(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 2024-04-05 View latest technical analysis
10 day averaged volume of Open Text is 461090
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 37.60 | 37.50 | 37.86 | 37.33 | 0.923 times |
04 Thu Apr 2024 | 37.45 | 38.51 | 38.56 | 37.45 | 0.791 times |
03 Wed Apr 2024 | 37.97 | 37.89 | 38.23 | 37.67 | 0.76 times |
02 Tue Apr 2024 | 37.97 | 37.86 | 38.06 | 37.27 | 1.185 times |
01 Mon Apr 2024 | 38.41 | 39.00 | 39.00 | 38.32 | 0.889 times |
28 Thu Mar 2024 | 38.83 | 38.85 | 39.13 | 38.65 | 0.909 times |
27 Wed Mar 2024 | 38.81 | 39.60 | 39.87 | 38.39 | 1.683 times |
26 Tue Mar 2024 | 39.38 | 39.25 | 39.76 | 39.15 | 0.826 times |
25 Mon Mar 2024 | 39.18 | 39.11 | 39.34 | 38.90 | 0.758 times |
22 Fri Mar 2024 | 39.13 | 39.72 | 39.87 | 39.03 | 0.631 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38, but if it comes above 38, then a intra day buy could be more profitable.
If you take a sell trade below 38, then use 38 as stoploss and 37.3 as target. However if you take a buy trade in stock , then use 38 as stoploss and 38.64 as target.
Share price targets for Open Text (OTEX)
Target Type | Value |
Downside Target | 37.27 |
Upside Target | 39.25 |
Upside Target | 39.52 |
Upside Target | 39.84 |
Upside Target | 39.87 |
Upside Target | 40.55 |
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 | 36.91 |
Downside Intraday Target | 36.23 |
Upside Intraday Target | 38.64 |
Upside Intraday Target | 39.69 |
Upside Intraday Target | 37.96 |
Weekly technical analysis of Open Text (OTEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 37.60 | 39.00 | 39.00 | 37.27 | 1.089 times |
28 Thu Mar 2024 | 38.83 | 39.11 | 39.87 | 38.39 | 0.901 times |
22 Fri Mar 2024 | 39.13 | 38.59 | 40.55 | 38.05 | 0.833 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 |
Price has moved down 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 |
05 Fri Apr 2024 | 37.60 | 39.00 | 39.00 | 37.27 | 0.216 times |
28 Thu Mar 2024 | 38.83 | 38.61 | 40.55 | 37.39 | 0.617 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 |
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 Weak 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 getting stronger in this stock.
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
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 38.47 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 Weak 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 getting stronger in this stock.
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
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 38.47 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.