OPEN Daily Technical Analysis
Opendoor Technologies Inc
Online real estate platform that buys and sells homes directly to simplify transactions.
OPEN Technical Analysis Summary
Opendoor Technologies Inc is undergoing a significant correction, currently trading below its short-term moving averages (20 and 50 SMAs) with bearish momentum indicated by the MACD and RSI. However, the long-term structure remains potentially constructive as the price holds above the rising 200-day SMA. The stock is currently compressing between support at the lower Bollinger Band (~5.60) and overhead resistance at the moving average cluster (~6.40–6.90).
Included In Lists
Related Tickers of Interest
OPEN Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below the 20-day and 50-day SMAs. RSI is below 50 (44.24), and the MACD histogram is negative with the MACD line below the Signal line.
Long-term Sentiment (weeks to months): Neutral
The stock is in a deep correction from its 2025 highs but remains above the rising 200-day SMA (4.37), suggesting the primary long-term uptrend is not yet fully broken despite intermediate weakness.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T15:19:05.074Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $5.67 | $5.59 - $5.75 | Strong | Confluence of the lower Bollinger Band and recent swing lows established in December/January. |
| $4.38 | $4.30 - $4.45 | Strong | The 200-day SMA acts as major structural support. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $6.63 | $6.39 - $6.87 | Strong | Cluster of dynamic resistance including the 20-day SMA (Bollinger basis) and the 50-day SMA. |
| $8.00 | $7.80 - $8.20 | Weak | Recent consolidation highs from November. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Descending Channel | Bearish | N/A | Price has been adhering to a downward channel structure since the peak in September 2025, characterized by lower highs and lower lows. |
| Weak | Falling Wedge | Bullish | N/A | The narrowing price action between November and January suggests a potential falling wedge, which can be a bullish reversal pattern if a breakout occurs. |
Frequently Asked Questions about OPEN
What is the current sentiment for OPEN?
The short-term sentiment for OPEN is currently Bearish because Price is trading below the 20-day and 50-day SMAs. RSI is below 50 (44.24), and the MACD histogram is negative with the MACD line below the Signal line.. The long-term trend is classified as Neutral.
What are the key support levels for OPEN?
StockDips.AI has identified key support levels for OPEN at $5.67 and $4.38. These levels may represent potential accumulation zones where buying interest could emerge.
Is OPEN in a significant dip or a Value Dip right now?
OPEN has a Value Score of 51/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.