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Open Text Corporation

Open Text Corporation (OTEX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Open Text Corporation.

OTEX●NASDAQ
TechnologySoftware - Application
$21.95
$0.57(2.53%)
U.S. Market is Open · 11:52
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OTEX Technical Analysis Summary

Open Text Corporation stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.47)
Trend Strength:Weak (ADX: 15.48)
Volatility:Medium (ATR: 1.04)
Support/Resistance:$21.97 – $24.94 (Bollinger Bands)

Overall, Open Text Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 43.47

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 34.06

Bearish
Momentum remains weak below midpoint.

Williams %R: -81.06

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.48

Strongly Bearish
Sharp downside momentum.

Takeaway:Open Text Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.09

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.48

Weak
Weak trend, market trading sideways.

ATR (14): 1.04

Low
Low volatility, stable price action.

CCI (14): -97.48

Bearish
Bearish, momentum remains under pressure.

Takeaway:Open Text Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.94
Middle Band (SMA 20)
$23.46
Lower Band
$21.97
Current Position
Below Lower Band

Takeaway:Open Text Corporation trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$25.53
Middle Line (EMA 20)
$23.45
Lower Channel
$21.37
Squeeze Status
Squeeze On

Takeaway:Open Text Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-6.53M
Money Flow Index38.06Bearish, selling pressure outweighs inflows.
Relative Vigor Index28.40Bearish, price momentum favors sellers.

Overall Takeaway:OTEX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Open Text Corporation, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Open Text Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ