EXTREME NETWORKS INC (EXTR) Stock Technical Analysis
NASDAQ:EXTR - US30226D1063 - Common Stock
21.17 USD
+0.48 (+2.32%)
21.23 USD
+0.06 (+0.28%)
Overall EXTR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, EXTR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
EXTR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EXTR has a been trading in the 16.85 - 21.34 range, which is quite wide. It is currently trading near the high of this range.
EXTR has an average volume of 1277600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EXTR is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
EXTR is an average performer in the Communications Equipment industry, it outperforms 63% of 48 stocks in the same industry.
Although EXTR has an excellent technical rating, it does not offer a high 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
15.18
21.39
4 important support areas can be observed.
- A support zone ranging from 19.59 to 19.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.74 to 18.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.01 from a trend line in the daily time frame.
- Support @15.33 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.18 to 21.18. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for EXTR is up. |
| ChartMill Relative Strength | 87.97 | POSITIVE | EXTR has a high relative strength, it outperformed 87.97% off all stocks 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) | UP | POSITIVE | The current price of EXTR is above the rising 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) | 71.14 | OVERBOUGHT | The high RSI value suggests EXTR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EXTR has a positive trend. |
| Stochastics (14,3) | 85.22 | OVERBOUGHT | The high Stochastics value suggests EXTR may be overbought. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for EXTR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.99 | POSITIVE | The high ADX value value for EXTR suggests a strong trend. |
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)
21.17
+0.48 (+2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg2.32%
1 Week5.9%
2 Weeks1.78%
1 Month18.14%
3 Month35.1%
6 Month37.02%
12 Month34.41%
2 Year-22.88%
3 Year47.73%
5 Year384.44%
10 Year605.67%
15 Year667.03%
Volatility
ATR(14)0.69
ATR(20)%3.94%
ATR Inc-59.88%
Range Today0.57
ADR(20)0.75
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.97
Mansfield2.12
10 Day High21.19
10 Day Low19.33
20 Day High21.35
20 Day Low16.85
52 Week High21.35
52 Week Low10.1
CS1 End19.72
CR1 Start21.18
Volume & EV
DER(3)3.83%
DER(5)2.66%
Volume2.67M
Volume Incr-5.77%
Vol(5)1.29M
Vol(50)1.28M