Free Daily Analysis

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.

NASDAQ_OTEX
Open High Low OTEX Price Change
39.59 40.30 39.37 40.05 +0.25
Entry Signal

MarketClub’s Trade Triangles for OTEX

long term up The long-term trend has been UP since Aug 4th, 2022 at 41.81

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2022 at 38.31

short term up 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).

+75
Smart Scan Analysis for OTEX
Strong Downtrend Sideways 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 High40.31Year High Date2018-02-01
Year Low31.98Year Low Date2018-11-01
52wk High55.2552wk High Date2021-09-01
52wk Low35.0452wk Low Date2022-05-12
Year End Close55.8877Average Volume478,645
Shares Outstanding269,820Short Interest7,641,189
% Institutional98.8Market Cap11,111M
Assets101,626,390MLiabilities610,789,100M
P/E Ratio22.7429Beta1.08
Volatility22.72
Get a free daily analysis and signals for Open Text Corporation - Common Shares (OTEX) - Request Your Free Report.