18.15 USD
+0.56 (+3.18%)
18.1674 USD
+0.02 (+0.1%)
Taking everything into account, EXTR scores 1 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EXTR is a bad performer in the overall market: 76% of all stocks are doing better.
EXTR is one of the lesser performing stocks in the Communications Equipment industry. 74% of 48 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month EXTR has a been trading in the 16.71 - 18.43 range, which is quite wide. It is currently trading near the high of this range.
EXTR has an average volume of 1619780 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EXTR has a poor technical rating and the quality of the setup is also only medium 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
11.15
20.13
When analyzing the support we can see 4 important areas.
- Support @17.88 from a trend line in the weekly time frame.
- A support zone ranging from 17.22 to 17.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.73 to 16.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @11.26 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @19.93 from a trend line 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 | NEUTRAL | NEUTRAL | The short term trend for EXTR is neutral. |
| ChartMill Relative Strength | 24.5 | NEGATIVE | EXTR has a low relative strength, it was outperformed by 75.5% 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) | 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) | 52.94 | NEUTRAL | The RSI value for EXTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests EXTR has a positive trend. |
| Stochastics (14,3) | 80.65 | OVERBOUGHT | The high Stochastics value suggests EXTR may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for EXTR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.38 | 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)
18.15
+0.56 (+3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg3.18%
1 Week6.51%
2 Weeks4.85%
1 Month4.19%
3 Month-18.68%
6 Month12.87%
12 Month-0.11%
2 Year2.89%
3 Year-0.87%
5 Year163.43%
10 Year344.85%
15 Year487.38%
Volatility
ATR(14)0.52
ATR(20)%3.44%
ATR Inc-18.7%
Range Today0.5
ADR(20)0.58
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.5
3 months CRS14
6 months CRS68.72
Mansfield-0.43
10 Day High18.19
10 Day Low16.99
20 Day High18.43
20 Day Low16.71
52 Week High22.89
52 Week Low10.1
CS1 End17.88
CR1 Start19.93
Volume & EV
DER(3)1%
DER(5)0.08%
Volume928.60K
Volume Incr-47.34%
Vol(5)843.97K
Vol(50)1.62M
EXTREME NETWORKS INC / EXTR FAQ
What is the technical rating for EXTR stock?
ChartMill assigns a technical rating of 1 / 10 to EXTR.
What is the trend direction for EXTR stock?
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 52.9427. 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 0.189733, indicating a bearish trend.