8X8 INC (EGHT) Stock Technical Analysis
NASDAQ:EGHT - Nasdaq - US2829141009 - Common Stock - Currency: USD
Overall EGHT gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than EGHT.
EGHT is part of the Software industry. There are 285 other stocks in this industry, of which 67% are performing better than EGHT.
EGHT is currently trading near the lower end of its 52 week range, which is not a good sign. EGHT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
EGHT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EGHT has an average volume of 1198040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EGHT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.63
3.07
3 important resistance areas can be observed.
- A resistance zone ranging from 1.65 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.93 from a trend line in the weekly time frame.
- Resistance @3.04 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.78
Mansfield-2.66
10 Day High1.85
10 Day Low1.52
20 Day High2.26
20 Day Low1.52
52 Week High3.52
52 Week Low1.51
Performance
1 Week0.61%
2 Weeks-1.2%
1 Month-25.68%
3 Month-41.9%
6 Month-17.09%
12 Month-27.31%
2 Year-42.51%
3 Year-82.01%
5 Year-90.27%
10 Year-81.1%
15 Year18.71%
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)36.51
LBB1.52
UBB1.84
1.65
+0.02 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.23%
1 Week0.61%
2 Weeks-1.2%
1 Month-25.68%
3 Month-41.9%
6 Month-17.09%
12 Month-27.31%
2 Year-42.51%
3 Year-82.01%
5 Year-90.27%
10 Year-81.1%
15 Year18.71%
Volatility
ATR(14)0.16
ATR(20)%8.87%
ATR Inc-45.1%
Range Today0.1
ADR(20)0.13
ADR(20)%7.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.78
Mansfield-2.66
10 Day High1.85
10 Day Low1.52
20 Day High2.26
20 Day Low1.52
52 Week High3.52
52 Week Low1.51
CS1 EndN/A
CR1 Start1.65
Volume & EV
DER(3)-5.31%
DER(5)-4.03%
Volume1.50M
Volume Incr53.73%
Vol(5)1.75M
Vol(50)1.20M