


Technical Sentiment Analysis for Open Text Corp (OTEX) As of 2026-05-29, Open Text Corp (OTEX) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OTEX stands at 55.561, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.108, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 46.917 and the Commodity Channel Index (CCI) at 52.156 further confirm a 1.45 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, OTEX is trading below its 60-day moving average of $22.995 and below its 200-day long-term moving average of $29.877. Key price levels to watch include the immediate resistance at $24.375 and strong support at $21.95. A break above $24.375 could signal a bull continuation, while falling below $21.95 may test the next Fibonacci floor at $20.647.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 19.525 | 20.647 | 21.95 | 23.072 | 24.375 | 25.497 | 26.8 |
| Fibonacci | 20.647 | 21.574 | 22.146 | 23.072 | 23.999 | 24.571 | 25.497 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 55.561 |
| STOCHk_14_3_3 | 46.917 |
| STOCHd_14_3_3 | 44.669 |
| CCI_20 | 52.156 |
| AO_5_34 | 0.241 |
| MOM_10 | 1.45 |
| MACD_12_26_9 | 0.108 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 23.412 | Buy |
| MA_10 | 23.252 | Buy |
| MA_20 | 23.365 | Buy |
| MA_60 | 22.995 | Buy |
| MA_200 | 29.877 | Sell |
| MA_250 | 29.699 | Sell |