8X8 INC (EGHT) Stock Technical Analysis
NASDAQ:EGHT - Nasdaq - US2829141009 - Common Stock - Currency: USD
Taking everything into account, EGHT scores 4 out of 10 in our technical rating. In the last year, EGHT was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, EGHT is a bad performer in the overall market: 64% of all stocks are doing better.
In the last month EGHT has a been trading in the 2.57 - 3.52 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EGHT is part of the Software industry. There are 284 other stocks in this industry, EGHT did better than 51% of them.
EGHT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGHT is lagging the market.
EGHT has an average technical rating and also the quality of the setup is only medium 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
2.48
2.70
2 important support areas can be observed.
- Support @2.57 from a horizontal line in the weekly time frame.
- Support @2.51 from a horizontal 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
CRS36.76
Mansfield0
10 Day High3.52
10 Day Low2.57
20 Day High3.52
20 Day Low2.57
52 Week High3.52
52 Week Low1.51
Performance
1 Week-23.05%
2 Weeks-5.99%
1 Month-2.55%
3 Month-12.17%
6 Month36.92%
12 Month9.43%
2 Year-49.81%
3 Year-79.4%
5 Year-85.57%
10 Year-63.97%
15 Year99.25%
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)-0.02
RSI(14)43.39
LBB2.49
UBB3.38
2.67
-0.16 (-5.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.65%
1 Week-23.05%
2 Weeks-5.99%
1 Month-2.55%
3 Month-12.17%
6 Month36.92%
12 Month9.43%
2 Year-49.81%
3 Year-79.4%
5 Year-85.57%
10 Year-63.97%
15 Year99.25%
Volatility
ATR(14)0.29
ATR(20)%9.6%
ATR Inc-17.77%
Range Today0.21
ADR(20)0.25
ADR(20)%9.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.76
Mansfield0
10 Day High3.52
10 Day Low2.57
20 Day High3.52
20 Day Low2.57
52 Week High3.52
52 Week Low1.51
CS1 End2.57
CR1 StartN/A
Volume & EV
DER(3)-1.87%
DER(5)-2.86%
Volume1.10M
Volume Incr17.2%
Vol(5)1.42M
Vol(50)979.74K