OPENDOOR TECHNOLOGIES INC (OPEN) Stock Technical Analysis
NASDAQ:OPEN - Nasdaq - US6837121036 - Common Stock - Currency: USD
Overall OPEN gets a technical rating of 0 out of 10. OPEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, OPEN is a bad performer in the overall market: 94% of all stocks are doing better.
OPEN is one of the lesser performing stocks in the Real Estate Management & Development industry. 83% of 63 stocks in the same industry do better.
OPEN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
OPEN has an average volume of 37574300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OPEN has a been trading in the 1.28 - 1.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OPEN has a poor technical rating and the quality of the setup is also only medium 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
1.38
2.40
We can see 5 important resistance areas.
- A resistance zone ranging from 1.54 to 1.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.79 from a trend line in the weekly time frame.
- Resistance @2.01 from a trend line in the daily time frame.
- Resistance @2.22 from a trend line in the weekly time frame.
- Resistance @2.38 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.18
Mansfield-3.76
10 Day High1.63
10 Day Low1.31
20 Day High1.63
20 Day Low1.28
52 Week High3.32
52 Week Low1.28
Performance
1 Week-7.33%
2 Weeks0%
1 Month-2.8%
3 Month-30.15%
6 Month-38.22%
12 Month-51.57%
2 Year-3.47%
3 Year-83.35%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)42.98
LBB1.26
UBB1.6
1.39
-0.09 (-6.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-6.08%
1 Week-7.33%
2 Weeks0%
1 Month-2.8%
3 Month-30.15%
6 Month-38.22%
12 Month-51.57%
2 Year-3.47%
3 Year-83.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.79%
ATR Inc19.1%
Range Today0.14
ADR(20)0.11
ADR(20)%7.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.18
Mansfield-3.76
10 Day High1.63
10 Day Low1.31
20 Day High1.63
20 Day Low1.28
52 Week High3.32
52 Week Low1.28
CS1 EndN/A
CR1 Start1.54
Volume & EV
DER(3)-0.76%
DER(5)2.47%
Volume51.97M
Volume Incr17.75%
Vol(5)43.43M
Vol(50)37.57M