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OTEX forms 20 Day Moving Average Support on July 9

SwingTradeBot Nightly Stock Scan: Open Text Corporation (OTEX) — Technical Patterns & Alerts · Jul 9, 2026, 20:01 ET
OTEX posted a 1.77% gain on Thursday, July 9th, accompanied by 0.3× normal trading volume. Mixed technical signals appeared with 20 DMA Support and Crossed Above 50 DMA and 180 Bullish Setup suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 22.14, 21.3 & 20.88, with resistance at 23.39, 23.81 & 24.65. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of OTEX: D

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Open Text Corporation (OTEX)