On Tuesday, Extreme Networks got a positive adjustment to its Relative Strength (RS) Rating, from 78 to 81.
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This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves.
Extreme Networks is building a cup without handle with a 19.24 buy point. See if it can break out in heavy volume.
Earnings grew 0% last quarter, up from -13% in the prior report. Revenue also increased, from -6% to 35%.
Extreme Networks earns the No. 2 rank among its peers in the Computer-Networking industry group. Extreme Networks is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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