(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 2024-08-14 View latest technical analysis
10 day averaged volume of Open Text is 743027
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 31.11 | 30.74 | 31.18 | 30.74 | 0.753 times |
| 13 Tue Aug 2024 | 30.74 | 29.78 | 30.88 | 29.78 | 0.886 times |
| 12 Mon Aug 2024 | 29.77 | 30.28 | 30.45 | 29.74 | 0.723 times |
| 09 Fri Aug 2024 | 30.22 | 29.95 | 30.30 | 29.88 | 0.9 times |
| 08 Thu Aug 2024 | 30.02 | 29.10 | 30.40 | 29.10 | 0.892 times |
| 07 Wed Aug 2024 | 29.02 | 29.44 | 29.48 | 28.75 | 1.076 times |
| 06 Tue Aug 2024 | 28.92 | 28.63 | 29.30 | 28.43 | 1.137 times |
| 05 Mon Aug 2024 | 28.54 | 27.66 | 29.29 | 27.50 | 1.524 times |
| 02 Fri Aug 2024 | 28.49 | 29.50 | 29.82 | 27.84 | 1.534 times |
| 01 Thu Aug 2024 | 30.49 | 31.58 | 31.63 | 30.33 | 0.808 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 31.4 as stoploss in an intra day sell trade for a target of 30.45. However, stock will show a bullish move above 31.4.
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.50 |
| Downside Target | 29.74 |
| Upside Target | 31.18 |
| Upside Target | 31.63 |
| Upside Target | 31.73 |
| Upside Target | 31.75 |
| Upside Target | 31.95 |
| Upside Target | 34.26 |
| Upside Target | 35.97 |
| Upside Target | 39.00 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 30.17 |
| Downside Intraday Target | 29.24 |
| Upside Intraday Target | 31.61 |
| Upside Intraday Target | 32.12 |
| Downside Intraday Target | 30.68 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 31.11 | 30.28 | 31.18 | 29.74 | 0.427 times |
| 09 Fri Aug 2024 | 30.22 | 27.66 | 30.40 | 27.50 | 1.269 times |
| 02 Fri Aug 2024 | 28.49 | 31.51 | 31.95 | 27.84 | 1.614 times |
| 26 Fri Jul 2024 | 31.50 | 30.96 | 31.73 | 30.67 | 0.533 times |
| 19 Fri Jul 2024 | 30.94 | 31.59 | 31.75 | 30.48 | 1.245 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 |
| 14 Wed Aug 2024 | 31.11 | 31.58 | 31.63 | 27.50 | 0.588 times |
| 31 Wed Jul 2024 | 31.53 | 30.22 | 31.95 | 29.75 | 0.825 times |
| 28 Fri Jun 2024 | 30.04 | 29.26 | 30.15 | 27.54 | 0.829 times |
| 31 Fri May 2024 | 29.25 | 35.31 | 35.97 | 28.19 | 1.282 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 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 mid to longer 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.
ADX buy sell signal for Open Text stock for short term is BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 29.52 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 rising upwards.
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 positive
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 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 mid to longer 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.
ADX buy sell signal for Open Text stock for short term is BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 29.52 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 rising upwards.
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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.