(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 2024-09-04 View latest technical analysis
10 day averaged volume of Open Text is 658635
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 31.80 | 31.57 | 32.22 | 31.57 | 1.111 times |
| 03 Tue Sep 2024 | 31.79 | 31.57 | 32.09 | 31.50 | 1.018 times |
| 30 Fri Aug 2024 | 31.82 | 31.55 | 31.84 | 31.05 | 1.04 times |
| 30 Fri Aug 2024 | 31.82 | 31.55 | 31.84 | 31.05 | 1.065 times |
| 29 Thu Aug 2024 | 31.89 | 32.23 | 32.45 | 31.81 | 1.714 times |
| 28 Wed Aug 2024 | 32.01 | 32.38 | 32.93 | 32.00 | 1.06 times |
| 27 Tue Aug 2024 | 32.62 | 32.46 | 32.92 | 32.46 | 0.825 times |
| 26 Mon Aug 2024 | 32.67 | 32.68 | 32.97 | 32.58 | 0.723 times |
| 23 Fri Aug 2024 | 32.59 | 32.00 | 32.64 | 31.88 | 0.692 times |
| 22 Thu Aug 2024 | 31.86 | 32.26 | 32.28 | 31.78 | 0.831 times |
My analysis of stock is bullish for shortterm, and stock might move up till 32.5 or till 33.5. Use a stoploss of 31.64 and if this stock hits its stoploss, then it can fall down till 30.82
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.50 |
| Downside Target | 28.19 |
| Downside Target | 29.74 |
| Downside Target | 31.05 |
| Upside Target | 31.95 |
| Upside Target | 32.16 |
| Upside Target | 32.22 |
| Upside Target | 32.64 |
| Upside Target | 32.97 |
| Upside Target | 35.97 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 31.46 |
| Downside Intraday Target | 31.12 |
| Upside Intraday Target | 32.18 |
| Upside Intraday Target | 32.56 |
| Upside Intraday Target | 31.84 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 31.80 | 31.57 | 32.22 | 31.50 | 2.047 times |
| 30 Fri Aug 2024 | 31.82 | 31.55 | 31.84 | 31.05 | 0.193 times |
| 30 Fri Aug 2024 | 31.82 | 32.68 | 32.97 | 31.05 | 1.18 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Open Text (OTEX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 31.80 | 31.57 | 32.22 | 31.50 | 0.086 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 |
| 28 Fri Jun 2024 | 30.04 | 29.26 | 30.15 | 27.54 | 0.829 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 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 neutral. A longer time frame might give a better analysis.
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.
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 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 but BUY 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
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 32.03 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 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 neutral. A longer time frame might give a better analysis.
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.
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 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 but BUY 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
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 32.03 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.