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Open Text Corporation

OTEX•NASDAQ
Technology
Software - Application
$22.52
$-0.02(-0.09%)
U.S. Market opens in 32h 25m

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

Live technical indicators, trading signals, and momentum insights for Open Text Corporation (NASDAQ:OTEX).

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: 42.57)
Trend Strength:Very Strong (ADX: 41.84)
Volatility:Medium (ATR: 0.88)
Support/Resistance:$20.70 – $25.27 (Bollinger Bands)

This mix signals that Open Text Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 42.57

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 48.63

Neutral
Mid-range signal with no clear trend.

Williams %R: -38.89

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -2.00

Bearish
Selling pressure outweighs buying.

Takeaway:Open Text Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.77

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 41.84

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.88

Low
Low volatility, stable price action.

CCI (14): 1.00

Neutral
Neutral, no strong directional signal.

Takeaway:Open Text Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.27
Middle Band (SMA 20)
$22.98
Lower Band
$20.70
Current Position
Within Bands

Takeaway:Open Text Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$24.68
Middle Line (EMA 20)
$22.91
Lower Channel
$21.15
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-12.51M
Money Flow Index55.19Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.85Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:OTEX shows balanced money flow with a slight bullish bias.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Open Text Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ