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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 2024-09-13 View latest technical analysis

10 day averaged volume of Open Text is 619806

Date Daily Closing Price Open High Low Volume
13 Fri Sep 2024 32.15 32.46 32.60 32.10 0.929 times
12 Thu Sep 2024 32.32 32.26 32.48 32.14 0.668 times
11 Wed Sep 2024 32.30 31.93 32.47 31.79 0.983 times
10 Tue Sep 2024 32.07 32.00 32.11 31.50 0.844 times
09 Mon Sep 2024 31.77 31.57 32.39 31.57 0.978 times
06 Fri Sep 2024 31.38 31.99 32.21 31.01 1.118 times
05 Thu Sep 2024 31.80 31.70 32.15 31.70 0.91 times
04 Wed Sep 2024 31.80 31.57 32.22 31.57 1.18 times
03 Tue Sep 2024 31.79 31.57 32.09 31.50 1.082 times
30 Fri Aug 2024 31.82 31.55 31.84 31.05 1.105 times

My analysis of stock is bullish for shortterm, and stock might move up till 32.4 or till 32.8. Use a stoploss of 32.05 and if this stock hits its stoploss, then it can fall down till 31.71

Share price targets for Open Text (OTEX)

Target Type Value
Downside Target 27.50
Downside Target 28.19
Downside Target 29.75
Downside Target 31.01
Downside Target 31.95
Upside Target 32.22
Upside Target 32.60
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 31.57
Downside Intraday Target 30.98
Upside Intraday Target 32.67
Upside Intraday Target 33.18
Downside Intraday Target 32.08

Weekly technical analysis of Open Text (OTEX)

Date Weekly Closing Price Open High Low Volume
13 Fri Sep 2024 32.15 31.57 32.60 31.50 1.026 times
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

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
13 Fri Sep 2024 32.15 31.57 32.60 31.01 0.33 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 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 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 short 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 short to mid 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Open Text in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Open Text is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.89 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 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 is giving positive 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 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 short 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 short to mid 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Open Text in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Open Text is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.89 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 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 is giving positive 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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