.21 1.259 times
13 Thu Jun 2024 28.59 28.84 28.89 28.52 0.879 times
12 Wed Jun 2024 28.82 28.65 29.26 28.37 0.844 times
11 Tue Jun 2024 28.33 28.20 28.33 27.88 0.978 times
10 Mon Jun 2024 28.27 27.60 28.43 27.54 1.265 times
07 Fri Jun 2024 27.70 28.01 28.14 27.61 0.925 times
06 Thu Jun 2024 28.17 28.02 28.45 28.00 1.005 times
05 Wed Jun 2024 28.09 28.01 28.22 27.97 1.12 times
04 Tue Jun 2024 27.83 28.76 28.79 27.71 1.046 times

My analysis of stock is bullish for shortterm, and stock might move up till 30.3 or till 31.5. Use a stoploss of 29.21 and if this stock hits its stoploss, then it can fall down till 28.16

Share price targets for Open Text (OTEX)

Target Type Value
Downside Target 27.54
Downside Target 28.19
Downside Target 29.26
Upside Target 30.14
Upside Target 31.27
Upside Target 34.26
Upside Target 35.97
Upside Target 37.39
Upside Target 37.81
Upside Target 39.00
Upside Target 40.55
Upside Target 45.47

Intraday share price targets for Open Text (OTEX)

Target Type Value
Downside Intraday Target 28.78
Downside Intraday Target 28.23
Upside Intraday Target 29.69
Upside Intraday Target 30.05
Downside Intraday Target 29.14

Weekly technical analysis of Open Text (OTEX)

Date Weekly Closing Price Open High Low Volume
17 Mon Jun 2024 29.32 28.69 29.51 28.60 0.279 times
14 Fri Jun 2024 28.78 27.60 29.26 27.54 1.094 times
07 Fri Jun 2024 27.70 29.26 29.46 27.61 1.374 times
31 Fri May 2024 29.25 30.07 30.14 28.48 1.307 times
23 Thu May 2024 30.35 30.41 31.27 30.28 0.769 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
17 Mon Jun 2024 29.32 29.26 29.51 27.54 0.48 times
31 Fri May 2024 29.25 35.31 35.97 28.19 1.282 times
30 Tue Apr 2024 35.31 39.00 39.00 34.26 1.522 times
28 Thu Mar 2024 38.83 38.61 40.55 37.39 0.617 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 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.

Price action analysis of Open Text ( (OTEX) ) based on a short 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.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Open Text in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Open Text in short term and BUY signal is strong.

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 28.43 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 rising upwards.

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 is giving positive 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 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.

Price action analysis of Open Text ( (OTEX) ) based on a short 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.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Open Text in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Open Text in short term and BUY signal is strong.

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 28.43 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 rising upwards.

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 is giving positive 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.

Daily charts

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