EXTREME NETWORKS INC (EXTR) Stock Technical Analysis
NASDAQ:EXTR • US30226D1063
We assign a technical rating of 0 out of 10 to EXTR. 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.
- 82% of all other stocks performed better in the past year than EXTR.
- EXTR is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 76% are performing better than EXTR.
- In the last month EXTR has a been trading in the 13.80 - 15.80 range, which is quite wide. It is currently trading near the lows of this range.
- EXTR has an average volume of 1615750 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.
EXTR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
11.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.03 to 14.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.33 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.61 to 14.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.25 to 15.46. 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 | 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 | 18.7 | NEGATIVE | EXTR has a low relative strength, it was outperformed by 81.3% 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) | 34.82 | NEUTRAL | The RSI value for EXTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EXTR has a negative trend. |
| Stochastics (14,3) | 10.9 | OVERSOLD | The low Stochastics value suggests EXTR may be oversold. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for EXTR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for EXTR suggests a possible start of a new trend. |
14.05
+0.01 (+0.07%)
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 34.8231. 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 -0.0362731, 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.