OTEX:CA
Canadian stock research

(OTEX) Trading Strategy and 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$37.88$41.31 (+9.05%)$37.69 (−0.50%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$41.31$37.88 (−8.30%)$41.52 (+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 18.1 : 1
  1. Step 1 · EnterBuy near$37.88
  2. Step 2 · Take profitSell at$41.31+9.05%
  3. Step 3 · ProtectExit if price falls below$37.69−0.50%
PlanBuy OTEX:CA near $37.88 · Target $41.31 · Stop $37.69
Order LevelPriceDistance from Trigger
Target (take profit at)$41.31+9.05%
Entry Zone (buy near)$37.88—
Stop Loss (exit if below)$37.69−0.50%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 18.1 : 1
Entry$37.88
Target$41.31
Stop Loss$37.69
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 16.3 : 1
  1. Step 1 · EnterSell short near$41.31
  2. Step 2 · Take profitBuy back (cover) at$37.88−8.30%
  3. Step 3 · ProtectExit if price rises above$41.52+0.51%
PlanShort OTEX:CA near $41.31 · Target $37.88 · Stop $41.52
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$41.52+0.51%
Trigger (short below)$41.31—
Target (cover at)$37.88−8.30%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 16.3 : 1
Entry$41.31
Target$37.88
Stop Loss$41.52

Multi-Timeframe Signal AnalysisNEUTRAL BIAS

TIME HORIZONSIGNAL STRENGTH
Near-termNeutral
Mid-termStrong
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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