tickeronAI

OTEX was a top quarterly gainer. Expect an Uptrend continuation

Long
TSX:OTEX   OPEN TEXT CO
Open Text (OTEX, $42.72) was one of top quarterly gainers, jumping +40.07% to $42.72 per share. My A.I.dvisor analyzed 154 stocks in the Packaged Software Industry over the last three months, and discovered that 150 of them (97.67%) charted an Uptrend while 4 of them (2.33%) trended down. My A.I.dvisor found 95 similar cases when OTEX's price jumped over 15% within three months. In 72 out of those 95 cases, OTEX's price went up during the following month. Based on these historical data, my A.I. thinks the odds of an Uptrend continuation for OTEX are 76%.

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