(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.
10 day averaged volume of Open Text is 587480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 29.53 | 30.19 | 30.44 | 29.33 | 1.875 times |
| 05 Wed Feb 2025 | 30.39 | 29.47 | 30.45 | 29.33 | 1.039 times |
| 04 Tue Feb 2025 | 29.37 | 29.23 | 29.53 | 29.23 | 0.665 times |
| 03 Mon Feb 2025 | 29.14 | 28.50 | 29.22 | 28.04 | 1.461 times |
| 31 Fri Jan 2025 | 29.44 | 30.11 | 30.31 | 29.41 | 1.226 times |
| 30 Thu Jan 2025 | 29.95 | 29.29 | 30.17 | 29.28 | 0.93 times |
| 29 Wed Jan 2025 | 29.23 | 29.30 | 29.51 | 28.94 | 0.745 times |
| 28 Tue Jan 2025 | 29.45 | 28.78 | 29.51 | 28.62 | 0.972 times |
| 27 Mon Jan 2025 | 28.67 | 28.42 | 28.99 | 28.33 | 0.762 times |
| 24 Fri Jan 2025 | 28.84 | 28.74 | 28.97 | 28.67 | 1.448 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.5, but if it comes below 29.5, then a intra day sell could be more profitable.
If you take a sell trade below 29.5, then use 29.5 as stoploss and 28.68 as target. However if you take a buy trade in stock , then use 29.5 as stoploss and 30.6 as target.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 26.84 |
| Downside Target | 27.71 |
| Downside Target | 28.97 |
| Upside Target | 29.82 |
| Upside Target | 30.31 |
| Upside Target | 30.45 |
| Upside Target | 30.75 |
| Upside Target | 31.07 |
| Upside Target | 34.20 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 28.23 |
| Downside Intraday Target | 26.93 |
| Upside Intraday Target | 30.64 |
| Upside Intraday Target | 31.75 |
| Downside Intraday Target | 29.34 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 29.53 | 28.50 | 30.45 | 28.04 | 1.088 times |
| 31 Fri Jan 2025 | 29.44 | 28.42 | 30.31 | 28.33 | 1.127 times |
| 24 Fri Jan 2025 | 28.84 | 28.09 | 28.97 | 27.93 | 6.579 times |
| 17 Fri Jan 2025 | 27.78 | 28.42 | 28.42 | 27.71 | 0.142 times |
| 17 Fri Jan 2025 | 27.78 | 27.09 | 28.50 | 26.84 | 1.832 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 |
| 06 Thu Feb 2025 | 29.53 | 28.50 | 30.45 | 28.04 | 0.241 times |
| 31 Fri Jan 2025 | 29.44 | 28.47 | 30.31 | 26.84 | 1.155 times |
| 31 Tue Dec 2024 | 28.32 | 30.70 | 31.07 | 27.05 | 0.73 times |
| 26 Tue Nov 2024 | 30.02 | 29.75 | 30.75 | 27.89 | 1.532 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 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 gaining 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 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 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 29.4 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 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 gaining 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 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 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 29.4 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.