Taking everything into account, EXTR scores 0 out of 10 in our technical rating. EXTR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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: 85% of all stocks are doing better.
- EXTR is one of the lesser performing stocks in the Communications Equipment industry. 76% of 48 stocks in the same industry do better.
- In the last month EXTR has a been trading in the 14.81 - 16.99 range, which is quite wide. It is currently trading near the lows of this range.
- EXTR has an average volume of 1294350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EXTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EXTR is lagging the market.
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
11.19
We found 1 important support area.
- Support @11.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.86 to 16.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.27 to 18.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for EXTR is down. |
| ChartMill Relative Strength | 15.32 | NEGATIVE | EXTR has a low relative strength, it was outperformed by 84.68% off all stocks 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 | MIXED | The current price of EXTR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.11 | NEUTRAL | The RSI value for EXTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EXTR has a negative trend. |
| Stochastics (14,3) | 11.79 | OVERSOLD | The low Stochastics value suggests EXTR may be oversold. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for EXTR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.81 | POSITIVE | The high ADX value value for EXTR suggests a strong trend. |
15.19
+0.08 (+0.53%)
EXTREME NETWORKS INC / EXTR FAQ
What is the technical rating for EXTR stock?
ChartMill assigns a technical rating of 0 / 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 31.1142. 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 -0.0682307, 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 negative.