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OPENDOOR TECHNOLOGIES INC
OPENDOOR TECHNOLOGIES INC
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: OPEN
ISIN:

OPENDOOR TECHNOLOGIES INC - 15 min. - Technical analysis published on 06/09/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 17.53 USD
My targets
18.67 USD (+4.46%)
19.46 USD (+8.91%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on OPENDOOR TECHNOLOGIES INC as long as the price remains well above 17.53 USD. The buyers' bullish objective is set at 18.67 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 19.46 USD. If there is any crossing, the next objective would be the resistance located at 20.60 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

highliber
This analysis was given by highliber. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The OPENDOOR TECHNOLOGIES INC price is 17.87 USD. On the day, this instrument gained +6.24% and was between 16.40 USD and 18.33 USD. This implies that the price is at +8.96% from its lowest and at -2.51% from its highest.

16.40
18.33
17.87

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of OPENDOOR TECHNOLOGIES INC in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15.53 16.91 17.67 17.87 19.23 20.19 21.95
Change (%) -13.09% -5.37% -1.12% - +7.61% +12.98% +22.83%
Change -2.34 -0.96 -0.20 - +1.36 +2.32 +4.08
Level Major Minor Major - Intermediate Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.8115.6016.7417.5318.6719.4620.60
Camarilla17.3417.5217.6917.8718.0518.2218.40
Woodie14.9815.6916.9117.6218.8419.5520.77
Fibonacci15.6016.3416.8017.5318.2718.7319.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.2814.1015.2416.0617.2018.0219.16
Camarilla15.8316.0116.1916.3716.5516.7316.91
Woodie13.4314.1815.3916.1417.3518.1019.31
Fibonacci14.1014.8515.3216.0616.8117.2818.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.449.4412.5516.5519.6623.6626.77
Camarilla13.7114.3615.0115.6616.3116.9617.62
Woodie5.009.2212.1116.3319.2223.4426.33
Fibonacci9.4412.1613.8316.5519.2720.9423.66

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 62.42
MACD (12,26,9): 0.2500
Directional Movement: 17.39
AROON (14): 85.71
DEMA (21): 17.94
Parabolic SAR (0,02-0,02-0,2): 17.72
Elder Ray (13): 0.21
Super Trend (3,10): 17.51
Zig ZAG (10): 17.87
VORTEX (21): 1.1000
Stochastique (14,3,5): 70.17
TEMA (21): 18.01
Williams %R (14): -44.44
Chande Momentum Oscillator (20): 0.23
Repulse (5,40,3): -0.7400
ROCnROLL: 1
TRIX (15,9): 0.1900
Courbe Coppock: 6.29
MA7: 16.37
MA20: 15.68
MA50: 18.15
MA100: 22.97
MAexp7: 17.87
MAexp20: 17.62
MAexp50: 17.23
MAexp100: 16.84
Price / MA7: +9.16%
Price / MA20: +13.97%
Price / MA50: -1.54%
Price / MA100: -22.20%
Price / MAexp7: -0%
Price / MAexp20: +1.42%
Price / MAexp50: +3.71%
Price / MAexp100: +6.12%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on OPENDOOR TECHNOLOGIES INC at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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