Why is Open Text Corporation (TSX: OTEX.TO) stock up today?

OTEX.TO on the TSX is up +2.82% at $32.42 today, with price action that suggests buying interest.

What moved Open Text Corporation (TSX: OTEX.TO) stock today?

Today's move in OTEX.TO on the TSX came alongside volume -93.99% below average and a day range of $32.24–$33.04.

How much did Open Text Corporation's (TSX: OTEX.TO) volume change today?

OTEX.TO's volume on the TSX was 77.28K, -93.99% below its average.

Is Open Text Corporation (TSX: OTEX.TO) breaking a resistance level?

OTEX.TO on the TSX is trading below its 50-day MA ($33.45) and below its 200-day MA ($34.72), which points to short-term and long-term weakness.

Why Is Open Text Corporation (TSX: OTEX.TO) Stock Down Today?

Live update on OTEX.TO's movement on the TSX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

OTEX.TO●TSX

TechnologySoftware - Application

$32.42

$0.89(2.82%)

Canadian Market is Open · 10:07

OTEX.TO is Up +2.82% today

You might want to check out Why is OTEX.TO Up Today?

Open Text Corporation (TSX: OTEX.TO) Update

Volume (Unusual)

77.28K

↓ 94.00%

Open / Previous Close

$32.85 / $31.53

Day Range (Low / High)

$32.24 - $33.04

Open Text Corporation (TSX: OTEX.TO) Summary

Open Text Corporation (TSX: OTEX.TO) is trading up +2.82% at $32.42, reflecting a positive shift in investor sentiment today. The stock opened at $32.85 and has moved between $32.24 and $33.04 so far.

Trading volume is 77280, which is 94% below its average, and the price action suggests buying interest.

Technically, OTEX.TO on the TSX is trading below its 50-day moving average of $33.45 and below its 200-day moving average of $34.72, indicating short-term and long-term weakness.

Meyka's AI assigns OTEX.TO a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +14.13% in 1 month ($37.00), +11.41% in 1 year ($36.12), and -36.81% in 5 years ($20.49).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the TSX.
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OTEX.TO (TSX) Technical Signals

Trading below 50-day moving average ($33.45)

Trading below 200-day moving average ($34.72)

Analyst Recommendations data is not available for OTEX.TOAnalyst Recommendations details for OTEX.TO are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$37.00

1 Year

$36.12

3 Years

$28.32

5 Years

$20.49

B+

Good73.00

Is this change significant?

5-Day:-1.10%

1-Month:-4.56%

3-Month:+10.01%

What's next?

Next earnings date: 7/30/2025