(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 2024-08-28 View latest technical analysis
10 day averaged volume of Open Text is 604680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 32.01 | 32.38 | 32.93 | 32.00 | 1.154 times |
| 27 Tue Aug 2024 | 32.62 | 32.46 | 32.92 | 32.46 | 0.899 times |
| 26 Mon Aug 2024 | 32.67 | 32.68 | 32.97 | 32.58 | 0.788 times |
| 23 Fri Aug 2024 | 32.59 | 32.00 | 32.64 | 31.88 | 0.754 times |
| 22 Thu Aug 2024 | 31.86 | 32.26 | 32.28 | 31.78 | 0.905 times |
| 21 Wed Aug 2024 | 32.14 | 31.83 | 32.19 | 31.73 | 1.124 times |
| 20 Tue Aug 2024 | 31.75 | 32.20 | 32.38 | 31.69 | 1.09 times |
| 19 Mon Aug 2024 | 32.45 | 32.02 | 32.50 | 31.93 | 1.099 times |
| 16 Fri Aug 2024 | 31.99 | 31.62 | 32.16 | 31.62 | 1.203 times |
| 15 Thu Aug 2024 | 31.78 | 31.39 | 31.89 | 31.34 | 1.212 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 32.4 as stoploss in an intra day sell trade for a target of 30.96. However, stock will show a bullish move above 32.4.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.50 |
| Downside Target | 29.74 |
| Downside Target | 31.69 |
| Downside Target | 32.00 |
| Upside Target | 32.16 |
| Upside Target | 32.64 |
| Upside Target | 32.97 |
| Upside Target | 34.26 |
| Upside Target | 35.97 |
| Upside Target | 39.00 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 31.68 |
| Downside Intraday Target | 31.36 |
| Upside Intraday Target | 32.65 |
| Upside Intraday Target | 33.3 |
| Upside Intraday Target | 32.33 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 32.01 | 32.68 | 32.97 | 32.00 | 0.572 times |
| 23 Fri Aug 2024 | 32.59 | 32.02 | 32.64 | 31.69 | 0.935 times |
| 16 Fri Aug 2024 | 31.99 | 30.28 | 32.16 | 29.74 | 0.783 times |
| 09 Fri Aug 2024 | 30.22 | 27.66 | 30.40 | 27.50 | 1.269 times |
| 02 Fri Aug 2024 | 28.49 | 31.51 | 31.95 | 27.84 | 1.614 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 |
| 28 Wed Aug 2024 | 32.01 | 31.58 | 32.97 | 27.50 | 1.065 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 |
| 31 Fri May 2024 | 29.25 | 35.31 | 35.97 | 28.19 | 1.282 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Open Text in short term and the buy signal is strong.
Open Text Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and selling is picking up 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 32.15 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Open Text in short term and the buy signal is strong.
Open Text Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and selling is picking up 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 32.15 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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.