OPENDOOR TECHNOLOGIES INC-26 (OPENZ) Technical Analysis
NASDAQ:OPENZ
Current stock price
OPENZ Technical Rating and Analysis
Overall OPENZ gets a technical rating of 5 out of 10. In the last year, OPENZ was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than OPENZ.
- The long and short term trends are both positive. This is looking good!
- In the last month OPENZ has a been trading in the 0.21 - 0.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
OPENZ Weekly and Daily overview Charts
OPENZ Setup Rating and Analysis
OPENZ has an average technical rating and it also 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.
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OPENZ Support and Resistance Analysis
0.38
2 important resistance areas can be observed.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.41 from a horizontal line in the daily time frame.
OPENZ Technical Indicator Signal Analysis
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 OPENZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPENZ is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | OPENZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPENZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OPENZ is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 62.71 | NEUTRAL | The RSI value for OPENZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OPENZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.62 | NEUTRAL | The Stochastics value for OPENZ is a neutral value. |
| Average True Range in percent/ATR (20) | 11.22 | HIGH VOLATILITY | The high ATR as a percentage value for OPENZ suggests high volalility. |
| Average Directional Index/ADX (14) | 31.14 | POSITIVE | The high ADX value value for OPENZ suggests a strong trend. |
OPENZ Chart- and CandleStick Pattern Analysis
OPENZ Technicals: Chart, Performance Metrics, Trend & Indicators
0.3879
-0.01 (-1.52%)
OPENDOOR TECHNOLOGIES INC-26 / OPENZ TA FAQ
What is the ChartMill technical rating of OPENDOOR TECHNOLOGIES INC-26 (OPENZ) stock?
ChartMill assigns a technical rating of 5 / 10 to OPENZ.
What is the trend direction for OPENZ stock?
The current trend direction for OPENDOOR TECHNOLOGIES INC-26 (OPENZ) is Bullish.
What is the RSI signal for OPENDOOR TECHNOLOGIES INC-26 (OPENZ) stock?
OPENDOOR TECHNOLOGIES INC-26 (OPENZ) has an RSI value of 62.7067. This indicates that the stock is currently neutral.
What is the MACD signal for OPENDOOR TECHNOLOGIES INC-26 (OPENZ) stock?
The MACD indicator for OPENDOOR TECHNOLOGIES INC-26 (OPENZ) has a value of 0.00957556, indicating a bearish trend.
What are the support and resistance levels for OPENDOOR TECHNOLOGIES INC-26 (OPENZ) stock?
OPENDOOR TECHNOLOGIES INC-26 (OPENZ) has a resistance level at 0.4. Check the full technical report for our detailed analysis of OPENZ support and resistance levels.