EXTREME NETWORKS INC (EXTR) Stock Technical Analysis
USA - NASDAQ:EXTR - US30226D1063 - Common Stock
Overall EXTR gets a technical rating of 2 out of 10. EXTR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of EXTR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.83
When analyzing the support we can see 2 important areas.
- Support @18.77 from a horizontal line in the weekly time frame.
- A support zone ranging from 18.01 to 18.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.75 to 20.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.89 to 21.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for EXTR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EXTR is down. |
| ChartMill Relative Strength | 54.55 | NEUTRAL | EXTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EXTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EXTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.1 | NEUTRAL | The RSI value for EXTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests EXTR has a negative trend. |
| Stochastics (14,3) | 43.74 | NEUTRAL | The Stochastics value for EXTR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for EXTR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.67 | NEUTRAL | The ADX value for EXTR suggests a possible start of a new trend. |
18.78
-0.24 (-1.26%)
EXTREME NETWORKS INC / EXTR FAQ
What is the technical rating for EXTR stock?
ChartMill assigns a technical rating of 2 / 10 to EXTR.
What is the trend direction for EXTR stock?
The current trend direction for EXTREME NETWORKS INC (EXTR) is Bullish.
What is the RSI signal for EXTR stock?
EXTREME NETWORKS INC (EXTR) has an RSI value of 40.1023. 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 -0.189632, indicating a bearish trend.
What is the buy/sell signal for EXTREME NETWORKS INC (EXTR) stock?
The buy/sell signal for EXTREME NETWORKS INC (EXTR) is hold as the short term and long term trends are mixed.