OTEX:CA
Canadian stock research

(OTEX) Trading Report

April 17, 2025, 09:19 AM ET
By Canada Research Desk
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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$35.10$38.74 (+10.4%)$34.92 (−0.51%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing		SHORT / HEDGE$38.74$35.10 (−9.40%)$38.93 (+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 20.2 : 1
  1. Step 1 · EnterBuy near$35.10
  2. Step 2 · Take profitSell at$38.74+10.4%
  3. Step 3 · ProtectExit if price falls below$34.92−0.51%
PlanBuy OTEX:CA near $35.10 · Target $38.74 · Stop $34.92
Order LevelPriceDistance from Trigger
Target (take profit at)$38.74+10.4%
Entry Zone (buy near)$35.10—
Stop Loss (exit if below)$34.92−0.51%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 20.2 : 1
Entry$35.10
Target$38.74
Stop Loss$34.92
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 19.2 : 1
  1. Step 1 · EnterSell short near$38.74
  2. Step 2 · Take profitBuy back (cover) at$35.10−9.40%
  3. Step 3 · ProtectExit if price rises above$38.93+0.49%
PlanShort OTEX:CA near $38.74 · Target $35.10 · Stop $38.93
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$38.93+0.49%
Trigger (short below)$38.74—
Target (cover at)$35.10−9.40%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 19.2 : 1
Entry$38.74
Target$35.10
Stop Loss$38.93

Multi-Timeframe Signal AnalysisSTRONG BIAS

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

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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