(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 509330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 29.45 | 28.78 | 29.51 | 28.62 | 1.121 times |
| 27 Mon Jan 2025 | 28.67 | 28.42 | 28.99 | 28.33 | 0.879 times |
| 24 Fri Jan 2025 | 28.84 | 28.74 | 28.97 | 28.67 | 1.67 times |
| 23 Thu Jan 2025 | 28.63 | 28.29 | 28.64 | 28.02 | 0.868 times |
| 22 Wed Jan 2025 | 28.40 | 28.43 | 28.53 | 28.31 | 1.281 times |
| 21 Tue Jan 2025 | 28.36 | 28.09 | 28.38 | 27.93 | 0.927 times |
| 17 Fri Jan 2025 | 27.78 | 28.42 | 28.42 | 27.71 | 0.721 times |
| 17 Fri Jan 2025 | 27.78 | 28.42 | 28.42 | 27.71 | 0.721 times |
| 16 Thu Jan 2025 | 28.13 | 28.20 | 28.32 | 27.98 | 0.814 times |
| 15 Wed Jan 2025 | 28.17 | 28.00 | 28.50 | 27.64 | 0.923 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 29.4, for a target of 28.7 or 28.22
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 26.84 |
| Downside Target | 27.71 |
| Downside Target | 28.97 |
| Upside Target | 29.51 |
| Upside Target | 29.82 |
| Upside Target | 30.75 |
| Upside Target | 31.01 |
| Upside Target | 31.07 |
| Upside Target | 33.71 |
| Upside Target | 34.20 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 28.68 |
| Downside Intraday Target | 27.92 |
| Upside Intraday Target | 29.86 |
| Upside Intraday Target | 30.28 |
| Downside Intraday Target | 29.1 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 29.45 | 28.42 | 29.51 | 28.33 | 0.422 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 |
| 10 Fri Jan 2025 | 27.50 | 28.03 | 28.18 | 26.96 | 0.824 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 |
| 28 Tue Jan 2025 | 29.45 | 28.47 | 29.51 | 26.84 | 0.995 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 |
| 31 Thu Oct 2024 | 30.00 | 33.26 | 34.20 | 29.82 | 0.874 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term but selling is losing 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 28.5 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 is giving positive 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term but selling is losing 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 28.5 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 is giving positive 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.