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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 2024-07-26 View latest technical analysis

10 day averaged volume of Open Text is 614834

Date Daily Closing Price Open High Low Volume
26 Fri Jul 2024 31.50 31.44 31.53 31.14 0.477 times
25 Thu Jul 2024 31.15 30.84 31.73 30.67 0.935 times
24 Wed Jul 2024 30.74 31.25 31.38 30.72 0.774 times
23 Tue Jul 2024 31.39 31.14 31.58 31.14 0.638 times
22 Mon Jul 2024 31.27 30.96 31.34 30.80 0.44 times
19 Fri Jul 2024 30.94 30.58 31.00 30.48 0.53 times
18 Thu Jul 2024 30.85 31.21 31.39 30.68 0.928 times
17 Wed Jul 2024 31.33 31.42 31.71 31.08 1.004 times
16 Tue Jul 2024 31.71 31.20 31.75 31.07 1.935 times
15 Mon Jul 2024 31.04 31.59 31.66 30.91 1.728 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.4, but if it comes below 31.4, then a intra day sell could be more profitable.
If you take a sell trade below 31.4, then use 31.4 as stoploss and 31.09 as target. However if you take a buy trade in stock , then use 31.4 as stoploss and 31.9 as target.

Share price targets for Open Text (OTEX)

Target Type Value
Downside Target 27.54
Downside Target 28.19
Downside Target 29.75
Upside Target 31.54
Upside Target 31.75
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 30.87
Downside Intraday Target 30.24
Upside Intraday Target 31.93
Upside Intraday Target 32.36
Downside Intraday Target 31.3

Weekly technical analysis of Open Text (OTEX)

Date Weekly Closing Price Open High Low Volume
26 Fri Jul 2024 31.50 30.96 31.73 30.67 0.533 times
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

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
26 Fri Jul 2024 31.50 30.22 31.86 29.75 0.73 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Open Text ( (OTEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Open Text ( (OTEX) ) based on a mid to longer 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.

ADX buy sell signal for Open Text stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 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 31.23 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Open Text ( (OTEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Open Text ( (OTEX) ) based on a mid to longer 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.

ADX buy sell signal for Open Text stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 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 31.23 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 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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