OPENDOOR TECHNOLOGIES INC (OPEN)

US6837121036 - Common Stock

1.99  +0.29 (+17.06%)

After market: 1.9801 -0.01 (-0.5%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to OPEN. OPEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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: 86% of all stocks are doing better.
OPEN is part of the Real Estate Management & Development industry. There are 68 other stocks in this industry, of which 68% are performing better than OPEN.
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 35195800 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 1.52 - 2.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OPEN Weekly chart
OPEN Daily chart
Setup Rating and Analysis

3

The technical rating of OPEN is bad and it also does not present a 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.

Support and Resistance Analysis

1.58

2.71

When analyzing the support we notice one important area.

  • Support @1.60 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 2.00 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.68 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.55
Mansfield-3.18
10 Day High2.01
10 Day Low1.52
20 Day High2.02
20 Day Low1.52
52 Week High4.89
52 Week Low1.52
Performance
1 Week19.88%
2 Weeks7.57%
1 Month13.71%
3 Month-11.56%
6 Month-6.57%
12 Month-23.75%
2 Year7.57%
3 Year-87.44%
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)0.01
RSI(14)59.79
LBB1.54
UBB2
OPEN Daily chart

OPENDOOR TECHNOLOGIES INC

NASDAQ:OPEN (11/22/2024, 8:00:02 PM)

After market: 1.9801 -0.01 (-0.5%)

1.99

+0.29 (+17.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg17.06%
1 Week19.88%
2 Weeks7.57%
1 Month13.71%
3 Month-11.56%
6 Month-6.57%
12 Month-23.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%7.37%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.01
10 Day Low1.52
20 Day High2.02
20 Day Low1.52
52 Week High4.89
52 Week Low1.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume89.64M
Volume Incr32.73%
Vol(5)43.65M
Vol(50)35.20M