OPEN TEXT CORP (OTEX.CA) Stock Technical Analysis
TSX:OTEX - Toronto Stock Exchange - CA6837151068 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to OTEX. In the last year, OTEX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
66% of all other stocks performed better in the past year than OTEX.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OTEX is an average performer in the Software industry, it outperforms 61% of 60 stocks in the same industry.
OTEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OTEX is lagging the market.
In the last month OTEX has a been trading in the 38.22 - 45.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OTEX has an average technical rating and it also does not offer a high quality setup 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
43.96
We found 2 important support areas.
- A support zone ranging from 39.77 to 40.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.84 to 38.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.53 to 42.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.52 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 | NEUTRAL | NEUTRAL | The long term trend for OTEX.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OTEX.CA is up. |
| ChartMill Relative Strength | 34.73 | NEUTRAL | OTEX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTEX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTEX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OTEX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.68 | NEUTRAL | The RSI value for OTEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests OTEX.CA has a positive trend. |
| Stochastics (14,3) | 45.13 | NEUTRAL | The Stochastics value for OTEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for OTEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.57 | NEUTRAL | The ADX value for OTEX.CA suggests a possible start of a new trend. |
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)
TSX:OTEX (8/13/2025, 7:00:00 PM)
42.47
+1.84 (+4.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.53%
1 Week6.76%
2 Weeks1.92%
1 Month10.83%
3 Month7.96%
6 Month5.52%
12 Month-2.99%
2 Year-22%
3 Year2.66%
5 Year-28.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%3.06%
ATR Inc43.84%
Range Today2.29
ADR(20)1.16
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.73
Mansfield-0.44
10 Day High45.33
10 Day Low38.52
20 Day High45.33
20 Day Low38.22
52 Week High47.52
52 Week Low32.41
CS1 End40.65
CR1 Start42.53
Volume & EV
DER(3)0.16%
DER(5)-0.26%
Volume942.25K
Volume Incr68.56%
Vol(5)1.28M
Vol(50)888.88K