Opendoor technologies inc OPEN.US Trend Analysis

US StockReal Estate
(No presentation for OPEN)

OPEN Trend Score

3

24

15

Bearish
  • AI analysis rates OPEN   with a lower trend score of 2.
  • It is mainly due to  a bearish signal from short and long-term moving averages .
  • Historically, OPEN had a trend score of 2 on 55 occasions, with an average investment return of 3.39%. The loss rate was 81%, with an average decline of 7.49% for the losing trades.
  • Recently, following the change in OPEN's trend score to 2, the stock price has experienced a 28.09% decrease.

OPEN Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/10 (Daily Update)

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OPEN Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

OPEN Trend Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of OPEN from 2020/06 till Now

-47.04%
Cumulative Return
-12.28%
Annual Return
28.63%
Volatility
-0.43
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from June, 2020 to May, 2025. (Total Trades: 10)

OPENSectorUS Overall Market
Wining Rate20%32%33%
Avg Return-4.9%0.1%1%
Avg Profit22.6%8.9%14.7%
Avg Loss-11.8%-4.1%-5.8%
Avg Risk-Reward Ratio191.8%217.2%252.7%

Update to 2025/5/12 (Daily Update)

Top 10 High Relevance to OPEN Trend Score