Is OTEX Worth Buying in 2026?

Open Text Corp

STOCK SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN Updated 2026-06-14

Here’s whether Open Text Corp (OTEX) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Caution.

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Caution

Positives: 50-day MA is rising (+0.76% over 10 days); RSI 41 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); weak 1-year return of -23.4%. Currently 44.3% off its 52-week high. Score: -2/7.

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OTEX is trading below its 200-day MA ($29.44) — a key warning sign the longer-term trend is under pressure. An RSI of 41.2 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -23.4% compares to +22.9% for SPY (trailed the market by 46.3%). The current 44.3% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $7,660 today
vs. S&P 500 (SPY) — same period trailed market by 46.3%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($29.44)
Above 50-day MA ($22.96)
RSI(14) neutral zone (30–70) — currently 41.2
Positive return (-23.4%)
!Within 10% of period high (−44.3%)
Period Range $22.23
$20.00 $39.90
RSI (14) 41.2
0 · OversoldOverbought · 100

Key Metrics

Price$22.23
Period Return-23.4%
Period High$39.90
Period Low$20.00
Drawdown−44.3%
MA-50$22.96
MA-200$29.44
RSI (14)41.2
Avg Volume (30d)3.2M
vs. SPYtrailed by 46.3%
Return Rank#898 of 1246

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