(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 523860
Date | Daily Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 38.60 | 38.59 | 38.97 | 38.35 | 0.614 times |
15 Fri Mar 2024 | 38.48 | 38.38 | 38.75 | 38.36 | 1.47 times |
14 Thu Mar 2024 | 38.76 | 39.25 | 39.25 | 38.40 | 0.867 times |
13 Wed Mar 2024 | 39.15 | 38.32 | 39.25 | 38.30 | 1.105 times |
12 Tue Mar 2024 | 38.32 | 38.95 | 38.95 | 38.15 | 0.773 times |
11 Mon Mar 2024 | 38.66 | 38.25 | 38.72 | 38.08 | 0.681 times |
08 Fri Mar 2024 | 38.42 | 38.86 | 39.03 | 38.36 | 0.692 times |
07 Thu Mar 2024 | 38.64 | 37.90 | 38.71 | 37.83 | 1.111 times |
06 Wed Mar 2024 | 37.58 | 38.56 | 38.66 | 37.39 | 1.317 times |
05 Tue Mar 2024 | 37.89 | 39.21 | 39.41 | 37.87 | 1.161 times |
My analysis of stock is bearish for shortterm, and stock might move down till 38.2 or till 37.6. Use a stoploss of 38.64 and if the stock hits stoploss, then it can shoot up till 39.11
Share price targets for Open Text (OTEX)
Target Type | Value |
Downside Target | 33.19 |
Downside Target | 37.39 |
Upside Target | 39.36 |
Upside Target | 39.52 |
Upside Target | 39.84 |
Upside Target | 40.22 |
Upside Target | 41.56 |
Upside Target | 42.80 |
Upside Target | 44.57 |
Upside Target | 45.47 |
Intraday share price targets for Open Text (OTEX)
Target Type | Value |
Downside Intraday Target | 38.31 |
Downside Intraday Target | 38.02 |
Upside Intraday Target | 38.93 |
Upside Intraday Target | 39.26 |
Upside Intraday Target | 38.64 |
Weekly technical analysis of Open Text (OTEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 38.60 | 38.59 | 38.97 | 38.35 | 0.125 times |
15 Fri Mar 2024 | 38.48 | 38.25 | 39.25 | 38.08 | 0.959 times |
08 Fri Mar 2024 | 38.42 | 39.08 | 39.84 | 37.39 | 0.76 times |
01 Fri Mar 2024 | 39.26 | 38.67 | 39.36 | 38.22 | 1.269 times |
23 Fri Feb 2024 | 38.68 | 39.76 | 40.22 | 37.81 | 0.812 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 |
18 Mon Mar 2024 | 38.60 | 38.61 | 39.84 | 37.39 | 0.379 times |
29 Thu Feb 2024 | 38.49 | 43.81 | 45.47 | 37.81 | 1.502 times |
31 Wed Jan 2024 | 43.61 | 41.59 | 44.57 | 39.07 | 1.137 times |
29 Fri Dec 2023 | 42.02 | 40.16 | 42.80 | 39.52 | 0.701 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Open Text ( (OTEX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Open Text stock for short term is SELL. 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 tired and bears 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 buy signal for Open Text in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 38.41 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Open Text ( (OTEX) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Open Text ( (OTEX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Open Text stock for short term is SELL. 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 tired and bears 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 buy signal for Open Text in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 38.41 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 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.