(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 2024-09-12 View latest technical analysis
10 day averaged volume of Open Text is 691336
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 32.32 | 32.26 | 32.48 | 32.14 | 0.599 times |
| 11 Wed Sep 2024 | 32.30 | 31.93 | 32.47 | 31.79 | 0.882 times |
| 10 Tue Sep 2024 | 32.07 | 32.00 | 32.11 | 31.50 | 0.757 times |
| 09 Mon Sep 2024 | 31.77 | 31.57 | 32.39 | 31.57 | 0.877 times |
| 06 Fri Sep 2024 | 31.38 | 31.99 | 32.21 | 31.01 | 1.002 times |
| 05 Thu Sep 2024 | 31.80 | 31.70 | 32.15 | 31.70 | 0.816 times |
| 04 Wed Sep 2024 | 31.80 | 31.57 | 32.22 | 31.57 | 1.058 times |
| 03 Tue Sep 2024 | 31.79 | 31.57 | 32.09 | 31.50 | 0.97 times |
| 30 Fri Aug 2024 | 31.82 | 31.55 | 31.84 | 31.05 | 0.991 times |
| 30 Fri Aug 2024 | 31.82 | 31.55 | 31.84 | 31.05 | 1.015 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 32.04. 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 | 28.19 |
| Downside Target | 29.75 |
| Downside Target | 31.01 |
| Downside Target | 31.95 |
| Downside Target | 32.22 |
| Upside Target | 32.48 |
| 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 | 31.72 |
| Downside Intraday Target | 31.12 |
| Upside Intraday Target | 32.7 |
| Upside Intraday Target | 33.08 |
| Downside Intraday Target | 32.1 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 32.32 | 31.57 | 32.48 | 31.50 | 0.81 times |
| 06 Fri Sep 2024 | 31.38 | 31.57 | 32.22 | 31.01 | 3.882 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 |
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 |
| 12 Thu Sep 2024 | 32.32 | 31.57 | 32.48 | 31.01 | 0.295 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid 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 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 BUY signal for Open Text in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Open Text Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 31.86 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.
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Open Text ( (OTEX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid 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 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 BUY signal for Open Text in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Open Text Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 31.86 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.