OPEN TEXT CORP (OTEX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:OTEX - CA6837151068 - Common Stock
Taking everything into account, OTEX scores 0 out of 10 in our technical rating. OTEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, OTEX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.69, a Stop Loss order could be placed below this zone.
More info and screens
37.46
We found 4 important support areas.
- A support zone ranging from 45.69 to 45.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.83 from a trend line in the daily time frame.
- Support @42.45 from a trend line in the daily time frame.
- A support zone ranging from 37.84 to 38.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 46.50 to 48.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.84 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for OTEX.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OTEX.CA is down. |
| ChartMill Relative Strength | 31.77 | NEUTRAL | OTEX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OTEX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OTEX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OTEX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.45 | NEUTRAL | The RSI value for OTEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests OTEX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.19 | OVERSOLD | The low Stochastics value suggests OTEX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for OTEX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.94 | POSITIVE | The high ADX value value for OTEX.CA suggests a strong trend. |
TSX:OTEX (12/12/2025, 7:00:00 PM)
45.7
-0.29 (-0.63%)
OPEN TEXT CORP / OTEX.CA FAQ
What is the ChartMill technical rating of OPEN TEXT CORP (OTEX.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to OTEX.CA.
Can you provide the trend direction for OPEN TEXT CORP?
The current trend direction for OPEN TEXT CORP (OTEX.CA) is Bearish.
What is the RSI signal for OTEX stock?
OPEN TEXT CORP (OTEX.CA) has an RSI value of 33.4464. This indicates that the stock is currently neutral.
What is the MACD signal for OPEN TEXT CORP (OTEX.CA) stock?
The MACD indicator for OPEN TEXT CORP (OTEX.CA) has a value of 0.0832375, indicating a bearish trend.