(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 2024-07-30 View latest technical analysis
10 day averaged volume of Open Text is 543484
Date | Daily Closing Price | Open | High | Low | Volume |
30 Tue Jul 2024 | 31.16 | 31.20 | 31.48 | 31.05 | 0.712 times |
29 Mon Jul 2024 | 31.15 | 31.51 | 31.55 | 30.98 | 1.334 times |
26 Fri Jul 2024 | 31.50 | 31.44 | 31.53 | 31.14 | 0.539 times |
25 Thu Jul 2024 | 31.15 | 30.84 | 31.73 | 30.67 | 1.058 times |
24 Wed Jul 2024 | 30.74 | 31.25 | 31.38 | 30.72 | 0.876 times |
23 Tue Jul 2024 | 31.39 | 31.14 | 31.58 | 31.14 | 0.722 times |
22 Mon Jul 2024 | 31.27 | 30.96 | 31.34 | 30.80 | 0.497 times |
19 Fri Jul 2024 | 30.94 | 30.58 | 31.00 | 30.48 | 0.6 times |
18 Thu Jul 2024 | 30.85 | 31.21 | 31.39 | 30.68 | 1.049 times |
17 Wed Jul 2024 | 31.33 | 31.42 | 31.71 | 31.08 | 1.136 times |
My analysis of stock is bearish for shortterm, and stock might move down till 30.9 or till 30.6. Use a stoploss of 31.17 and if the stock hits stoploss, then it can shoot up till 31.41
Share price targets for Open Text (OTEX)
Target Type | Value |
Downside Target | 27.54 |
Downside Target | 28.19 |
Downside Target | 29.75 |
Upside Target | 31.75 |
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 | 30.91 |
Downside Intraday Target | 30.66 |
Upside Intraday Target | 31.48 |
Upside Intraday Target | 31.8 |
Upside Intraday Target | 31.23 |
Weekly technical analysis of Open Text (OTEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Tue Jul 2024 | 31.16 | 31.51 | 31.55 | 30.98 | 0.554 times |
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 |
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 |
30 Tue Jul 2024 | 31.16 | 30.22 | 31.86 | 29.75 | 0.801 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 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 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 to mid 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 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 gaining momentum.
MACD generated a SELL signal for Open Text in short term
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 green color and prices are in or below 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 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 31.13 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 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 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 to mid 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 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 gaining momentum.
MACD generated a SELL signal for Open Text in short term
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 green color and prices are in or below 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 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 31.13 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.