OTEX | NASDAQ Stock Exchange

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Open Text: Uptrend for the long term trend is continued
Long Trend /
Open Text: Uptrend for the long term trend is continued

[BULLISH]: Open Text is in an uptrend in the medium term timeframe.. The highest rally for the month is 14

[Low Stress]: Low drawdown associated with recent trading of OTEX
Ulcer Index /
[Low Stress]: Low drawdown associated with recent trading of OTEX

[BEARISH]: Open Text UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.193.

Elders Force Index /
Recent trading highlights continued selling pressure is present for OTEX

[BEARISH]: Open Text current price has highlighted recent selling pressure. Currently, the Elders Force Index is -34639.

Exponential Moving Average /
The EMA trend following signal is now active for Open Text [Bearish]

OTEX: EMA(5) Recent Trading -> (1) 21 Sep: 38.2924 (2) 20 Sep: 38.3536 (3) 19 Sep: 38.2753

Fibonacci Fans /
[Long]: Entry price for OTEX should be set @$38.15

Open Text: The current Fibonacci Fan levels are: (23.61%) $40.58: (38.2%) $40.9: (50%) $41.15: (61.8%) $41.41The current support levels are: (78.6%) $41.77: (100%) $42.23: (138.2%) $43.06: (161.8%) $43.57: (261.8%) $45.74: (423.61%) $49.25

Fibonacci Extensions /
The 161.8% Fibonacci extension level for OTEX has moved to the lower limit. Stoploss should be positioned @$32.24

Open Text has moved below the 161.8% level ($38.15) [Bullish]. Look for a long limit order entry near this point. Exit price for OTEX should be set @$44.06 & Stoploss for Open Text should be set at $32.24

14-day volume rate of change is now increasing for Open Text
Volume Rate of Change /
14-day volume rate of change is now increasing for Open Text

[BULLISH CROSSOVER]: Open Text currently has positive volume of change of 79%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.9%.

Fibonacci Retracements /
Open Text has yet to break the 61.8% retracement level ($38.15) [Bullish]

Open Text is still above the 61.8% retracement level ($38.15) [Bullish]. Look for a long limit order entry near this point. Exit price for OTEX should be set @$47.71 & Stoploss for Open Text should be set between $46.87

Ease of Movement /
Price was difficult to move upward in recent trading on high volume causing an uptrend in price for OTEX

OTEX: EOM Recent Trading -> (1) 21 Sep: 1.813 (2) 20 Sep: 44.567 (3) 19 Sep: -48.048

Open Text: Average True Range (0.588) has confirmed an downtrend is present
Average True Range /
Open Text: Average True Range (0.588) has confirmed an downtrend is present

[Bearish]: Average True Range has confirmed an downtrend is present. Open Text has a TR of 0.55, and an ATR(14) of 0.588.

Open Text: Current trading activity signals accumulation is present
Accumulation / Distribution /
Open Text: Current trading activity signals accumulation is present

[BULLISH]: Open Text (NASDAQ:OTEX) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 2.79717e+006.

Average Directional Movement /
Daily trading has confirmed an ADX weak trend (14.18) for Open Text

[Weak Trend]: ADX for OTEX has confirmed a weak trend is present. Open Text has an ATR(14) of 0.588, a DX of 6.96 & an ADX(14) of 14.18

Momentum /
Momentum(5) is now decreasing for Open Text

[BEARISH CROSSOVER]: Open Text currently has negative momentum of -0.45 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.9%.The largest downward momentum rally for the last 3 months is 3 days producing a return of 0%.

Woodie Pivot Point /
Long positions for Open Text should be set between $38.293 & $38.446

Open Text has broken the first Woodie resistance point ($38.446) [Bullish]. Look for a long limit order entry near this point. Exit price for OTEX should be set @$38.843 & Stoploss for Open Text should be set at $37.743

Open Text is being actively accumulated based on DVI
Daily Volume Index /
Open Text is being actively accumulated based on DVI

OTEX: DVI Current Signal -> (1) 21 Sep: BULLISH (2) 20 Sep: BULLISH (3) 19 Sep: BULLISH

Open Text: Rate of Change (14)
Rate of Change /
Open Text: Rate of Change (14)

OTEX: ROC Current Signal -> (1) 21 Sep: BEARISH (2) 20 Sep: BEARISH (3) 19 Sep: BEARISH

Medium Trend /
OTEX: Medium term trend is still an Downtrend

OTEX: Medium Term Current Signal -> (1) 21 Sep: BEARISH (2) 20 Sep: BEARISH (3) 19 Sep: BEARISH

Close Tod Vs Range Tod /
Currently this quarter, closing price for OTEX has spent 4 days in the lower price range

OTEX: Close versus price range Current Signal ->(1) 21 Sep: BEARISH (2) 20 Sep: BULLISH (3) 19 Sep: BULLISH

Weighted Moving Average /
Price is now trading below the Weighted Moving Average(5) for OTEX

[BEARISH]: Open Text currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.9%.

[Long]: Exit price for OTEX should be set @$38.883
Pivot Points /
[Long]: Exit price for OTEX should be set @$38.883

Open Text has broken the first support point ($37.976) [Bearish]. Look for a short limit order entry near this point. Exit price for OTEX should be set @$37.783 & short position stoploss for Open Text should be set between $38.883 & $39.076

Percentage volume oscillator remains negative for OTEX
Percentage Volume /
Percentage volume oscillator remains negative for OTEX

[BEARISH]: Open Text currently has negative PVO -8.32%. The recent volume is losing momentum through a fall on the short term exponential moving average.

Price is now trading below the Triangular Moving Average(5) for OTEX
Triangular Moving Average /
Price is now trading below the Triangular Moving Average(5) for OTEX

[BEARISH]: Open Text currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.9%.

Detrended Price Oscillator /
Open Text: Detrended Price Oscillator(20) is -0.8075

[BEARISH]: Open Text currently has a confirmed downtrend. Price is currently below the displaced moving average for OTEX. Currently, the return on DPO20 is -0.9%.

MACD Volume /
The Volume MACD continues to fall below the signal line for OTEX [Bearish]

[BEARISH]: Open Text currently has negative Volume MACD of -6086. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Sine Weighted Moving Average /
[Downtrend]: Recent trading for OTEX confirms bearish SWMA(5) signal

[BEARISH]: Open Text currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.9%.

Aroon Oscillator /
Open Text: Aroon oscillator (-52) has confirmed a strong downtrend is present

[BEARISH]: Open Text has a current ARU(25) of 40 and a current ARD(25) of 92

Open Text: Current trading activity signals OBV accumulation is present
On Balance Volume /
Open Text: Current trading activity signals OBV accumulation is present

[BULLISH]: Open Text current price has highlighted recent accumulation. Currently, the OBV is 5.17849e+006.

Daily trading has increased the bull power to drive prices for Open Text
Elder Ray Index /
Daily trading has increased the bull power to drive prices for Open Text

[BULLISH]: Open Text Elder Ray Index is signalling a Bullish movementERI is 0.276 indicating bull power. Prices are being driven above the consensus of value for OTEX during the last trading session [Buying Pressure]

Percentage Price /
The current price is still losing momentum through a fall for OTEX on the short term EMA.

[BEARISH]: Open Text currently has negative PPO -0.174%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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