Extreme Networks, Inc. (EXTR) — $23.54 −1.79%. Numbers-first dossier covering valuation, distress risk, and calibrated signal.

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EXTRpeers & supply-chain relationships

EXTR fair-value estimate

Qtick
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Bid × AskUpdated Aug 10, 2026 · 4:00 PM ETVol 2.18M · Avg 2.14M
EXTRExtreme Networks, Inc.$23.54-1.79%

STRIKE.

The triggers line up — but a falling knife cuts the strike.

6 of 6 entry triggers are firing and an entry level is on file — on triggers alone this would read STRIKE. But the stock is still dropping hard on heavy volume with no support underneath, and a live slide overrides the triggers: setups look their most tempting halfway down. The cut stands until the selling settles.

QTick signal
+3net
2 bull / 1 bear factors · leaning
Bull 4 pts·Bear 1 pts30d
6 of 6 aligned — not yet
The triggers line up, but a falling knife cuts the strike — entry vetoed until the slide stabilizes.
Market contextSector read · not on fileCautionBalance sheet · GreyPCE sensitivity · not on fileRiskFalling-knife phase · 88/100 · was 36 on Aug 60/6Bottom watch · 0 of 6 confirmations
Smart entry
$23.42
basis · pivot low + s1 · as of 2026-08-11
Target exit zone
$30.01
center $30.01 · basis · sma 50 + vwap 50 · as of 2026-08-11
Implied move · 1 wk
±$1.95
8.3% · options-priced
Chart pattern
Golden cross
50d above 200d · but price is 22% below the 50-day — structure damaged
Pullback risk
Elevated
~95% odds of a ≥10% dip · 63d · 1.2× base rate
Chart pattern
Golden cross
50d above 200d · but price is 22% below the 50-day — structure damaged
Volume vs 20-day avg1.02× · 2.18M vs 2.14M avg
52-week range$13.48 – $33.73
Below high since 2015-30.2% · $33.73 high
Risk / reward1 : 2.0
Plan stop$20.09
Max pain
RSI 1431.0 washed out
Forensic flags3 review
What-if price
$23.54
$21.59 · -8.3%-8.3%move the price to stress-test the setupdrag to test another price+8.3% · $25.49+8.3%
Entry strategy · 10 triggers6 of 6 aligned — not yet
RSI 14
31.0
washed out
vs 50-day
$30.05
below the line
Bollinger
$24.11
lower-band pierce
VWAP 20
$28.92
below the rolling VWAP
Entry level
$23.42
within 1% of model level
Put wall
$29.00
below max put OI strike
MACD
-0.82
below zero · still falling
RVolStatic
1.02×
below the 1.5× context threshold
Short int.Static
8.1%
short interest below 20%
ATRStatic
$1.67
14-session average true range
A checklist, not odds on a return: 4 of 6 usable price conditions have to line up. RSI, the 50-day average and the Bollinger band move with the price you set; the 20-day average traded price, the entry level and the busiest put strike stay fixed. MACD, relative volume and short interest are context only — they never count toward the total.
See the full case
Next earnings
28 Oct 2026
· in 78 days
Next dividend
No indicated yield
no forward dividend on file
prices 15-min delayed