OTEX Open Text Corp.

Software - Application NasdaqGS

$28.68 -0.19 (-0.66%)
update: 2025-06-29
Prev Close $28.87
Market Cap $6.69B
Day Range $28.43 - $29.04
Open $28.95
P/E Ratio 10.59
52W Change -14.55%
24H Volume 1.34M
Dividend Yield 4.06%
EPS 3.68951
DAY WEEK PRICE LEVEL

Trading Signals

Overall Signal

BUY

Strong buyish signal based on multiple indicators.

Confidence: 32%
Updated: 2025-06-29

Key Price Levels

Support Levels

  • Strong Support $26.97
  • Medium Support $27.54
  • Weak Support $28.11

Resistance Levels

  • Weak Resistance $29.25
  • Medium Resistance $29.82
  • Strong Resistance $30.39

Stop Loss Suggestions

  • Conservative $27.43
  • Moderate $27.82
  • Aggressive $27.25

Analyst Ratings

Current Rating

Strong Buy 2
Buy 1
Hold 9
Sell 0
Strong Sell 0

Chart Analyst Ratings Loading

Last Month

Strong Buy 1
Buy 2
Hold 9
Sell 0
Strong Sell 0

2 Months Ago

Strong Buy 1
Buy 2
Hold 9
Sell 0
Strong Sell 0

3 Months Ago

Strong Buy
Buy
Hold
Sell
Strong Sell

Signal Indicator

Indicator Signal Strength Timeframe
Moving Averages BUY
Short & Medium Term
Oscillators BUY
Short Term
Trend Indicators BUY
Medium Term
Volume Indicators SELL
Short & Medium Term
Support/Resistance NEUTRAL
Short Term
Data Source: Consolidated ratings from various investment bank analysts. Ratings may change over time.

Stock Price Prediction Price Target Probabilities

Quarterly Outlook

OTEX Quarterly Outlook
2025-06-29

Bullish Scenario

Probability 35.16%
from current 13.08%
Prediction $32

Strong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (13.32) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (55.43) is in bullish territory, indicating upward momentum. MACD line (-0.02) is above Signal line (-0.43) (bullish crossover), confirming upward momentum. Current Weekly ATR is 1.50, indicating the average weekly price range.

OTEX Quarterly Outlook
2025-06-29

Base Scenario

Probability 53.85%
from current 2.62%
Prediction $29

Price is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (13.32) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (55.43) is in bullish territory, indicating upward momentum. MACD line (-0.02) is above Signal line (-0.43) (bullish crossover), confirming upward momentum. Current Weekly ATR is 1.50, indicating the average weekly price range.

OTEX Quarterly Outlook
2025-06-29

Bearish Scenario

Probability 10.99%
from current -10.46%
Prediction $26

Increased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (13.32) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (55.43) is in bullish territory, indicating upward momentum. MACD line (-0.02) is above Signal line (-0.43) (bullish crossover), confirming upward momentum. Current Weekly ATR is 1.50, indicating the average weekly price range.

Annual Outlook

OTEX Annual Outlook
2025-06-29

Bullish Scenario

Probability 35.16%
from current 26.15%
Prediction $36

Long-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (13.32) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (55.43) is in bullish territory, indicating upward momentum. MACD line (-0.02) is above Signal line (-0.43) (bullish crossover), confirming upward momentum. Current Weekly ATR is 1.50, indicating the average weekly price range.

OTEX Annual Outlook
2025-06-29

Base Scenario

Probability 53.85%
from current 5.23%
Prediction $30

Steady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (13.32) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (55.43) is in bullish territory, indicating upward momentum. MACD line (-0.02) is above Signal line (-0.43) (bullish crossover), confirming upward momentum. Current Weekly ATR is 1.50, indicating the average weekly price range.

OTEX Annual Outlook
2025-06-29

Bearish Scenario

Probability 10.99%
from current -20.92%
Prediction $23

Long-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (13.32) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (55.43) is in bullish territory, indicating upward momentum. MACD line (-0.02) is above Signal line (-0.43) (bullish crossover), confirming upward momentum. Current Weekly ATR is 1.50, indicating the average weekly price range.

Technical Analysis

Trend Identification

EMA

Exponential Moving Average

BUY
EMA(20) 28.4
EMA(55) 27.17
EMA(100) 27.04

Current price (28.68) is above both Short MA (28.40) and Long MA (27.17). This indicates strong bullish momentum. Short MA (28.40) is above Long MA (27.17), a bullish crossover ('Golden Cross' if it's a significant period). This indicates an upward trend. All MAs are in bullish order (Price > Short MA > Long MA > Very Long MA 27.04). This is a strong bullish alignment. Consider long positions. Use the MAs as dynamic support levels.

MACD

Moving Average Convergence Divergence

SELL
MACD Line(12) 0.23
Signal Line(26) 0.25
Histogram(9) -0.02

MACD line is below the Signal line (bearish crossover). This indicates downward momentum. Histogram (-0.0200) is negative and expanding, confirming bearish momentum. Both MACD and Signal lines are above the zero line, reinforcing bullish momentum (bullish territory). A bearish crossover above the zero line can indicate a reversal from a prior uptrend. Consider this as a potential early sell signal.

ADX

Average Directional Index

BUY
ADX(14) 22.33
+DI 24.46
-DI 18.77

ADX (22.33) indicates a developing or weakening trend. +DI (24.46) is above -DI (18.77), suggesting a bullish directional bias. Be cautious with current positions. Monitor for trend continuation or reversal signals.

Momentum Measurement

RSI

Relative Strength Index

BUY
Current RSI(14) 56.18
Oversold Neutral Overbought

RSI (56.18) is in the bullish territory, but not yet overbought. This indicates upward momentum. Monitor for continuation or signs of weakness.

OBV

On-Balance Volume

Rising
OBV Trend Upward
OBV vs Price Confirming

OBV (61016.00) is falling, indicating selling pressure and distribution. Price is falling and OBV is falling. This is bearish confirmation, indicating selling pressure supports the price decrease. Consider holding short positions or initiating new ones. Volume is supporting the trend.

Stochastic

Stochastic Oscillator

NEUTRAL
%K Line 86.47
%D Line 81.35

Stochastics (%K: 86.47, %D: 81.35) are in the overbought zone (above 80). This suggests the asset may be losing upward momentum. A bullish crossover (%K above %D) is observed. This indicates upward momentum. Be cautious if it's already in the overbought region.

CCI

Commodity Channel Index

BUY
CCI(20) 69.97

CCI (69.97) is between 0 and +100. This indicates bullish momentum is present, but not yet extreme. A move above 0 from negative territory (bullish zero-line cross) can indicate a potential buy signal.

Volatility Measurement

ATR

Average True Range

0.57
ATR(14) 0.57
ATR % of Price ...%

Current ATR is 0.5700. ATR indicates average volatility. Market conditions are relatively stable.

Bollinger Bands

Volatility Bands

BUY
Upper Band 29.08
Middle Band (MA20) 28.4
Lower Band 27.72
Band Width 5%

Current price (28.68) is within the Bollinger Bands (27.72 - 29.08). This suggests the price is trading within its typical volatility range. Price is above the Middle Band (28.40), indicating short-term bullish bias.

Risk Management & Potential Reversals

SAR

Parabolic Stop and Reverse

BUY
Current SAR 27.43
Distance from Price 4.36%

SAR points below price indicate bullish trend. Current SAR at 27.43 is 4.36% from price. Consider SAR as a potential stop-loss level to protect gains in an uptrend.

RSI

Reversal Perspective

No Divergence
RSI Divergence None
Overbought/Oversold Neither

Current RSI level is in neutral territory. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.

Stochastic

Overbought

Approaching Overbought
Stochastic Position 86.5
Crossover Status Bullish

Stochastic is in overbought territory (86.5). Monitor for potential bearish crossover or movement below 80, which could signal a reversal. Current crossover status: Bullish.

Bollinger Bands

Reversal Perspective

Bullish Bias
Band Position Upper Half
Band Squeeze None

Bands show normal bandwidth. Price is in the upper half of the bands, suggesting a bullish bias.No indication of imminent volatility expansion or reversal.

Holder List (Top 20)

Holder Name Holder Type Shares Pct. Held Date Reported
Jarislowsky, Fraser Ltd INSTITUTIONAL 20626538 7.96% 2025-03-31
Vanguard Group Inc INSTITUTIONAL 11151279 4.3% 2025-03-31
Harris Associates L.P. INSTITUTIONAL 8979797 3.47% 2025-03-31
First Trust Advisors LP INSTITUTIONAL 8142921 3.14% 2025-03-31
Royal Bank of Canada INSTITUTIONAL 7050489 2.72% 2025-03-31
Arrowstreet Capital, Limited Partnership INSTITUTIONAL 6920118 2.67% 2025-03-31
HARRIS ASSOCIATES INVESTMENT TRUST-Oakmark International Fund MUTUALFUND 6801600 2.62% 2025-03-31
Beutel, Goodman & Company Ltd INSTITUTIONAL 6715724 2.59% 2025-03-31
FIL LTD INSTITUTIONAL 6159856 2.38% 2025-03-31
Cooke & Bieler LP INSTITUTIONAL 6105134 2.36% 2025-03-31
Mackenzie Financial Corporation INSTITUTIONAL 5876003 2.27% 2025-03-31
First TRT Exch-Trd Fd. II-First TRT NASDAQ Cybersecurity ETF MUTUALFUND 5528507 2.13% 2025-04-30
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund MUTUALFUND 3654914 1.41% 2025-01-31
VANGUARD WHITEHALL FUNDS-Vanguard Selected Value Fund MUTUALFUND 2548284 0.98% 2025-01-31
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund MUTUALFUND 2278379 0.88% 2025-03-31
Pear Tree Funds-Pear Tree Polaris Foreign Value Fund MUTUALFUND 1286301 0.5% 2025-03-31
iShares Trust-iShares Expanded Tech-Software Sector ETF MUTUALFUND 1033830 0.4% 2025-04-30
Brighthouse Funds Trust I-Harris Oakmark International Portfolio MUTUALFUND 1011986 0.39% 2025-03-31
J.P. Morgan Exch-Trd Fd. TRT-JPMorgan BetaBuilders Canada ETF MUTUALFUND 968082 0.37% 2025-01-31
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard FTSE All-World ex-US Small-Cap MUTUALFUND 898966 0.35% 2025-01-31