OPEN Weekly Technical Analysis
Opendoor Technologies Inc
Online real estate platform that buys and sells homes directly to simplify transactions.
OPEN Technical Analysis Summary
OPEN has undergone a significant structural shift, breaking out of a prolonged multi-year base on massive volume and clearing its 200-week moving average. The recent price action represents a deep pullback from that initial surge, but the stock is currently finding logical support near its rising 50-week SMA. As long as price maintains above the $4.00-$4.50 zone, the long-term technical picture remains highly constructive for a continued macro recovery.
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OPEN Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is currently consolidating between support at the rising 50-week SMA and resistance at the 20-week SMA following a significant pullback. MACD is bearishly crossed but remains above the zero line.
Long-term Sentiment (weeks to months): Bullish
The chart shows a massive long-term trend reversal, having broken out of a multi-year base on extreme volume. Price is now holding above the 50-week and 200-week SMAs, suggesting a new long-term uptrend is in its early stages.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:38:22.252Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $4.25 | $4.00 - $4.50 | Strong | Recent swing low area converging with the rising 50-week SMA and lower Bollinger Band. |
| $3.25 | $3.00 - $3.50 | Strong | Major long-term structural support at the 200-week SMA and the top of the multi-year base. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $6.55 | $6.30 - $6.80 | Strong | The 20-week SMA (middle Bollinger Band) which previously acted as support and may now act as resistance on the way up. |
| $8.75 | $8.50 - $9.00 | Strong | Recent major swing high peak. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Rounding Bottom / Base Breakout | Bullish | N/A | A prolonged multi-year basing period followed by a significant, high-volume breakout above the 200-week SMA, indicating a major trend change. |
| Strong | Pullback to Support | Bullish | N/A | After the initial breakout surge, price has executed a deep but orderly retracement to test the rising 50-week SMA, attempting to establish a higher low. |
Frequently Asked Questions about OPEN
What is the current sentiment for OPEN?
The short-term sentiment for OPEN is currently Neutral because Price is currently consolidating between support at the rising 50-week SMA and resistance at the 20-week SMA following a significant pullback. MACD is bearishly crossed but remains above the zero line.. The long-term trend is classified as Bullish.
What are the key support levels for OPEN?
StockDips.AI has identified key support levels for OPEN at $4.25 and $3.25. 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 55/100. 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.