Opendoor, week 7: +12.1% as the decline fades
Opendoor climbs 12.1% as the sell signal struggles to hold
Opendoor, week 7: +12.1% as the decline fades
In Summary
Opendoor Technologies is in week 7 of a sell signal, and the week just closed gained 12.1%. On the daily chart, the double bottom in the 4.1 area has already produced a 23% rebound, and short-term readings show RSI and the MACD histogram both improving versus the prior three weeks: signs of a decline losing technical ground.
IQS Phase
53
ordinary
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#112 / 137
US stocks
Trade P&L %
-8.17%
from signal to today
restricted Platinum content