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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Open Text Corporation - Common Shares (NASDAQ:OTEX)

Weak Downtrend (-65) - OTEX is showing signs of a strengthening downtrend. Monitor OTEX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid OTEX?

MarketClub looks at technical strength and momentum to determine if the timing is right for OTEX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OTEX
Open High Low OTEX Price Change
50.39 50.58 50.13 50.41 +0.18
Entry Signal

MarketClub’s Trade Triangles for OTEX

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 48.51

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 53.16

short term up The short-term trend has been UP since Oct 7th, 2021 at 48.93

Smart Scan Analysis for OTEX

Based on our trend formula, OTEX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for OTEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.39 50.58 50.13 50.41 +0.18
Prev. Close Volume Bid Ask Time
50.23 229444 2021-10-20 15:59:49
Year High40.31Year High Date2018-02-01
Year Low31.98Year Low Date2018-11-01
52wk High55.2552wk High Date2021-09-01
52wk Low36.1852wk Low Date2020-11-02
Year End Close55.8877Average Volume327,023
Shares Outstanding271,754Short Interest7,641,189
% Institutional98.8Market Cap11,111M
Assets960,933,600MLiabilities551,139,400M
P/E Ratio44.0614Beta1.08
Volatility22.72
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