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Open Text Corporation

OTEX•NASDAQ
Technology
Software - Application
$23.78
$-0.95(-3.84%)
U.S. Market is Open • 14:23

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: 38.90)
Trend Strength:Very Strong (ADX: 44.14)
Volatility:Medium (ATR: 1.08)
Support/Resistance:$21.84 – $28.90 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 38.90

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 51.68

Neutral
Mid-range signal with no clear trend.

Williams %R: -46.54

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.02

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -1.48

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 44.14

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.08

Low
Low volatility, stable price action.

CCI (14): 54.24

Bullish
Bullish, momentum building upward.

Takeaway:Open Text Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$28.90
Middle Band (SMA 20)
$25.37
Lower Band
$21.84
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$27.93
Middle Line (EMA 20)
$25.77
Lower Channel
$23.60
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-3.28M
Money Flow Index43.90Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.08Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:OTEX shows mixed signals in money flow analysis.

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

No significant bearish signals detected.

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

Technical Analysis FAQ