Volatile ride for Opendoor Technologies Inc. stock price on Friday moving between $3.10 and $3.53

StockInvest.us, 3 months ago

Opendoor Technologies Inc.

The Opendoor Technologies Inc. stock price gained 4.28% on the last trading day (Friday, 15th Aug 2025), rising from $3.04 to $3.17. During the last trading day the stock fluctuated 13.87% from a day low at $3.10 to a day high of $3.53. The price has risen in 7 of the last 10 days and is up by 50.95% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 95 million more shares were traded than the day before. In total, 411 million shares were bought and sold for approximately $1.30 billion.

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 147.82% during the next 3 months and, with a 90% probability hold a price between $4.27 and $9.73 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 $2.46 and $1.76. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Monday, July 21, 2025, and so far it has fallen -1.25%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Opendoor Technologies Inc. finds support from accumulated volume at $3.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.430 between high and low, or 13.87%. For the last week, the stock has had daily average volatility of 20.57%.

Opendoor Technologies Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Check full Opendoor Technologies Inc. forecast and analysis here.
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