OPEN TEXT CORP (OTEX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:OTEX - CA6837151068 - Common Stock
Overall OTEX gets a technical rating of 0 out of 10. 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.
OTEX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 45.56, a Stop Loss order could be placed below this zone.
More info and screens
42.36
2 important support areas can be observed.
- A support zone ranging from 45.38 to 45.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.79 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.93 to 46.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 24.67 | NEGATIVE | OTEX.CA has a low relative strength, it was outperformed by 75.33% off all stocks 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) | 36.89 | NEUTRAL | The RSI value for OTEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests OTEX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.28 | NEUTRAL | The Stochastics value for OTEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for OTEX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.61 | POSITIVE | The high ADX value value for OTEX.CA suggests a strong trend. |
TSX:OTEX (12/24/2025, 7:00:00 PM)
45.57
-0.09 (-0.2%)
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 36.8948. 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 0.12797, indicating a bearish trend.