Opendoor Technologies Inc. stock price up more than 6.22% on Thursday

StockInvest.us, 2 months ago

Opendoor Technologies Inc.

The Opendoor Technologies Inc. stock price gained 6.22% on the last trading day (Thursday, 28th Aug 2025), rising from $4.02 to $4.27. During the last trading day the stock fluctuated 8.82% from a day low at $4.08 to a day high of $4.44. The price has risen in 6 of the last 10 days and is up by 40.46% over the past 2 weeks. Volume fell on the last day by -77 million shares and in total, 215 million shares were bought and sold for approximately $919.40 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

On Aug 06, 2025, it was reported that Citigroup gave OPEN a "Sell" grade with a "downgrade" action.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 276.77% during the next 3 months and, with a 90% probability hold a price between $10.43 and $19.80 at the end of this 3-month period.

Opendoor Technologies Inc.

The Opendoor Technologies Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $4.19 and $2.65. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, August 22, 2025, and so far it has fallen -14.77%. Further fall is indicated until a new bottom pivot has been found.

On the downside, the stock finds support just below today's level from accumulated volume at $3.78 and $3.62.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Opendoor Technologies Inc. finds support just below today's level at $3.78. If this is broken, then the next support from accumulated volume will be at $3.62 and $3.21.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.360 between high and low, or 8.82%. For the last week, the stock has had daily average volatility of 26.48%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Opendoor Technologies Inc. stock to perform well in the short-term.We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Buy candidate.

Check full Opendoor Technologies Inc. forecast and analysis here.
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