8X8 INC (EGHT)

US2829141009 - Common Stock

2.27  -0.05 (-2.16%)

After market: 2.28 +0.01 (+0.44%)

Technical Rating and Analysis

0

Overall EGHT gets a technical rating of 0 out of 10. EGHT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than EGHT.
EGHT is part of the Software industry. There are 276 other stocks in this industry, of which 80% are performing better than EGHT.
EGHT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EGHT is lagging the market.
EGHT has an average volume of 1318980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EGHT has a been trading in the 2.12 - 2.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EGHT Weekly chart
EGHT Daily chart
Setup Rating and Analysis

5

EGHT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for EGHT in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

2.25

3.21

3 important resistance areas can be observed.

  • A resistance zone ranging from 2.38 to 2.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @2.48 from a trend line in the daily time frame.
  • A resistance zone ranging from 3.15 to 3.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.27
Mansfield-3.63
10 Day High2.43
10 Day Low2.12
20 Day High2.72
20 Day Low2.12
52 Week High4.88
52 Week Low2.12
Performance
1 Week4.13%
2 Weeks-2.58%
1 Month-15.93%
3 Month-37.29%
6 Month-2.16%
12 Month-20.91%
2 Year-75.25%
3 Year-93.1%
5 Year-90.51%
10 Year-76.6%
15 Year202.67%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)40.6
LBB2.09
UBB2.54
EGHT Daily chart

8X8 INC

NASDAQ:EGHT (4/26/2024, 7:00:02 PM)

After market: 2.28 +0.01 (+0.44%)

2.27

-0.05 (-2.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.16%
1 Week4.13%
2 Weeks-2.58%
1 Month-15.93%
3 Month-37.29%
6 Month-2.16%
12 Month-20.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%6.09%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.43
10 Day Low2.12
20 Day High2.72
20 Day Low2.12
52 Week High4.88
52 Week Low2.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume828.90K
Volume Incr-6.84%
Vol(5)895.90K
Vol(50)1.32M