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Open Text Corporation

Stage 3 · Topping · week 1

As of Oct 22, 2026, Open Text is in Stage 3, the topping phase, now in its first week (since Oct 19, 2026). It closed at $27.94, 26.6% below its 52-week high and above its 200-day average, which is falling.

Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. More about the company

$27.94
+4.45% today
$6.8B · Mid cap
Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Accelerating ⇈

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 17w
S1 13w
S4 27w
S2 20w
S4 19w
S1 17w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S3 8w → S4 8w → S1 4w → S2 9w → S3 6w → S4 17w → S1 13w → S4 27w → S1 8w → S2 20w → S3 9w → S4 19w → S1 17w → S4 1w → S3 1w current
Total tracked: 166 weeks across 15 stage runs.

OTEX among Software - Application109th of 221 by relative strength

All 221 →
Stocks in Software - Application ranked by relative strength, with stage and one-month change
#StockStageRS1M
1RNGStage 2 · wk 1397+0.2%
2DHXStage 2 · wk 2997+3.5%
3FSLYStage 2 · wk 1197−24.3%
4PUBMStage 2 · wk 2495−1.6%
5FROGStage 2 · wk 2194+1.7%
6MITKStage 3 · wk 593+1.0%
7RSKDStage 2 · wk 1993+24.9%
8OOMAStage 3 · wk 192−10.7%
…109OTEXStage 3 · wk 136+21.1%
vs 52W High
-26.6%
$19.78 lo$38.06 hi
26.6% below 52W high, weakening from peak
The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.
Stage Maturity
Week 1
1w13w26w
Week 1, early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
18.4%
200 DMA: $23.61 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
1.45x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.
Trend Health
↑ ⇈
Short-term trend rising strongly, and accelerating
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+21.1%
3M
+26.3%
6M
+28.3%
YTD
-9.0%
1Y
-25.7%
Scan Membership
Breakout Watch
Latest: 2024-01-04
6 appearances in last 60 days. First seen: 2019-03-08.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S3
Wk 1 · Vol 1.45x
2026-10-21S3
Wk 1 · Vol 0.71x
2026-10-20S3
Wk 1 · Vol 0.88x
2026-10-19S34→3
Wk 1 · Vol 0.65x
2026-10-16S4
Wk 1 · Vol 1.29x
2026-10-15S4
Wk 1 · Vol 1.71x
2026-10-14S41→4
Wk 1 · Vol 0.98x
2026-10-13S1
Wk 17 · Vol 1.27x
2026-10-12S1
Wk 17 · Vol 0.66x
2026-10-09S1
Wk 17 · Vol 0.75x
2026-10-08S1
Wk 16 · Vol 0.86x
2026-10-07S1
Wk 16 · Vol 0.85x
Moving averages & range
50 DMA
$23.88
200 DMA
$23.61
52W High
$38.06
52W Low
$19.78
5D Low
$25.50
Resistance levels (recent highs)
20d High
$27.94
60d High
$27.94
120d High
$27.94
250d High
$38.06
Next resistance
+36.2%
to 250d High
P/E (TTM)
10.8
Forward 6.5
Earnings Growth (YoY)
+476.1%
Revenue +2.9%
ROE
+16.2%
Profit margin +12.3%
Dividend Yield
4.19%
P/B 1.7

Open Text: quick answers

What stage is Open Text in?

As of Oct 22, 2026, Open Text (OTEX) is in Stage 3, the topping phase. It entered Stage 3 on Oct 19, 2026 and is in its first week there. What the four stages mean

Is Open Text in an uptrend?

Its uptrend has stalled. Open Text is in Stage 3, the topping phase that follows an advance. It trades 18.4% above its 200-day average, which is falling.

How far is Open Text from its 52-week high?

Open Text closed at $27.94 on Oct 22, 2026, 26.6% below its 52-week high of $38.06. Its 52-week low is $19.78.

How has Open Text performed over the past year?

As of Oct 22, 2026, Open Text is down 25.7% over the past year and down 9.0% so far in 2026.

Which sector and industry is Open Text in?

Open Text is in the Software - Application industry, part of the Information Technology sector.

About this companyInformation Technology· Software - Application

Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations. The company offers cloud services and subscriptions, including software as a service offerings, application programming interfaces and data services, and private cloud products, such as hosted services and managed service arrangements; foundational platform of technology services; and packaged business applications, as well as managed services and outsourced B2B integration solutions, including program implementation, operational management, and customer support. It also engages in licensing software products to customers; and consulting and learning services, such as implementation, training, and integration of licensed product offerings into the customer's systems. In addition, the company offers content, business network, observability and service management, cybersecurity, application delivery management, and analytics. It has partnerships with SAP SE, Google Cloud, Amazon Web Services, Microsoft Corporation, Oracle Corporation, and SALESFORCE, INC., as well as global systems integrators, including Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company serves global 10,000 organizations, enterprise companies, public sector agencies, mid-market companies, SMBS, and direct consumers. The company has a strategic partnership with Cohere to develops and provides agentic AI to governments and regulated industries. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.