Opendoor Price Forecast: Bull Flag Signals Breakout Setup

Author: Bruce Powers

Published: February 20, 2026

Key Points

• Opendoor Technologies Inc (OPEN) triggered a bullish weekly reversal after its Q4 2025 earnings report.
• The stock reclaimed the 200-day and 10-week moving averages.
• Support held at significant Fibonacci and long-term trend levels.
• The stock is currently in a bull flag consolidation pattern.
• A breakout above $7.92 could target higher resistance zones.

Earnings-Driven Reversal and Breakout Conditions

Following its earnings release, Opendoor's stock saw a significant reversal, beating consensus estimates for revenue and earnings per share (EPS) despite a 32% year-over-year decline in sales. The stock surged to a three-week high of $5.59, reclaiming both the 200-day moving average at approximately $4.76 and the 10-week moving average around $5.08. A weekly close above $5.08 would confirm the breakout on a weekly basis, while a daily close above $4.84 would confirm it 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. The bullish reversal on Friday suggests that the recent bearish correction may have ended, as the price tested a confluence of significant support levels, including the 61.8% Fibonacci retracement near $4.47 and the 50-week moving average around $4.19.

Historical Rally and Current Support Zone

Opendoor experienced a remarkable rally last summer, surging over 2,000% in about 12 weeks, reaching a record high of $10.87 in September before entering a broad retracement phase. The recent pullback may have found an intermediate low at $4.26, with both the 50-week and 200-day moving averages now providing dynamic support.

Bull Flag Structure and Upside Scenarios

The stock has been consolidating within a bull flag pattern at key long-term support. A continuation above Friday’s high would signal a recovery of the channel’s center line, potentially challenging 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, with initial upside potential near $12.89 and a higher resistance zone between $15.00 and $15.81.

Conclusion

Opendoor's recent performance indicates a potential bullish reversal, supported by key technical indicators and historical price action. Traders should monitor the breakout levels closely for further upside potential.