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Open Text Corporation

OTEX•NASDAQ
Technology
Software - Application
$22.98
$-0.37(-1.58%)
U.S. Market opens in 14h 32m

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 shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.88)
Trend Strength:Strong (ADX: 31.56)
Volatility:Medium (ATR: 0.97)
Support/Resistance:$23.18 – $25.98 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 33.88

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 6.01

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.28

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.12

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.71

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.56

Strong
Strong trend, momentum well established.

ATR (14): 0.97

Low
Low volatility, stable price action.

CCI (14): -185.80

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.98
Middle Band (SMA 20)
$24.58
Lower Band
$23.18
Current Position
Below Lower Band

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

Keltner Channels
Upper Channel
$26.69
Middle Line (EMA 20)
$24.75
Lower Channel
$22.82
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-11.09M
Money Flow Index34.93Bearish, selling pressure outweighs inflows.
Relative Vigor Index33.75Bearish, 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

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 Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

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