Opendoor Price Forecast: Bull Flag Signals Breakout Setup

Earnings-Driven Reversal and Breakout Conditions

The stock of Opendoor Technologies Inc (OPEN) triggered a weekly reversal on Friday, following its Q4 2025 pre-market earnings release. It beat consensus estimates for revenue and EPS despite a 32% year-over-year decline in sales. Shares reclaimed both the 200-day moving average near $4.76 and the 10-week moving average around $5.08, as price surged to a three-week high of $5.59. A weekly close above last week’s high of $5.08 would confirm the breakout on a weekly basis, while a daily close above Thursday’s high of $4.84 would confirm the move on a shorter-term basis.

Confluence of Support and End of Correction

Earlier in the week, the stock printed a slightly lower weekly low of $4.26 before stabilizing into the earnings release. Friday’s bullish reversal increases the probability that the recent bearish correction has ended, as the price tested a confluence of meaningful support levels.

These include the 61.8% Fibonacci retracement near $4.47, the 50-week moving average around $4.19, the 200-day moving average, and prior structure support. The 50-week and 200-day moving averages are particularly noteworthy, as this marks the first time both long-term trend indicators have been tested as support since being reclaimed during last year’s sharp advance.

Historical Rally and Current Support Zone

OPEN experienced an outsized rally last summer, surging more than 2,000% in roughly 12 weeks. After setting a record low of $0.51 in June, shares advanced to a record high of $10.87 in September before entering a broad retracement phase. That pullback may have found an intermediate low at $4.26 this week, with both the 50-week and 200-day moving averages now providing nearby dynamic support.

Bull Flag Structure and Upside Scenarios

Since the September peak, the stock has been consolidating within a bull flag pattern at key long-term support. Recent rebound attempts have stalled near the midpoint of the declining parallel channel that defines the flag. A continuation above Friday’s high would also signal a recovery of the channel’s center line, setting up a potential challenge of the upper downtrend line as resistance.

If the bull flag resolves to the upside, a rally above the lower swing high at $7.92 would act as a breakout trigger. Initial upside potential aligns near $12.89, where a 127.2% Fibonacci extension of the bearish correction converges with a 50% retracement of last year’s advance. Beyond that area, a higher resistance confluence zone in the $15.00 to $15.81 range could cap further upside.

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