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Stock Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Open Text Corporation - Common Shares (NASDAQ:OTEX)
Bull Market Weakness (+75) - OTEX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OTEX as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for OTEX
The long-term trend has been UP since Aug 4th, 2022 at 41.81
The intermediate-term trend has been DOWN since Aug 9th, 2022 at 38.31
The short-term trend has been UP since Aug 12th, 2022 at 39.73
Smart Scan Analysis for OTEX
Based on our trend formula, OTEX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.59 | 40.30 | 39.37 | 40.05 | +0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.80 | 177160 | 2022-08-16 15:19:00 |
| Year High | 40.31 | Year High Date | 2018-02-01 |
| Year Low | 31.98 | Year Low Date | 2018-11-01 |
| 52wk High | 55.25 | 52wk High Date | 2021-09-01 |
| 52wk Low | 35.04 | 52wk Low Date | 2022-05-12 |
| Year End Close | 55.8877 | Average Volume | 478,645 |
| Shares Outstanding | 269,820 | Short Interest | 7,641,189 |
| % Institutional | 98.8 | Market Cap | 11,111M |
| Assets | 101,626,390M | Liabilities | 610,789,100M |
| P/E Ratio | 22.7429 | Beta | 1.08 |
| Volatility | 22.72 |