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Analyzing Opendoor Technologies Inc (OPEN) After Recent Trading Activity

In a filing, Opendoor Technologies Inc revealed its Chief Legal Officer Schaub Sydney unloaded Company’s shares for reported $6298.0 on Mar 03 ’25. In the deal valued at $1.26 per share,5,000 shares were sold. As a result of this transaction, Schaub Sydney now holds 1,166,480 shares worth roughly $1.4 million.

Then, SYDNEY SCHAUB bought 5,000 shares, generating $6,700 in total proceeds.

Before that, Schaub Sydney sold 18,804 shares. Opendoor Technologies Inc shares valued at $28,642 were divested by the Chief Legal Officer at a price of $1.52 per share. As a result of the transaction, Schaub Sydney now holds 1,171,590 shares, worth roughly $1.41 million.

BTIG Research downgraded its Opendoor Technologies Inc [OPEN] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in mid December from “an Underperform” to “a Mkt perform”. Deutsche Bank began covering OPEN with “Hold” recommendation on November 21, 2023. UBS started covering the stock on September 29, 2023. It rated OPEN as “a Neutral”.

Price Performance Review of OPEN

On Monday, Opendoor Technologies Inc [NASDAQ:OPEN] saw its stock unchanged to $1.20. Over the last five days, the stock has lost -0.83%. Opendoor Technologies Inc shares have fallen nearly -25.00% since the year began. Nevertheless, the stocks have fallen -59.32% over the past one year. While a 52-week high of $3.24 was reached on 01/06/25, a 52-week low of $1.12 was recorded on 03/04/25. SMA at 50 days reached $1.4464, while 200 days put it at $1.8688.

Levels Of Support And Resistance For OPEN Stock

The 24-hour chart illustrates a support level at 1.1467, which if violated will result in even more drops to 1.0933. On the upside, there is a resistance level at 1.2767. A further resistance level may holdings at 1.3533. The Relative Strength Index (RSI) on the 14-day chart is 36.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1552, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.31%. Stochastics %K at 14.38% indicates the stock is a buying.

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