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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
$23.65
$0.04(0.17%)
U.S. Market opens in 2h 45m
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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 Bullish (RSI: 50.73)
Trend Strength:Weak (ADX: 16.64)
Volatility:Medium (ATR: 1.08)
Support/Resistance:$22.09 – $25.09 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.73

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 58.03

Neutral
Mid-range signal with no clear trend.

Williams %R: -53.22

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 5.34

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.27

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.64

Weak
Weak trend, market trading sideways.

ATR (14): 1.08

Low
Low volatility, stable price action.

CCI (14): 31.53

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.09
Middle Band (SMA 20)
$23.59
Lower Band
$22.09
Current Position
Within Bands

Takeaway:Open Text Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$25.74
Middle Line (EMA 20)
$23.59
Lower Channel
$21.43
Squeeze Status
Squeeze On

Takeaway:Open Text Corporation trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume280.35K
Money Flow Index41.44Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.74Bearish, price momentum favors sellers.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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