(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 2024-09-06 View latest technical analysis
10 day averaged volume of Open Text is 665524
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 31.38 | 31.99 | 32.21 | 31.01 | 1.041 times |
| 05 Thu Sep 2024 | 31.80 | 31.70 | 32.15 | 31.70 | 0.847 times |
| 04 Wed Sep 2024 | 31.80 | 31.57 | 32.22 | 31.57 | 1.099 times |
| 03 Tue Sep 2024 | 31.79 | 31.57 | 32.09 | 31.50 | 1.007 times |
| 30 Fri Aug 2024 | 31.82 | 31.55 | 31.84 | 31.05 | 1.029 times |
| 30 Fri Aug 2024 | 31.82 | 31.55 | 31.84 | 31.05 | 1.054 times |
| 29 Thu Aug 2024 | 31.89 | 32.23 | 32.45 | 31.81 | 1.697 times |
| 28 Wed Aug 2024 | 32.01 | 32.38 | 32.93 | 32.00 | 1.049 times |
| 27 Tue Aug 2024 | 32.62 | 32.46 | 32.92 | 32.46 | 0.817 times |
| 26 Mon Aug 2024 | 32.67 | 32.68 | 32.97 | 32.58 | 0.716 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 31.1 as stoploss in an intra day buy trade for a target of 31.79. However, stock will show a bearish move below 31.1.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.50 |
| Downside Target | 28.19 |
| Downside Target | 29.74 |
| Downside Target | 31.01 |
| Upside Target | 31.69 |
| Upside Target | 32.16 |
| Upside Target | 32.22 |
| Upside Target | 32.64 |
| Upside Target | 32.97 |
| Upside Target | 35.97 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 30.85 |
| Downside Intraday Target | 30.33 |
| Upside Intraday Target | 32.06 |
| Upside Intraday Target | 32.75 |
| Upside Intraday Target | 31.54 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 31.38 | 31.57 | 32.22 | 31.01 | 3.882 times |
| 30 Fri Aug 2024 | 31.82 | 31.55 | 31.84 | 31.05 | 0.193 times |
| 30 Fri Aug 2024 | 31.82 | 32.68 | 32.97 | 31.05 | 1.18 times |
| 23 Fri Aug 2024 | 32.59 | 32.02 | 32.64 | 31.69 | 0.935 times |
| 16 Fri Aug 2024 | 31.99 | 30.28 | 32.16 | 29.74 | 0.783 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Open Text (OTEX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 31.38 | 31.57 | 32.22 | 31.01 | 0.163 times |
| 30 Fri Aug 2024 | 31.82 | 31.58 | 32.97 | 27.50 | 1.26 times |
| 31 Wed Jul 2024 | 31.53 | 30.22 | 31.95 | 29.75 | 0.825 times |
| 28 Fri Jun 2024 | 30.04 | 29.26 | 30.15 | 27.54 | 0.829 times |
Scroll below to view daily charts
Price has moved down 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
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 31.92 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
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 31.92 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.