(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 2024-03-27 View latest technical analysis
10 day averaged volume of Open Text is 466970
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 38.81 | 39.60 | 39.87 | 38.39 | 1.661 times |
26 Tue Mar 2024 | 39.38 | 39.25 | 39.76 | 39.15 | 0.815 times |
25 Mon Mar 2024 | 39.18 | 39.11 | 39.34 | 38.90 | 0.748 times |
22 Fri Mar 2024 | 39.13 | 39.72 | 39.87 | 39.03 | 0.623 times |
21 Thu Mar 2024 | 39.95 | 39.56 | 40.55 | 39.44 | 1.55 times |
20 Wed Mar 2024 | 39.30 | 38.38 | 39.43 | 38.34 | 0.876 times |
19 Tue Mar 2024 | 38.39 | 38.33 | 38.58 | 38.05 | 0.838 times |
18 Mon Mar 2024 | 38.60 | 38.59 | 38.97 | 38.35 | 0.689 times |
15 Fri Mar 2024 | 38.48 | 38.38 | 38.75 | 38.36 | 1.65 times |
14 Thu Mar 2024 | 38.76 | 39.25 | 39.25 | 38.40 | 0.972 times |
My analysis of stock is bullish for shortterm, and stock might move up till 39.4 or till 40. Use a stoploss of 38.8 and if this stock hits its stoploss, then it can fall down till 38.24
Share price targets for Open Text (OTEX)
Target Type | Value |
Downside Target | 33.19 |
Downside Target | 37.39 |
Upside Target | 39.52 |
Upside Target | 39.84 |
Upside Target | 39.87 |
Upside Target | 40.55 |
Upside Target | 41.56 |
Upside Target | 42.80 |
Upside Target | 44.57 |
Upside Target | 45.47 |
Intraday share price targets for Open Text (OTEX)
Target Type | Value |
Downside Intraday Target | 38.18 |
Downside Intraday Target | 37.54 |
Upside Intraday Target | 39.66 |
Upside Intraday Target | 40.5 |
Upside Intraday Target | 39.02 |
Weekly technical analysis of Open Text (OTEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 38.81 | 39.11 | 39.87 | 38.39 | 0.705 times |
22 Fri Mar 2024 | 39.13 | 38.59 | 40.55 | 38.05 | 0.833 times |
15 Fri Mar 2024 | 38.48 | 38.25 | 39.25 | 38.08 | 0.959 times |
08 Fri Mar 2024 | 38.42 | 39.08 | 39.84 | 37.39 | 0.76 times |
01 Fri Mar 2024 | 39.26 | 38.67 | 39.36 | 38.22 | 1.269 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 |
27 Wed Mar 2024 | 38.81 | 38.61 | 40.55 | 37.39 | 0.59 times |
29 Thu Feb 2024 | 38.49 | 43.81 | 45.47 | 37.81 | 1.502 times |
31 Wed Jan 2024 | 43.61 | 41.59 | 44.57 | 39.07 | 1.137 times |
29 Fri Dec 2023 | 42.02 | 40.16 | 42.80 | 39.52 | 0.701 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Open Text in short term but the buy 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 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 39.01 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Open Text in short term but the buy 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 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 39.01 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.