Volatile ride for Opendoor Technologies Inc. stock price on Friday moving between $7.92 and $8.83

StockInvest.us, 1 month ago

Opendoor Technologies Inc.

The Opendoor Technologies Inc. stock price gained 1.25% on the last trading day (Friday, 3rd Oct 2025), rising from $8.01 to $8.11. During the last trading day the stock fluctuated 11.49% from a day low at $7.92 to a day high of $8.83. The price has fallen in 6 of the last 10 days and is down by -15.26% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 90 million more shares were traded than the day before. In total, 237 million shares were bought and sold for approximately $1.93 billion.

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

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $7.68 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the stock is expected to rise 256.26% during the next 3 months and, with a 90% probability hold a price between $27.37 and $45.86 at the end of this 3-month period.

Opendoor Technologies Inc.

The Opendoor Technologies Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $8.32. On a fall, the stock will find some support from the long-term average at approximately $6.71. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Thursday, September 11, 2025, and so far it has fallen -22.91%. 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).

On the downside, the stock finds support just below today's level from accumulated volume at $7.08 and $6.65.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 $7.08. If this is broken, then the next support from accumulated volume will be at $6.65 and $6.11.

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 $0.91 between high and low, or 11.49%. For the last week, the stock has had daily average volatility of 9.44%.

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.

Check full Opendoor Technologies Inc. forecast and analysis here.
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