OTEX:CA
Canadian stock research

(OTEX) Market Performance Analysis

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$34.08$37.28 (+9.39%)$33.91 (−0.50%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$37.28$34.08 (−8.58%)$37.47 (+0.51%)Enter short near the entry level; cover at the target; stop loss if resistance breaks.
Position Trading StrategyLONG
Multi-Week (Position)Reward/Risk 18.8 : 1
  1. Step 1 · EnterBuy near$34.08
  2. Step 2 · Take profitSell at$37.28+9.39%
  3. Step 3 · ProtectExit if price falls below$33.91−0.50%
PlanBuy OTEX:CA near $34.08 · Target $37.28 · Stop $33.91
Order LevelPriceDistance from Trigger
Target (take profit at)$37.28+9.39%
Entry Zone (buy near)$34.08—
Stop Loss (exit if below)$33.91−0.50%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 18.8 : 1
Entry$34.08
Target$37.28
Stop Loss$33.91
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 16.8 : 1
  1. Step 1 · EnterSell short near$37.28
  2. Step 2 · Take profitBuy back (cover) at$34.08−8.58%
  3. Step 3 · ProtectExit if price rises above$37.47+0.51%
PlanShort OTEX:CA near $37.28 · Target $34.08 · Stop $37.47
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$37.47+0.51%
Trigger (short below)$37.28—
Target (cover at)$34.08−8.58%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 16.8 : 1
Entry$37.28
Target$34.08
Stop Loss$37.47

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).

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