Technical Analysis for OTEX - Open Text Corporation

Grade Last Price % Change Price Change
A 49.92 0.89% 0.44
OTEX closed up 0.89 percent on Thursday, April 15, 2021, on 48 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: May 6
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical OTEX trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Shooting Star Candlestick Bearish 0.89%
Stochastic Sell Signal Bearish 0.89%
Lizard Bearish Bearish Day Trade Setup 0.89%
Cup with Handle Other 0.89%
New 52 Week High Strength 0.89%
Older End-of-Day Signals for OTEX ...

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Profile

Open Text Corporation Description

Open Text Corporation engages in the design, development, marketing, and sale of enterprise information management software and solutions. The company licenses and sells software products, including enterprise content management that assists customers with content management, collaboration tools, records management, email management, and archiving capabilities; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management with Web content management, digital asset management, customer communications management, social media applications, portal, and mobility solutions. Its products also include information exchange solutions comprising capture and fax management systems, managed file transfer tools, EDI services, cloud-based file sharing, and data integration tools; and discovery solutions consisting of content analytics, auto classification, searching, semantic navigation, and eDiscovery, as well as information access platform to deal with the issue of information silos. In addition, the company provides customer support programs that include access to software upgrades and an on-line mechanism to post and review trouble tickets. Further, it offers professional services, such as consulting, learning, and hosting services relating to the implementation, training, and integration of its product offerings into the customer's systems; and cloud services through services arrangements, which allow its customers to make use of legacy EasyLink and OpenText software, services, and content over Internet enabled networks. The company serves organizations, mid-market companies, and government agencies in Canada, the United States, the United Kingdom, Germany, rest of Europe, and internationally. It has strategic partnerships with SAP, Microsoft Corporation, and Oracle Corporation. Open Text Corporation was founded in 1991 and is headquartered in Waterloo, Canada.


Classification

Sector: Technology
Industry: Software - Application
Keywords: Computing Cloud Infrastructure Social Media Information Technology Management Information Management Business Process Management Fax Content Management Cloud Services Enterprise Content Management File Sharing Content Management Systems Data Integration Media Applications Mobility Solutions Records Management Enterprise Information Management Oracle Corporation Records Management Technology Waterloo Collaboration Tools Sap Se Web Content Customer Communications Information Management Software Web Content Management Customer Communications Management Customer Support Programs Digital Asset Management Email Management Managed File Transfer

Is OTEX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 50.21
52 Week Low 36.18
Average Volume 494,962
200-Day Moving Average 44.61
50-Day Moving Average 47.64
20-Day Moving Average 48.68
10-Day Moving Average 49.21
Average True Range 0.81
ADX 21.15
+DI 28.68
-DI 13.82
Chandelier Exit (Long, 3 ATRs ) 47.78
Chandelier Exit (Short, 3 ATRs ) 49.45
Upper Bollinger Band 50.22
Lower Bollinger Band 47.15
Percent B (%b) 0.9
BandWidth 6.31
MACD Line 0.63
MACD Signal Line 0.55
MACD Histogram 0.0849
Fundamentals Value
Market Cap 13.6 Billion
Num Shares 272 Million
EPS 0.97
Price-to-Earnings (P/E) Ratio 51.46
Price-to-Sales 3.71
Price-to-Book 2.94
PEG Ratio 0.87
Dividend 0.80
Dividend Yield 1.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.58
Resistance 3 (R3) 50.53 50.26 50.47
Resistance 2 (R2) 50.26 50.09 50.29 50.43
Resistance 1 (R1) 50.09 49.99 50.18 50.14 50.40
Pivot Point 49.82 49.82 49.86 49.85 49.82
Support 1 (S1) 49.65 49.65 49.74 49.70 49.44
Support 2 (S2) 49.38 49.55 49.41 49.41
Support 3 (S3) 49.21 49.38 49.37
Support 4 (S4) 49.26