Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-28 View latest technical analysis

10 day averaged volume of Open Text is 365060

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	33.75	33.50	33.79	33.36	1.483 times
25 Fri Oct 2024	33.28	33.39	33.68	33.18	0.982 times
24 Thu Oct 2024	33.32	32.88	33.43	32.85	0.976 times
23 Wed Oct 2024	32.84	33.55	33.67	32.76	1.008 times
22 Tue Oct 2024	33.57	33.49	33.74	33.18	1.558 times
21 Mon Oct 2024	33.47	34.00	34.03	33.44	0.652 times
18 Fri Oct 2024	34.03	34.10	34.20	33.98	0.914 times
17 Thu Oct 2024	33.94	34.04	34.20	33.82	0.874 times
16 Wed Oct 2024	34.04	33.67	34.19	33.63	0.9 times
15 Tue Oct 2024	33.60	33.60	33.87	33.49	1.241 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 33.8 as stoploss in an intra day sell trade for a target of 33.44. However, stock will show a bullish move above 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
Downside Target	33.38
Downside Target	33.47
Downside Target	33.71
Upside Target	33.79
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	33.48
Downside Intraday Target	33.2
Upside Intraday Target	33.91
Upside Intraday Target	34.06
Downside Intraday Target	33.63

Weekly technical analysis of Open Text (OTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	33.75	33.50	33.79	33.36	0.287 times
25 Fri Oct 2024	33.28	34.00	34.03	32.76	1.073 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

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
28 Mon Oct 2024	33.75	33.26	34.20	32.42	0.656 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 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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 33.58 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.