OPENDOOR TECHNOLOGIES INC (OPEN) Stock Technical Analysis
NASDAQ:OPEN - Nasdaq - US6837121036 - Common Stock - Currency: USD
Overall OPEN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, OPEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
OPEN is part of the Real Estate Management & Development industry. There are 64 other stocks in this industry. OPEN outperforms 100% of them.
OPEN has an average volume of 204569000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that OPEN is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
OPEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OPEN is lagging the market.
In the last month OPEN has a been trading in the 0.64 - 4.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although OPEN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.40
2.58
We can see 2 important resistance areas.
- A resistance zone ranging from 2.45 to 2.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.55 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OPEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPEN is up. |
| ChartMill Relative Strength | 98.14 | POSITIVE | OPEN has a high relative strength, it outperformed 98.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.36 | NEUTRAL | The RSI value for OPEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OPEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.57 | NEUTRAL | The Stochastics value for OPEN is a neutral value. |
| Average True Range in percent/ATR (20) | 21.62 | HIGH VOLATILITY | The high ATR as a percentage value for OPEN suggests high volalility. |
| Average Directional Index/ADX (14) | 50.58 | POSITIVE | The high ADX value value for OPEN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:OPEN (8/5/2025, 9:43:09 AM)
2.4247
-0.04 (-1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.43%
1 Week5.13%
2 Weeks-23.36%
1 Month293.22%
3 Month266.73%
6 Month83.58%
12 Month48.19%
2 Year-36.92%
3 Year-43.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%21.62%
ATR Inc-37.25%
Range Today0.06
ADR(20)0.47
ADR(20)%19.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.14
Mansfield5.39
10 Day High3.99
10 Day Low1.82
20 Day High4.97
20 Day Low0.64
52 Week High4.97
52 Week Low0.51
CS1 EndN/A
CR1 Start2.55
Volume & EV
DER(3)-0.34%
DER(5)-0.89%
Volume1.84M
Volume Incr-47%
Vol(5)188.51M
Vol(50)204.57M