Extreme Networks Stock Technical Analysis

EXTR Stock  USD 11.54  0.03  0.26%   
As of the 29th of March, Extreme Networks shows the Mean Deviation of 1.58, variance of 8.31, and Standard Deviation of 2.88. Extreme Networks technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Extreme Networks, which can be compared to its rivals. Please confirm Extreme Networks market risk adjusted performance and treynor ratio to decide if Extreme Networks is priced favorably, providing market reflects its regular price of 11.54 per share. Given that Extreme Networks has information ratio of (0.26), we urge you to verify Extreme Networks's prevailing market performance to make sure the company can sustain itself at a future point.

Extreme Networks Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Extreme, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Extreme
  
Extreme Networks' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Extreme Networks Analyst Consensus

Target PriceAdvice# of Analysts
32.88Buy7Odds
Extreme Networks current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Extreme analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Extreme stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Extreme Networks, talking to its executives and customers, or listening to Extreme conference calls.
Extreme Analyst Advice Details
Extreme Networks technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Extreme Networks technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Extreme Networks trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Extreme Networks Technical Analysis

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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Extreme Networks volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Extreme Networks Trend Analysis

Use this graph to draw trend lines for Extreme Networks. You can use it to identify possible trend reversals for Extreme Networks as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Extreme Networks price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Extreme Networks Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Extreme Networks applied against its price change over selected period. The best fit line has a slop of   0.11  , which may suggest that Extreme Networks market price will keep on failing further. It has 122 observation points and a regression sum of squares at 481.4, which is the sum of squared deviations for the predicted Extreme Networks price change compared to its average price change.

About Extreme Networks Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Extreme Networks on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Extreme Networks based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Extreme Networks price pattern first instead of the macroeconomic environment surrounding Extreme Networks. By analyzing Extreme Networks's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Extreme Networks's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Extreme Networks specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.01030.009763
Price To Sales Ratio2.962.86

Extreme Networks March 29, 2024 Technical Indicators

Most technical analysis of Extreme help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Extreme from various momentum indicators to cycle indicators. When you analyze Extreme charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Extreme Networks March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Extreme stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Extreme Networks is a strong investment it is important to analyze Extreme Networks' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extreme Networks' future performance. For an informed investment choice regarding Extreme Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Extreme Stock analysis

When running Extreme Networks' price analysis, check to measure Extreme Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.
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Is Extreme Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Extreme Networks. If investors know Extreme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Extreme Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
0.6
Revenue Per Share
10.456
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0723
The market value of Extreme Networks is measured differently than its book value, which is the value of Extreme that is recorded on the company's balance sheet. Investors also form their own opinion of Extreme Networks' value that differs from its market value or its book value, called intrinsic value, which is Extreme Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Extreme Networks' market value can be influenced by many factors that don't directly affect Extreme Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Extreme Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Extreme Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extreme Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.