(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 2024-12-10 View latest technical analysis
10 day averaged volume of Open Text is 653469
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 30.28 | 30.36 | 30.49 | 30.07 | 0.797 times |
| 09 Mon Dec 2024 | 30.58 | 30.70 | 31.07 | 30.55 | 0.632 times |
| 26 Tue Nov 2024 | 30.02 | 30.05 | 30.34 | 29.93 | 0.713 times |
| 26 Tue Nov 2024 | 30.02 | 30.05 | 30.34 | 29.93 | 0.713 times |
| 25 Mon Nov 2024 | 30.28 | 29.76 | 30.31 | 29.66 | 1.171 times |
| 22 Fri Nov 2024 | 29.45 | 29.18 | 29.59 | 29.08 | 0.554 times |
| 21 Thu Nov 2024 | 29.18 | 29.01 | 29.44 | 28.98 | 0.875 times |
| 20 Wed Nov 2024 | 28.87 | 28.52 | 28.96 | 28.21 | 1.08 times |
| 19 Tue Nov 2024 | 28.56 | 28.01 | 28.57 | 27.89 | 1.802 times |
| 18 Mon Nov 2024 | 28.25 | 28.78 | 28.93 | 28.04 | 1.502 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 30.1, but if it comes below 30.1, then a intra day sell could be more profitable.
If you take a sell trade below 30.1, then use 30.1 as stoploss and 29.46 as target. However if you take a buy trade in stock , then use 30.1 as stoploss and 31 as target.
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 | 31.07 |
| Upside Target | 32.97 |
| Upside Target | 33.71 |
| Upside Target | 34.20 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 29.88 |
| Downside Intraday Target | 29.47 |
| Upside Intraday Target | 30.88 |
| Upside Intraday Target | 31.47 |
| Upside Intraday Target | 30.47 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 30.28 | 30.70 | 31.07 | 30.07 | 2.006 times |
| 26 Tue Nov 2024 | 30.02 | 30.05 | 30.34 | 29.93 | 0.378 times |
| 26 Tue Nov 2024 | 30.02 | 29.76 | 30.34 | 29.66 | 0.324 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 |
Price has moved up 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 |
| 10 Tue Dec 2024 | 30.28 | 30.70 | 31.07 | 30.07 | 0.064 times |
| 26 Tue Nov 2024 | 30.02 | 29.75 | 30.75 | 27.89 | 1.532 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 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 red color and prices are in or above the red 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
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 29.34 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 neutral. A longer time frame might give a better analysis.
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 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 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 red color and prices are in or above the red 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
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 29.34 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.