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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 2025-02-18 View latest technical analysis

10 day averaged volume of Open Text is 940880

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	27.83	28.45	28.47	27.70	1.02 times
14 Fri Feb 2025	28.41	28.78	28.80	28.38	0.608 times
13 Thu Feb 2025	28.72	28.46	28.73	28.30	1.017 times
12 Wed Feb 2025	28.30	28.37	28.43	27.83	1.287 times
11 Tue Feb 2025	28.66	28.50	28.90	28.46	0.95 times
10 Mon Feb 2025	28.89	28.00	29.25	27.87	1.347 times
07 Fri Feb 2025	27.86	30.83	31.75	27.78	1.643 times
06 Thu Feb 2025	29.53	30.19	30.44	29.33	1.171 times
05 Wed Feb 2025	30.39	29.47	30.45	29.33	0.649 times
04 Tue Feb 2025	29.37	29.23	29.53	29.23	0.415 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.3, but if it comes above 28.3, then a intra day buy could be more profitable.
If you take a sell trade below 28.3, then use 28.3 as stoploss and 27.5 as target. However if you take a buy trade in stock , then use 28.3 as stoploss and 28.9 as target.

Share price targets for Open Text (OTEX)

Target Type	Value
Downside Target	26.84
Downside Target	27.70
Upside Target	29.25
Upside Target	29.82
Upside Target	30.31
Upside Target	30.75
Upside Target	31.07
Upside Target	31.75
Upside Target	34.20

Intraday share price targets for Open Text (OTEX)

Target Type	Value
Downside Intraday Target	27.53
Downside Intraday Target	27.23
Upside Intraday Target	28.3
Upside Intraday Target	28.77
Upside Intraday Target	28

Weekly technical analysis of Open Text (OTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	27.83	28.45	28.47	27.70	0.196 times
14 Fri Feb 2025	28.41	28.00	29.25	27.83	1.087 times
07 Fri Feb 2025	27.86	28.50	31.75	27.78	1.656 times
31 Fri Jan 2025	29.44	28.42	30.31	28.33	1.127 times
24 Fri Jan 2025	28.84	28.09	28.97	27.93	6.579 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
18 Tue Feb 2025	27.83	28.50	31.75	27.70	0.843 times
31 Fri Jan 2025	29.44	28.47	30.31	26.84	1.155 times
31 Tue Dec 2024	28.32	30.70	31.07	27.05	0.73 times
26 Tue Nov 2024	30.02	29.75	30.75	27.89	1.532 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Open Text ( (OTEX) ) based on a mid to longer 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.

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 and the sell signal is strong.

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 red color and prices are below the red 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 28.66 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.