Extreme Networks had its Relative Strength (RS) Rating upgraded from 85 to 91 Thursday.
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This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an RS Rating of at least 80 as they launch their largest climbs.
Extreme Networks has risen more than 5% past an 18.81 entry in a first-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
Extreme Networks showed 0% earnings growth in its most recent report. Sales increased 20%.
Extreme Networks holds the No. 3 rank among its peers in the Computer-Networking industry group. Arista 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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