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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Open Text Corp (TSE:OTEX)

Crossroads (+60) - OTEX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

TSE_OTEX
Open High Low OTEX Price Change
42.97 43.49 42.85 43.26 +0.28
Entry Signal

MarketClub’s Trade Triangles for OTEX

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 51.05

intermediate term up The intermediate-term trend has been UP since Jun 27th, 2024 at 40.84

short term up The short-term trend has been UP since Jul 23rd, 2024 at 43.09

Smart Scan Analysis for OTEX

Based on our trend formula, OTEX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for OTEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.97 43.49 42.85 43.26 +0.28
Prev. Close Volume Bid Ask Time
42.98 219274 2024-07-23 16:00:00
Year High51.98Year High Date2018-08-03
Year Low41.34Year Low Date2018-01-15
52wk High51.9852wk High Date2018-08-03
52wk Low40.7652wk Low Date2017-12-04
Average Volume633,807Volatility21.17
Payment Date2019-06-21
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