8X8 INC (EGHT)
US2829141009 - Common Stock
Overall EGHT gets a technical rating of 4 out of 10. In the last year, EGHT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
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.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, EGHT did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
EGHT is an average performer in the Software industry, it outperforms 53% of 279 stocks in the same industry.
EGHT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EGHT is lagging the market slightly.
EGHT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.10
3.20
3 important support areas can be observed.
- Support @2.71 from a trend line in the daily time frame.
- A support zone ranging from 2.62 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.12 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.17 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.59
Mansfield-0.4
10 Day High3.26
10 Day Low2.5
20 Day High3.27
20 Day Low2.5
52 Week High3.92
52 Week Low1.51
Performance
1 Week3.62%
2 Weeks-14.2%
1 Month-7.8%
3 Month43.92%
6 Month34.65%
12 Month-22.51%
2 Year-37.04%
3 Year-83.77%
5 Year-85.14%
10 Year-70.31%
15 Year81.33%
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)-0.07
RSI(14)44.13
LBB2.52
UBB3.36
8X8 INC
NASDAQ:EGHT (12/20/2024, 8:06:43 PM)
After market: 2.69 -0.03 (-1.1%)2.72
+0.03 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.12%
1 Week3.62%
2 Weeks-14.2%
1 Month-7.8%
3 Month43.92%
6 Month34.65%
12 Month-22.51%
2 Year-37.04%
3 Year-83.77%
5 Year-85.14%
10 Year-70.31%
15 Year81.33%
Volatility
ATR(14)0.19
ATR(20)%6.69%
ATR Inc-13.9%
Range Today0.15
ADR(20)0.17
ADR(20)%6.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.59
Mansfield-0.4
10 Day High3.26
10 Day Low2.5
20 Day High3.27
20 Day Low2.5
52 Week High3.92
52 Week Low1.51
CS1 End2.71
CR1 Start3.17
Volume & EV
DER(3)-6.76%
DER(5)-1.89%
Volume1.77M
Volume Incr16.04%
Vol(5)968.14K
Vol(50)905.03K