(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 2024-12-16 View latest technical analysis
10 day averaged volume of Open Text is 478802
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 29.57 | 29.44 | 29.68 | 29.26 | 1.651 times |
| 13 Fri Dec 2024 | 29.52 | 29.83 | 29.92 | 29.49 | 0.945 times |
| 12 Thu Dec 2024 | 29.94 | 30.06 | 30.39 | 29.86 | 0.652 times |
| 11 Wed Dec 2024 | 30.36 | 30.48 | 30.65 | 30.21 | 0.958 times |
| 10 Tue Dec 2024 | 30.28 | 30.36 | 30.49 | 30.07 | 1.088 times |
| 09 Mon Dec 2024 | 30.58 | 30.70 | 31.07 | 30.55 | 0.863 times |
| 26 Tue Nov 2024 | 30.02 | 30.05 | 30.34 | 29.93 | 0.972 times |
| 26 Tue Nov 2024 | 30.02 | 30.05 | 30.34 | 29.93 | 0.972 times |
| 25 Mon Nov 2024 | 30.28 | 29.76 | 30.31 | 29.66 | 1.599 times |
| 22 Fri Nov 2024 | 29.45 | 29.18 | 29.59 | 29.08 | 0.756 times |
My analysis of stock is bearish for shortterm, and stock might move down till 28.9 or till 28.2. Use a stoploss of 29.61 and if the stock hits stoploss, then it can shoot up till 30.27
Share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Target | 27.50 |
| Downside Target | 29.26 |
| Upside Target | 30.34 |
| Upside Target | 30.75 |
| Upside Target | 31.01 |
| Upside Target | 31.07 |
| Upside Target | 32.97 |
| Upside Target | 33.71 |
| Upside Target | 34.20 |
Intraday share price targets for Open Text (OTEX)
| Target Type | Value |
| Downside Intraday Target | 29.33 |
| Downside Intraday Target | 29.08 |
| Upside Intraday Target | 29.75 |
| Upside Intraday Target | 29.92 |
| Downside Intraday Target | 29.5 |
Weekly technical analysis of Open Text (OTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 29.57 | 29.44 | 29.68 | 29.26 | 0.366 times |
| 13 Fri Dec 2024 | 29.52 | 30.70 | 31.07 | 29.49 | 4.634 times |
| 26 Tue Nov 2024 | 30.02 | 30.05 | 30.34 | 29.93 | 0.378 times |
| 26 Tue Nov 2024 | 30.02 | 29.76 | 30.34 | 29.66 | 0.324 times |
| 22 Fri Nov 2024 | 29.45 | 28.78 | 29.59 | 27.89 | 1.061 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 |
| 16 Mon Dec 2024 | 29.57 | 30.70 | 31.07 | 29.26 | 0.202 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 |
| 30 Mon Sep 2024 | 33.28 | 31.57 | 33.71 | 31.01 | 0.669 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 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 SELL. 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.
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 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
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 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 SELL. 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.
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 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
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 and Open Text (OTEX) stock is trading below this level. This means that stock is falling with high volumes. 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.