NASDAQ:EGHT - Nasdaq - US2829141009 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to EGHT. EGHT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EGHT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
1.64
6 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EGHT is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGHT is down. |
ChartMill Relative Strength | 8.37 | NEGATIVE | EGHT has a low relative strength, it was outperformed by 91.63% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGHT is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EGHT is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGHT is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 35.95 | NEUTRAL | The RSI value for EGHT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EGHT has a negative trend. |
Stochastics (14,3) | 10.28 | OVERSOLD | The low Stochastics value suggests EGHT may be oversold. |
Average True Range in percent/ATR (20) | 6.46 | HIGH VOLATILITY | The high ATR as a percentage value for EGHT suggests high volalility. |
Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for EGHT suggests a possible start of a new trend. |
1.66
+0.07 (+4.4%)