(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 2024-09-16 View latest technical analysis
10 day averaged volume of Open Text is 607236
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 32.13 | 32.10 | 32.36 | 31.74 | 0.925 times |
| 13 Fri Sep 2024 | 32.15 | 32.46 | 32.60 | 32.10 | 0.948 times |
| 12 Thu Sep 2024 | 32.32 | 32.26 | 32.48 | 32.14 | 0.682 times |
| 11 Wed Sep 2024 | 32.30 | 31.93 | 32.47 | 31.79 | 1.004 times |
| 10 Tue Sep 2024 | 32.07 | 32.00 | 32.11 | 31.50 | 0.862 times |
| 09 Mon Sep 2024 | 31.77 | 31.57 | 32.39 | 31.57 | 0.999 times |
| 06 Fri Sep 2024 | 31.38 | 31.99 | 32.21 | 31.01 | 1.141 times |
| 05 Thu Sep 2024 | 31.80 | 31.70 | 32.15 | 31.70 | 0.929 times |
| 04 Wed Sep 2024 | 31.80 | 31.57 | 32.22 | 31.57 | 1.205 times |
| 03 Tue Sep 2024 | 31.79 | 31.57 | 32.09 | 31.50 | 1.104 times |
My analysis of stock is bullish for shortterm, and stock might move up till 32.4 or till 32.7. Use a stoploss of 32.03 and if this stock hits its stoploss, then it can fall down till 31.7
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 |
| Upside Target | 32.22 |
| Upside Target | 32.36 |
| Upside Target | 32.60 |
| Upside Target | 32.97 |
| Upside Target | 35.97 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 31.79 |
| Downside Intraday Target | 31.46 |
| Upside Intraday Target | 32.41 |
| Upside Intraday Target | 32.7 |
| Downside Intraday Target | 32.08 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 32.13 | 32.10 | 32.36 | 31.74 | 0.206 times |
| 13 Fri Sep 2024 | 32.15 | 31.57 | 32.60 | 31.50 | 1.026 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 |
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 |
| 16 Mon Sep 2024 | 32.13 | 31.57 | 32.60 | 31.01 | 0.365 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 gaining momentum.
MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 31.92 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 gaining momentum.
MACD generated a SELL signal for Open Text in short term but the sell signal is initial and weak.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 31.92 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.