Extreme Networks Technical Analysis (NASDAQ:EXTR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Extreme Networks stock price data and volume are plotted in EXTR stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Extreme Networks. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Extreme Networks stock analysis.
Extreme Networks Moving Average
Moving averages show the EXTR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $12.2 is below the last closing price of $12.44 and the 50 day moving average of $12.69 is above the last closing price of $12.44. The 10 and 20 day periods can predict short term moving average trends.
Extreme Networks Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the EXTR stock. The stock price is trading between the average and the upper band in the context of Extreme Networks bollinger bands.
Extreme Networks Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Extreme Networks MACD indicator is below 0 indicating a bearish trend.
Extreme Networks Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 69.64 is the RSI value of EXTR stock.