EXTREME NETWORKS INC (EXTR)

US30226D1063 - Common Stock

11.33  +0.18 (+1.61%)

After market: 11.25 -0.08 (-0.71%)

Technical Rating and Analysis

0

Taking everything into account, EXTR scores 0 out of 10 in our technical rating. EXTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EXTR is a bad performer in the overall market: 91% of all stocks are doing better.
EXTR is one of the lesser performing stocks in the Communications Equipment industry. 79% of 54 stocks in the same industry do better.
EXTR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EXTR is lagging the market.
EXTR has an average volume of 1912070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EXTR has a been trading in the 10.57 - 11.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EXTR Weekly chart
EXTR Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, EXTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EXTR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

10.58

12.80

When analyzing the support we notice one important area.

  • A support zone ranging from 10.69 to 10.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 11.62 to 11.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @12.67 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.43
Mansfield-4.72
10 Day High11.54
10 Day Low10.58
20 Day High11.76
20 Day Low10.58
52 Week High32.73
52 Week Low10.58
Performance
1 Week3.56%
2 Weeks2.35%
1 Month-2.07%
3 Month-33.55%
6 Month-44.84%
12 Month-36.28%
2 Year18.02%
3 Year-0.44%
5 Year41.63%
10 Year98.08%
15 Year543.75%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)50.18
LBB10.66
UBB11.47
EXTR Daily chart

EXTREME NETWORKS INC

NASDAQ:EXTR (4/25/2024, 7:00:01 PM)

After market: 11.25 -0.08 (-0.71%)

11.33

+0.18 (+1.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.61%
1 Week3.56%
2 Weeks2.35%
1 Month-2.07%
3 Month-33.55%
6 Month-44.84%
12 Month-36.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.41
ATR(20)%3.46%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.54
10 Day Low10.58
20 Day High11.76
20 Day Low10.58
52 Week High32.73
52 Week Low10.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.69M
Volume Incr-2.05%
Vol(5)1.57M
Vol(50)1.91M