OPEN TEXT CORP (OTEX.CA) Stock Technical Analysis
TSX:OTEX • CA6837151068
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.
- 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: 93% of all stocks are doing better.
- OTEX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month OTEX has a been trading in the 30.65 - 43.17 range, which is quite wide. It is currently trading near the lows of this range.
- OTEX has an average volume of 1127500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OTEX is an average performer in the Software industry, it outperforms 51% of 67 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
OTEX has a poor technical rating and the quality of the setup is also not perfect 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
31.96
When analyzing the resistance we notice 3 important areas.
- Resistance @35.28 from a horizontal line in the daily time frame.
- Resistance @42.60 from a trend line in the daily time frame.
- Resistance @47.62 from a horizontal line in the daily 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 | 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 | 7.16 | NEGATIVE | OTEX.CA has a low relative strength, it was outperformed by 92.84% 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) | 30.15 | NEUTRAL | The RSI value for OTEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OTEX.CA has a positive trend. |
| Stochastics (14,3) | 29.6 | NEUTRAL | The Stochastics value for OTEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for OTEX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 50.49 | POSITIVE | The high ADX value value for OTEX.CA suggests a strong trend. |
TSX:OTEX (2/12/2026, 7:00:00 PM)
32.28
-0.66 (-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.
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.
Can you provide the RSI signal for OPEN TEXT CORP?
OPEN TEXT CORP (OTEX.CA) has an RSI value of 30.149. This indicates that the stock is currently neutral.
What is the buy/sell signal for OPEN TEXT CORP (OTEX.CA) stock?
The buy/sell signal for OPEN TEXT CORP (OTEX.CA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for OPEN TEXT CORP?
OPEN TEXT CORP (OTEX.CA) has a resistance level at 35.28. Check the full technical report for our detailed analysis of OTEX.CA support and resistance levels.