(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 2024-12-20 View latest technical analysis
10 day averaged volume of Open Text is 628941
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 27.60 | 27.29 | 27.88 | 27.05 | 1.938 times |
| 19 Thu Dec 2024 | 27.42 | 27.63 | 27.89 | 27.26 | 1.531 times |
| 18 Wed Dec 2024 | 27.37 | 28.75 | 28.75 | 27.20 | 1.36 times |
| 17 Tue Dec 2024 | 28.63 | 29.39 | 29.39 | 28.29 | 1.68 times |
| 16 Mon Dec 2024 | 29.57 | 29.44 | 29.68 | 29.26 | 1.257 times |
| 13 Fri Dec 2024 | 29.52 | 29.83 | 29.92 | 29.49 | 0.72 times |
| 12 Thu Dec 2024 | 29.94 | 30.06 | 30.39 | 29.86 | 0.497 times |
| 11 Wed Dec 2024 | 30.36 | 30.48 | 30.65 | 30.21 | 0.729 times |
| 10 Tue Dec 2024 | 30.28 | 30.36 | 30.49 | 30.07 | 0.828 times |
| 09 Mon Dec 2024 | 30.58 | 30.70 | 31.07 | 30.55 | 0.657 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.2, but if it comes above 28.2, then a intra day buy could be more profitable.
If you take a sell trade below 28.2, then use 28.2 as stoploss and 27 as target. However if you take a buy trade in stock , then use 28.2 as stoploss and 29.18 as target.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.05 |
| Upside Target | 29.49 |
| Upside Target | 30.34 |
| 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 | 26.54 |
| Downside Intraday Target | 25.48 |
| Upside Intraday Target | 29.17 |
| Upside Intraday Target | 30.74 |
| Upside Intraday Target | 28.11 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 27.60 | 29.44 | 29.68 | 27.05 | 2.264 times |
| 13 Fri Dec 2024 | 29.52 | 30.70 | 31.07 | 29.49 | 4.634 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 |
Price has moved down 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 |
| 20 Fri Dec 2024 | 27.60 | 30.70 | 31.07 | 27.05 | 0.483 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 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Open Text in short term and the sell signal is strong.
Open Text Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Open Text in short term and SELL signal is strong!
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 28.7 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Open Text in short term and the sell signal is strong.
Open Text Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Open Text in short term and SELL signal is strong!
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 28.7 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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.