Volatile ride for Opendoor Technologies Inc. stock price on Thursday moving between $1.54 and $2.02

The Opendoor Technologies Inc. stock price gained 10.74% on the last trading day (Thursday, 17th Jul 2025), rising from $1.49 to $1.65. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 31.10% from a day low at $1.54 to a day high of $2.02. The price has risen in 9 of the last 10 days and is up by 191.42% 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, 261 million more shares were traded than the day before. In total, 536 million shares were bought and sold for approximately $884.54 million.

On Apr 16, 2025, it was reported that Citigroup gave OPEN a "Outperform" grade with a "hold" action.

Given the current horizontal trend, you can expect Opendoor Technologies Inc. stock with a 90% probability to be traded between $0.516 and $1.66 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Mostly positive signals in the chart today. 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 $1.07 and $0.690. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 25, 2025, and so far it has risen 222.14%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

On the downside, the stock finds support just below today's level from accumulated volume at $1.49.With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.

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 $0.479 between high and low, or 31.10%. For the last week, the stock has had daily average volatility of 24.73%.

The Opendoor Technologies Inc. stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stock may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Opendoor Technologies Inc. holds several positive signals and is considered to be a good choice at current levels. We expect the Opendoor Technologies Inc. stock to perform great in the short-term period.We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Buy candidate.