OPEN TEXT CORP (OTEX.CA) Stock Technical Analysis
Canada - TSX:OTEX - CA6837151068 - Common Stock
Overall OTEX gets a technical rating of 1 out of 10. OTEX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OTEX has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
37.46
4 important support areas can be observed.
- A support zone ranging from 46.14 to 46.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.65 from a trend line in the daily time frame.
- Support @41.72 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 found 1 important resistance area.
- A resistance zone ranging from 54.95 to 55.20. This zone is formed by a combination of multiple trend lines 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 | 55.21 | 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) | 30.22 | NEUTRAL | The RSI value for OTEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests OTEX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.09 | OVERSOLD | The low Stochastics value suggests OTEX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for OTEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.32 | POSITIVE | The high ADX value value for OTEX.CA suggests a strong trend. |
TSX:OTEX (11/19/2025, 7:00:00 PM)
46.66
+0.51 (+1.11%)
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 1 / 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 30.2163. 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 -0.673051, indicating a bearish trend.