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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 2024-07-19 View latest technical analysis

10 day averaged volume of Open Text is 707720

Date Daily Closing Price Open High Low Volume
19 Fri Jul 2024 30.94 30.58 31.00 30.48 0.46 times
18 Thu Jul 2024 30.85 31.21 31.39 30.68 0.806 times
17 Wed Jul 2024 31.33 31.42 31.71 31.08 0.873 times
16 Tue Jul 2024 31.71 31.20 31.75 31.07 1.681 times
15 Mon Jul 2024 31.04 31.59 31.66 30.91 1.501 times
12 Fri Jul 2024 31.54 31.37 31.86 31.33 0.946 times
11 Thu Jul 2024 31.40 31.31 31.59 31.08 1.007 times
10 Wed Jul 2024 31.18 30.90 31.23 30.69 0.976 times
09 Tue Jul 2024 30.88 30.86 31.04 30.45 0.76 times
08 Mon Jul 2024 31.00 30.94 31.03 30.55 0.585 times

My analysis of stock is bullish for shortterm, and stock might move up till 31.4 or till 32.2. Use a stoploss of 30.72 and if this stock hits its stoploss, then it can fall down till 30.06

Share price targets for Open Text (OTEX)

Target Type Value
Downside Target 27.54
Downside Target 28.19
Downside Target 28.80
Downside Target 29.75
Upside Target 31.54
Upside Target 31.86
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 30.36
Downside Intraday Target 29.79
Upside Intraday Target 31.63
Upside Intraday Target 32.33
Upside Intraday Target 31.06

Weekly technical analysis of Open Text (OTEX)

Date Weekly Closing Price Open High Low Volume
19 Fri Jul 2024 30.94 31.59 31.75 30.48 1.245 times
12 Fri Jul 2024 31.54 30.94 31.86 30.45 2.689 times
05 Fri Jul 2024 30.96 30.95 31.54 30.91 0.739 times
03 Wed Jul 2024 31.10 30.22 31.54 29.75 0.502 times
28 Fri Jun 2024 30.04 29.50 30.15 28.80 1.076 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
19 Fri Jul 2024 30.94 30.22 31.86 29.75 0.602 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Open Text in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 31.25 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Open Text in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 31.25 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 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.

Daily charts

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Daily chart
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