OPENDOOR TECHNOLOGIES INC (OPEN)

US6837121036 - Common Stock

1.67  -0.02 (-1.18%)

After market: 1.6699 0 (-0.01%)

Technical Rating and Analysis

0

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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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. 79% of 64 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. The S&P500 Index is trading in the upper part of its 52 week range, so OPEN is lagging the market.
In the last month OPEN has a been trading in the 1.61 - 2.48 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
OPEN has an average volume of 36512100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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

2.65

2 important support areas can be observed.

  • A support zone ranging from 1.65 to 1.66. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 1.60 to 1.60. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 6 important resistance areas.

  • A resistance zone ranging from 1.68 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.16 from a trend line in the weekly time frame.
  • Resistance @2.24 from a trend line in the daily time frame.
  • Resistance @2.30 from a trend line in the weekly time frame.
  • Resistance @2.38 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 2.59 to 2.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS6.99
Mansfield-3.6
10 Day High2.17
10 Day Low1.61
20 Day High2.48
20 Day Low1.61
52 Week High4.4
52 Week Low1.52
Performance
1 Week-13.02%
2 Weeks-23.39%
1 Month-16.08%
3 Month-19.32%
6 Month-9.24%
12 Month-62.72%
2 Year43.97%
3 Year-88.57%
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)-0.06
RSI(14)35.79
LBB1.57
UBB2.34
OPEN Daily chart

OPENDOOR TECHNOLOGIES INC

NASDAQ:OPEN (12/23/2024, 7:10:48 PM)

After market: 1.6699 0 (-0.01%)

1.67

-0.02 (-1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.18%
1 Week-13.02%
2 Weeks-23.39%
1 Month-16.08%
3 Month-19.32%
6 Month-9.24%
12 Month-62.72%
2 Year43.97%
3 Year-88.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%10.58%
ATR Inc-41.3%
Range Today0.06
ADR(20)0.17
ADR(20)%10.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.99
Mansfield-3.6
10 Day High2.17
10 Day Low1.61
20 Day High2.48
20 Day Low1.61
52 Week High4.4
52 Week Low1.52
CS1 End1.66
CR1 Start1.68
Volume & EV
DER(3)3.16%
DER(5)1.47%
Volume22.20M
Volume Incr-29.66%
Vol(5)31.05M
Vol(50)36.51M