OPEN TEXT CORP (OTEX.CA) Technical Analysis
TSX:OTEX • CA6837151068
Current stock price
30.79 CAD
+0.19 (+0.62%)
Last:
OTEX.CA Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OTEX is a bad performer in the overall market: 86% of all stocks are doing better.
- OTEX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- OTEX has an average volume of 1498010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OTEX is part of the Software industry. There are 69 other stocks in this industry, OTEX did better than 55% of them.
- In the last month OTEX has a been trading in the 27.63 - 32.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
OTEX.CA Weekly and Daily overview Charts
OTEX.CA Setup Rating and Analysis
Although the technical rating is bad, OTEX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
OTEX.CA Support and Resistance Analysis
30.48
33.82
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 30.88 to 31.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.79 to 32.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.02 to 33.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
OTEX.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for OTEX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OTEX.CA is down. |
| ChartMill Relative Strength | 14.76 | NEGATIVE | OTEX.CA has a low relative strength, it was outperformed by 85.24% 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) | DOWN | NEGATIVE | The current price of OTEX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.49 | NEUTRAL | The RSI value for OTEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests OTEX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.57 | NEUTRAL | The Stochastics value for OTEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for OTEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.6 | NEGATIVE | The low ADX value for OTEX.CA suggests a weak or negative trend. |
OTEX.CA Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
OTEX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:OTEX (4/30/2026, 7:00:00 PM)
30.79
+0.19 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.62%
1 Week0.88%
2 Weeks-3.24%
1 Month-1.72%
3 Month-11.47%
6 Month-42.78%
12 Month-14.71%
2 Year-36.66%
3 Year-39.99%
5 Year-46.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%3.72%
ATR Inc-36.36%
Range Today0.75
ADR(20)1.09
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.76
3 months CRS24.73
6 months CRS8.01
Mansfield-3.24
10 Day High32.78
10 Day Low29.98
20 Day High32.78
20 Day Low27.63
52 Week High56
52 Week Low27.63
CS1 EndN/A
CR1 Start30.88
Volume & EV
DER(3)0%
DER(5)-0.15%
Volume1.03M
Volume Incr-30.03%
Vol(5)814.99K
Vol(50)1.50M
OPEN TEXT CORP / OTEX.CA TA 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.
What is the current trend direction of OPEN TEXT CORP (OTEX.CA) stock?
The current trend direction for OPEN TEXT CORP (OTEX.CA) is Bearish.
What is the RSI signal for OPEN TEXT CORP (OTEX.CA) stock?
OPEN TEXT CORP (OTEX.CA) has an RSI value of 46.4949. This indicates that the stock is currently neutral.
What is the short term momentum for OTEX stock?
The short term momentum for OPEN TEXT CORP (OTEX.CA) is negative.
Can you provide the buy/sell signal for OPEN TEXT CORP?
The buy/sell signal for OPEN TEXT CORP (OTEX.CA) is sell as both the short term and long term trends are negative.