(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 2024-11-21 View latest technical analysis
10 day averaged volume of Open Text is 802760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 29.18 | 29.01 | 29.44 | 28.98 | 0.712 times |
| 20 Wed Nov 2024 | 28.87 | 28.52 | 28.96 | 28.21 | 0.879 times |
| 19 Tue Nov 2024 | 28.56 | 28.01 | 28.57 | 27.89 | 1.467 times |
| 18 Mon Nov 2024 | 28.25 | 28.78 | 28.93 | 28.04 | 1.222 times |
| 15 Fri Nov 2024 | 28.83 | 28.86 | 28.92 | 28.50 | 0.781 times |
| 14 Thu Nov 2024 | 28.94 | 30.75 | 30.75 | 28.91 | 1.047 times |
| 13 Wed Nov 2024 | 30.49 | 30.04 | 30.55 | 29.95 | 0.758 times |
| 12 Tue Nov 2024 | 30.09 | 29.50 | 30.43 | 29.50 | 1.036 times |
| 11 Mon Nov 2024 | 29.73 | 29.21 | 30.01 | 29.21 | 0.839 times |
| 08 Fri Nov 2024 | 29.25 | 29.55 | 29.59 | 29.21 | 1.008 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 28.3 as stoploss in an intra day buy trade for a target of 30.11. However, stock will show a bearish move below 28.3.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.50 |
| Downside Target | 28.50 |
| Upside Target | 29.44 |
| Upside Target | 30.75 |
| Upside Target | 31.01 |
| Upside Target | 31.95 |
| Upside Target | 32.76 |
| Upside Target | 32.97 |
| Upside Target | 33.71 |
| Upside Target | 34.03 |
| Upside Target | 34.15 |
| Upside Target | 34.20 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 28.23 |
| Downside Intraday Target | 27.29 |
| Upside Intraday Target | 29.78 |
| Upside Intraday Target | 30.39 |
| Downside Intraday Target | 28.84 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 29.18 | 28.78 | 29.44 | 27.89 | 0.959 times |
| 15 Fri Nov 2024 | 28.83 | 29.21 | 30.75 | 28.50 | 0.869 times |
| 08 Fri Nov 2024 | 29.25 | 28.71 | 29.85 | 28.54 | 0.955 times |
| 01 Fri Nov 2024 | 28.98 | 33.50 | 34.15 | 28.68 | 2.285 times |
| 25 Fri Oct 2024 | 33.28 | 34.00 | 34.03 | 32.76 | 1.073 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 |
| 21 Thu Nov 2024 | 29.18 | 29.75 | 30.75 | 27.89 | 1.315 times |
| 31 Thu Oct 2024 | 30.00 | 33.26 | 34.20 | 29.82 | 0.874 times |
| 30 Mon Sep 2024 | 33.28 | 31.57 | 33.71 | 31.01 | 0.669 times |
| 30 Fri Aug 2024 | 31.82 | 31.58 | 32.97 | 27.50 | 1.26 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Open Text in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 29.14 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Open Text in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 29.14 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 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.