(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 2024-07-01 View latest technical analysis
10 day averaged volume of Open Text is 775830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Jul 2024 | 30.08 | 30.22 | 30.33 | 29.87 | 0.432 times |
| 28 Fri Jun 2024 | 30.04 | 30.01 | 30.15 | 29.88 | 0.921 times |
| 27 Thu Jun 2024 | 29.85 | 29.59 | 30.08 | 29.02 | 0.91 times |
| 26 Wed Jun 2024 | 29.65 | 29.58 | 29.77 | 29.17 | 0.625 times |
| 25 Tue Jun 2024 | 29.76 | 29.39 | 29.80 | 28.80 | 0.667 times |
| 24 Mon Jun 2024 | 29.39 | 29.50 | 29.76 | 29.19 | 0.785 times |
| 21 Fri Jun 2024 | 29.69 | 29.16 | 29.83 | 28.92 | 1.791 times |
| 20 Thu Jun 2024 | 29.10 | 28.83 | 29.30 | 28.68 | 0.872 times |
| 18 Tue Jun 2024 | 28.90 | 29.20 | 29.47 | 28.74 | 0.97 times |
| 18 Tue Jun 2024 | 28.90 | 29.20 | 29.47 | 28.74 | 0.97 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.7, but if it comes below 29.7, then a intra day sell could be more profitable.
If you take a sell trade below 29.7, then use 29.7 as stoploss and 28.96 as target. However if you take a buy trade in stock , then use 29.7 as stoploss and 30.6 as target.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.54 |
| Downside Target | 28.19 |
| Upside Target | 30.15 |
| Upside Target | 30.33 |
| Upside Target | 34.26 |
| Upside Target | 35.97 |
| Upside Target | 37.39 |
| Upside Target | 39.00 |
| Upside Target | 40.55 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 29.86 |
| Downside Intraday Target | 29.63 |
| Upside Intraday Target | 30.32 |
| Upside Intraday Target | 30.55 |
| Upside Intraday Target | 30.09 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Jul 2024 | 30.08 | 30.22 | 30.33 | 29.87 | 0.111 times |
| 28 Fri Jun 2024 | 30.04 | 29.50 | 30.15 | 28.80 | 1.076 times |
| 21 Fri Jun 2024 | 29.69 | 29.20 | 29.83 | 28.68 | 1.478 times |
| 18 Tue Jun 2024 | 28.90 | 28.69 | 29.51 | 28.60 | 0.461 times |
| 14 Fri Jun 2024 | 28.78 | 27.60 | 29.26 | 27.54 | 1.094 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 |
| 01 Mon Jul 2024 | 30.08 | 30.22 | 30.33 | 29.87 | 0.021 times |
| 28 Fri Jun 2024 | 30.04 | 29.26 | 30.15 | 27.54 | 0.829 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 |
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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Open Text stock for short term is BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and selling is picking up 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 29.51 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Open Text stock for short term is BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and selling is picking up 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 29.51 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.