


Technical Sentiment Analysis for Open Text Corp (OTEX) As of 2026-05-08, Open Text Corp (OTEX) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OTEX stands at 65.081, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.229, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 76.136 and the Commodity Channel Index (CCI) at 154.63 further confirm a 2.31 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, OTEX is trading below its 60-day moving average of $23.281 and below its 200-day long-term moving average of $30.319. Key price levels to watch include the immediate resistance at $24.653 and strong support at $21.768. A break above $24.653 could signal a bull continuation, while falling below $21.768 may test the next Fibonacci floor at $20.406.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 18.883 | 20.406 | 21.768 | 23.291 | 24.653 | 26.176 | 27.538 |
| Fibonacci | 20.406 | 21.508 | 22.189 | 23.291 | 24.393 | 25.074 | 26.176 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 65.081 |
| STOCHk_14_3_3 | 76.136 |
| STOCHd_14_3_3 | 69.19 |
| CCI_20 | 154.63 |
| AO_5_34 | 0.916 |
| MOM_10 | 2.31 |
| MACD_12_26_9 | 0.229 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 23.614 | Buy |
| MA_10 | 23.129 | Buy |
| MA_20 | 23.014 | Buy |
| MA_60 | 23.281 | Buy |
| MA_200 | 30.319 | Sell |
| MA_250 | 29.969 | Sell |