(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 2025-02-07 View latest technical analysis
10 day averaged volume of Open Text is 653440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 27.86 | 30.83 | 31.75 | 27.78 | 2.366 times |
| 06 Thu Feb 2025 | 29.53 | 30.19 | 30.44 | 29.33 | 1.686 times |
| 05 Wed Feb 2025 | 30.39 | 29.47 | 30.45 | 29.33 | 0.934 times |
| 04 Tue Feb 2025 | 29.37 | 29.23 | 29.53 | 29.23 | 0.598 times |
| 03 Mon Feb 2025 | 29.14 | 28.50 | 29.22 | 28.04 | 1.314 times |
| 31 Fri Jan 2025 | 29.44 | 30.11 | 30.31 | 29.41 | 1.102 times |
| 30 Thu Jan 2025 | 29.95 | 29.29 | 30.17 | 29.28 | 0.836 times |
| 29 Wed Jan 2025 | 29.23 | 29.30 | 29.51 | 28.94 | 0.67 times |
| 28 Tue Jan 2025 | 29.45 | 28.78 | 29.51 | 28.62 | 0.874 times |
| 27 Mon Jan 2025 | 28.67 | 28.42 | 28.99 | 28.33 | 0.685 times |
Stock of Open Text (OTEX) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.9, but if it comes above 27.9, then a intra day buy could be more profitable.
If you take a sell trade below 27.9, then use 27.9 as stoploss and 26.9 as target. However if you take a buy trade in stock , then use 27.9 as stoploss and 28.69 as target.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 26.84 |
| Downside Target | 27.71 |
| Upside Target | 28.97 |
| Upside Target | 29.82 |
| Upside Target | 30.31 |
| Upside Target | 30.75 |
| Upside Target | 31.07 |
| Upside Target | 31.75 |
| Upside Target | 34.20 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 26.51 |
| Downside Intraday Target | 25.16 |
| Upside Intraday Target | 30.48 |
| Upside Intraday Target | 33.1 |
| Upside Intraday Target | 29.13 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 27.86 | 28.50 | 31.75 | 27.78 | 1.656 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 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 |
| 07 Fri Feb 2025 | 27.86 | 28.50 | 31.75 | 27.78 | 0.366 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Open Text in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Open Text is picking up selling 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Open Text in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Open Text is picking up selling 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 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.