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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 2024-07-30 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.

Daily charts

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Daily chart
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