OTEX:CA
Canadian stock research

(OTEX) Proactive Strategies

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$37.01$39.97 (+8.00%)$36.82 (−0.51%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$39.97$37.01 (−7.41%)$40.17 (+0.50%)Enter short near the entry level; cover at the target; stop loss if resistance breaks.
Position Trading StrategyLONG
Multi-Week (Position)Reward/Risk 15.6 : 1
  1. Step 1 · EnterBuy near$37.01
  2. Step 2 · Take profitSell at$39.97+8.00%
  3. Step 3 · ProtectExit if price falls below$36.82−0.51%
PlanBuy OTEX:CA near $37.01 · Target $39.97 · Stop $36.82
Order LevelPriceDistance from Trigger
Target (take profit at)$39.97+8.00%
Entry Zone (buy near)$37.01—
Stop Loss (exit if below)$36.82−0.51%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 15.6 : 1
Entry$37.01
Target$39.97
Stop Loss$36.82
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 14.8 : 1
  1. Step 1 · EnterSell short near$39.97
  2. Step 2 · Take profitBuy back (cover) at$37.01−7.41%
  3. Step 3 · ProtectExit if price rises above$40.17+0.50%
PlanShort OTEX:CA near $39.97 · Target $37.01 · Stop $40.17
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$40.17+0.50%
Trigger (short below)$39.97—
Target (cover at)$37.01−7.41%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 14.8 : 1
Entry$39.97
Target$37.01
Stop Loss$40.17

Multi-Timeframe Signal AnalysisSTRONG BIAS

TIME HORIZONSIGNAL STRENGTH
Near-termStrong
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) 75 articles

Start your free trial of Stock Traders Daily →