EXTREME NETWORKS INC (EXTR) Technical Analysis
NASDAQ:EXTR • US30226D1063
Current stock price
EXTR Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to EXTR. In the past year, EXTR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- EXTR is one of the lesser performing stocks in the Communications Equipment industry. 63% of 48 stocks in the same industry do better.
- In the last month EXTR has a been trading in the 13.52 - 15.68 range, which is quite wide. It is currently trading near the high of this range.
- EXTR has an average volume of 1748140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the performance of all stocks over the past year, EXTR turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- EXTR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EXTR is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
EXTR Weekly and Daily overview Charts
EXTR Setup Rating and Analysis
EXTR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.27. Right above this resistance zone may be a good entry point.
More info and screens
EXTR Support and Resistance Analysis
13.59
When analyzing the support we can see 3 important areas.
- Support @14.23 from a trend line in the weekly time frame.
- Support @13.97 from a horizontal line in the weekly time frame.
- Support @13.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.27 to 15.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
EXTR Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EXTR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXTR is up. |
| ChartMill Relative Strength | 50.1 | NEUTRAL | EXTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EXTR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EXTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.05 | NEUTRAL | The RSI value for EXTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests EXTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.87 | OVERBOUGHT | The high Stochastics value suggests EXTR may be overbought. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for EXTR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for EXTR suggests a weak or negative trend. |
EXTR Chart- and CandleStick Pattern Analysis
EXTR Technicals: Chart, Performance Metrics, Trend & Indicators
15.26
-0.2 (-1.29%)
EXTREME NETWORKS INC / EXTR TA FAQ
What is the technical rating for EXTR stock?
ChartMill assigns a technical rating of 3 / 10 to EXTR.
Can you provide the trend direction for EXTREME NETWORKS INC?
The current trend direction for EXTREME NETWORKS INC (EXTR) is Bearish.
What is the RSI signal for EXTR stock?
EXTREME NETWORKS INC (EXTR) has an RSI value of 58.0455. This indicates that the stock is currently neutral.
What is the MACD signal for EXTREME NETWORKS INC (EXTR) stock?
The MACD indicator for EXTREME NETWORKS INC (EXTR) has a value of 0.117961, indicating a bearish trend.
Can you provide the short term momentum for EXTREME NETWORKS INC?
The short term momentum for EXTREME NETWORKS INC (EXTR) is positive.