(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 2024-11-25 View latest technical analysis
10 day averaged volume of Open Text is 737900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 30.28 | 29.76 | 30.31 | 29.66 | 1.037 times |
| 22 Fri Nov 2024 | 29.45 | 29.18 | 29.59 | 29.08 | 0.491 times |
| 21 Thu Nov 2024 | 29.18 | 29.01 | 29.44 | 28.98 | 0.774 times |
| 20 Wed Nov 2024 | 28.87 | 28.52 | 28.96 | 28.21 | 0.956 times |
| 19 Tue Nov 2024 | 28.56 | 28.01 | 28.57 | 27.89 | 1.595 times |
| 18 Mon Nov 2024 | 28.25 | 28.78 | 28.93 | 28.04 | 1.33 times |
| 15 Fri Nov 2024 | 28.83 | 28.86 | 28.92 | 28.50 | 0.849 times |
| 14 Thu Nov 2024 | 28.94 | 30.75 | 30.75 | 28.91 | 1.139 times |
| 13 Wed Nov 2024 | 30.49 | 30.04 | 30.55 | 29.95 | 0.824 times |
| 12 Tue Nov 2024 | 30.09 | 29.50 | 30.43 | 29.50 | 1.127 times |
My analysis of stock is bullish for shortterm, and stock might move up till 31.2 or till 33. Use a stoploss of 29.74 and if this stock hits its stoploss, then it can fall down till 28.27
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.50 |
| Downside Target | 28.50 |
| Downside Target | 29.59 |
| Upside Target | 30.75 |
| Upside Target | 31.01 |
| Upside Target | 31.95 |
| Upside Target | 32.97 |
| Upside Target | 33.71 |
| Upside Target | 34.15 |
| Upside Target | 34.20 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 29.86 |
| Downside Intraday Target | 29.43 |
| Upside Intraday Target | 30.51 |
| Upside Intraday Target | 30.73 |
| Downside Intraday Target | 30.08 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 30.28 | 29.76 | 30.31 | 29.66 | 0.202 times |
| 22 Fri Nov 2024 | 29.45 | 28.78 | 29.59 | 27.89 | 1.061 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 |
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 |
| 25 Mon Nov 2024 | 30.28 | 29.75 | 30.75 | 27.89 | 1.434 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Open Text in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 but selling is losing 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 29.21 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 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Open Text in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 but selling is losing 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 29.21 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.