(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 2024-05-28 View latest technical analysis
10 day averaged volume of Open Text is 565447
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 29.85 | 30.07 | 30.14 | 29.70 | 0.832 times |
| 23 Thu May 2024 | 30.35 | 31.20 | 31.27 | 30.28 | 0.717 times |
| 22 Wed May 2024 | 30.94 | 30.72 | 31.26 | 30.56 | 0.826 times |
| 21 Tue May 2024 | 30.93 | 31.03 | 31.17 | 30.74 | 1.409 times |
| 20 Mon May 2024 | 31.13 | 30.41 | 31.24 | 30.41 | 0.773 times |
| 17 Fri May 2024 | 30.48 | 30.75 | 30.75 | 30.41 | 0.891 times |
| 16 Thu May 2024 | 30.68 | 30.71 | 30.87 | 30.56 | 0.689 times |
| 15 Wed May 2024 | 30.87 | 30.83 | 30.97 | 30.38 | 0.944 times |
| 14 Tue May 2024 | 30.55 | 30.72 | 31.04 | 30.51 | 0.839 times |
| 13 Mon May 2024 | 30.61 | 30.42 | 30.89 | 30.35 | 1.479 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 29.5 as stoploss in an intra day buy trade for a target of 31.49. However, stock will show a bearish move below 29.5.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 28.19 |
| Downside Target | 29.70 |
| Upside Target | 31.04 |
| Upside Target | 34.26 |
| Upside Target | 35.97 |
| Upside Target | 37.39 |
| Upside Target | 37.81 |
| Upside Target | 39.00 |
| Upside Target | 39.07 |
| Upside Target | 40.55 |
| Upside Target | 44.57 |
| Upside Target | 45.47 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 29.65 |
| Downside Intraday Target | 29.46 |
| Upside Intraday Target | 30.09 |
| Upside Intraday Target | 30.34 |
| Upside Intraday Target | 29.9 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 29.85 | 30.07 | 30.14 | 29.70 | 0.223 times |
| 23 Thu May 2024 | 30.35 | 30.41 | 31.27 | 30.28 | 0.769 times |
| 17 Fri May 2024 | 30.48 | 30.42 | 31.04 | 30.35 | 0.447 times |
| 10 Fri May 2024 | 30.35 | 30.60 | 31.83 | 29.82 | 0.92 times |
| 03 Fri May 2024 | 30.25 | 35.92 | 36.05 | 28.19 | 1.242 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 |
| 28 Tue May 2024 | 29.85 | 35.31 | 35.97 | 28.19 | 1.127 times |
| 30 Tue Apr 2024 | 35.31 | 39.00 | 39.00 | 34.26 | 1.522 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 |
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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 BUY signal for Open Text in short term but the buy signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing 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 30.66 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 BUY signal for Open Text in short term but the buy signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing 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 30.66 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.