(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.