OTEX:CA
Canadian stock research

(OTEX) Technical Analysis and Trading Signals

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$35.32$39.25 (+11.1%)$35.14 (−0.51%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$39.25$35.32 (−10.0%)$39.45 (+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 21.8 : 1
  1. Step 1 · EnterBuy near$35.32
  2. Step 2 · Take profitSell at$39.25+11.1%
  3. Step 3 · ProtectExit if price falls below$35.14−0.51%
PlanBuy OTEX:CA near $35.32 · Target $39.25 · Stop $35.14
Order LevelPriceDistance from Trigger
Target (take profit at)$39.25+11.1%
Entry Zone (buy near)$35.32—
Stop Loss (exit if below)$35.14−0.51%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 21.8 : 1
Entry$35.32
Target$39.25
Stop Loss$35.14
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 19.6 : 1
  1. Step 1 · EnterSell short near$39.25
  2. Step 2 · Take profitBuy back (cover) at$35.32−10.0%
  3. Step 3 · ProtectExit if price rises above$39.45+0.51%
PlanShort OTEX:CA near $39.25 · Target $35.32 · Stop $39.45
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$39.45+0.51%
Trigger (short below)$39.25—
Target (cover at)$35.32−10.0%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 19.6 : 1
Entry$39.25
Target$35.32
Stop Loss$39.45

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).

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