Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

Open Text Corp (TSE:OTEX)

Long-Term Downtrend (-90) - OTEX is in a strong downtrend that is likely to continue. While OTEX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
60.59 60.60 58.78 59.55 -0.84
Entry Signal

MarketClub’s Trade Triangles for OTEX

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 61.71

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 61.87

short term down The short-term trend has been DOWN since Nov 22nd, 2021 at 65.15

Smart Scan Analysis for OTEX

Based on our trend formula, OTEX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OTEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.59 60.60 58.78 59.55 -0.84
Prev. Close Volume Bid Ask Time
59.50 360006 2021-12-03 15:59:45
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
Get a free daily analysis and signals for Open Text Corp (OTEX) - Request Your Free Report.