(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 2024-10-24 View latest technical analysis
10 day averaged volume of Open Text is 348600
Date | Daily Closing Price | Open | High | Low | Volume |
24 Thu Oct 2024 | 33.32 | 32.88 | 33.43 | 32.85 | 1.022 times |
23 Wed Oct 2024 | 32.84 | 33.55 | 33.67 | 32.76 | 1.055 times |
22 Tue Oct 2024 | 33.57 | 33.49 | 33.74 | 33.18 | 1.631 times |
21 Mon Oct 2024 | 33.47 | 34.00 | 34.03 | 33.44 | 0.683 times |
18 Fri Oct 2024 | 34.03 | 34.10 | 34.20 | 33.98 | 0.958 times |
17 Thu Oct 2024 | 33.94 | 34.04 | 34.20 | 33.82 | 0.915 times |
16 Wed Oct 2024 | 34.04 | 33.67 | 34.19 | 33.63 | 0.942 times |
15 Tue Oct 2024 | 33.60 | 33.60 | 33.87 | 33.49 | 1.3 times |
14 Mon Oct 2024 | 33.62 | 33.89 | 33.90 | 33.38 | 0.937 times |
11 Fri Oct 2024 | 33.81 | 33.63 | 33.96 | 33.63 | 0.779 times |
My analysis of stock is bearish for shortterm, and stock might move down till 33 or till 32.5. Use a stoploss of 33.4 and if the stock hits stoploss, then it can shoot up till 33.8
Share price targets for Open Text (OTEX)
Target Type | Value |
Downside Target | 27.50 |
Downside Target | 29.75 |
Downside Target | 31.01 |
Downside Target | 31.95 |
Upside Target | 33.38 |
Upside Target | 33.47 |
Upside Target | 33.71 |
Upside Target | 33.96 |
Upside Target | 34.03 |
Upside Target | 34.20 |
Intraday share price targets for Open Text (OTEX)
Target Type | Value |
Downside Intraday Target | 32.71 |
Downside Intraday Target | 32.1 |
Upside Intraday Target | 33.98 |
Upside Intraday Target | 34.64 |
Upside Intraday Target | 33.37 |
Weekly technical analysis of Open Text (OTEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
24 Thu Oct 2024 | 33.32 | 34.00 | 34.03 | 32.76 | 0.869 times |
18 Fri Oct 2024 | 34.03 | 33.89 | 34.20 | 33.38 | 1.143 times |
11 Fri Oct 2024 | 33.81 | 33.06 | 33.96 | 32.75 | 0.872 times |
04 Fri Oct 2024 | 33.18 | 32.87 | 33.47 | 32.42 | 0.802 times |
27 Fri Sep 2024 | 33.09 | 32.78 | 33.71 | 32.56 | 0.743 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 |
24 Thu Oct 2024 | 33.32 | 33.26 | 34.20 | 32.42 | 0.574 times |
30 Mon Sep 2024 | 33.28 | 31.57 | 33.71 | 31.01 | 0.669 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 |
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 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 short 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 short to mid 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 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 losing momentum.
MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.
Open Text Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Open Text in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 33.61 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 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 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 short 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 short to mid 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 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 losing momentum.
MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.
Open Text Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Open Text in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 33.61 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.