OTEX:CA
Canadian stock research

(OTEX) Comprehensive Trading Strategy Report

Proprietary Signals for OTEX:CA

Stock Chart for OTEX:CA

Chart for Open Text Corporation (OTEX:CA)

Blue = Current Price
Red = Resistance
Green = Support

Trading Plans Summary

Side-by-Side Comparison
Trading PlanBiasAction / TriggerProfit TargetStop LossExecution Rule
Position Trading Strategy
Multi-Week (Position)
LONG$37.28$40.43 (+8.45%)$37.09 (−0.51%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$40.43$37.28 (−7.79%)$40.63 (+0.49%)Enter short near the entry level; cover at the target; stop loss if resistance breaks.
Position Trading StrategyLONG
Multi-Week (Position)Reward/Risk 16.6 : 1
  1. Step 1 · EnterBuy near$37.28
  2. Step 2 · Take profitSell at$40.43+8.45%
  3. Step 3 · ProtectExit if price falls below$37.09−0.51%
PlanBuy OTEX:CA near $37.28 · Target $40.43 · Stop $37.09
Order LevelPriceDistance from Trigger
Target (take profit at)$40.43+8.45%
Entry Zone (buy near)$37.28—
Stop Loss (exit if below)$37.09−0.51%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 16.6 : 1
Entry$37.28
Target$40.43
Stop Loss$37.09
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 15.7 : 1
  1. Step 1 · EnterSell short near$40.43
  2. Step 2 · Take profitBuy back (cover) at$37.28−7.79%
  3. Step 3 · ProtectExit if price rises above$40.63+0.49%
PlanShort OTEX:CA near $40.43 · Target $37.28 · Stop $40.63
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$40.63+0.49%
Trigger (short below)$40.43—
Target (cover at)$37.28−7.79%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 15.7 : 1
Entry$40.43
Target$37.28
Stop Loss$40.63

Multi-Timeframe Signal AnalysisWEAK BIAS

TIME HORIZONSIGNAL STRENGTH
Near-termWeak
Mid-termNeutral
Long-termWeak

Check the time stamp on this data. Updated Proprietary Signals for Open Text Corporation (OTEX:CA) available here (OTEX:CA stock signals).

Triggers may have already come

Get Real Time Triggers Here.

Recent Articles on Open Text Corporation (OTEX:CA) 145 articles

Start your free trial of Stock Traders Daily →