EXTREME NETWORKS INC (EXTR)
US30226D1063 - Common Stock
We assign a technical rating of 8 out of 10 to EXTR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EXTR is only an average performer.
The long and short term trends are both positive. This is looking good!
EXTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EXTR is lagging the market slightly.
EXTR has an average volume of 1116010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EXTR did better than 70% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
EXTR is an average performer in the Communications Equipment industry, it outperforms 42% of 51 stocks in the same industry.
In the last month EXTR has a been trading in the 16.22 - 19.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EXTR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.26
18.35
2 important support areas can be observed.
- A support zone ranging from 17.31 to 17.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.41 to 15.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.74 to 18.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.78
Mansfield1.58
10 Day High19.24
10 Day Low17.29
20 Day High19.24
20 Day Low16.22
52 Week High19.24
52 Week Low10.5
Performance
1 Week-1.66%
2 Weeks1.6%
1 Month8.07%
3 Month18.01%
6 Month32.49%
12 Month1.02%
2 Year-2.68%
3 Year13.5%
5 Year141.79%
10 Year404.82%
15 Year520.91%
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)-0.08
RSI(14)57.56
LBB17.2
UBB18.43
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.18 | 17.30 | 0.88 (4.84%) | 20.66% |
| An entry @18.18. This is a Buy Stop order right above the resistance zone. | An exit @17.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.88 points, which is 4.84%. | When investing 20.66% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of EXTR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EXTREME NETWORKS INC
NASDAQ:EXTR (12/26/2024, 10:01:00 AM)
17.635
-0.18 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.04%
1 Week-1.66%
2 Weeks1.6%
1 Month8.07%
3 Month18.01%
6 Month32.49%
12 Month1.02%
2 Year-2.68%
3 Year13.5%
5 Year141.79%
10 Year404.82%
15 Year520.91%
Volatility
ATR(14)0.63
ATR(20)%3.72%
ATR Inc-56.58%
Range Today0.2
ADR(20)0.65
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.78
Mansfield1.58
10 Day High19.24
10 Day Low17.29
20 Day High19.24
20 Day Low16.22
52 Week High19.24
52 Week Low10.5
CS1 End17.74
CR1 Start17.91
Volume & EV
DER(3)-0.11%
DER(5)-1.07%
Volume25.44K
Volume Incr3.13%
Vol(5)975.40K
Vol(50)1.12M