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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
8x8 Inc (NASDAQ:EGHT)
Sidelines Mode (-55) - EGHT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EGHT?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGHT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EGHT
The long-term trend has been DOWN since Aug 8th, 2024 at 1.85
The intermediate-term trend has been UP since Sep 24th, 2024 at 1.98
The short-term trend has been DOWN since Nov 14th, 2024 at 2.83
Smart Scan Analysis for EGHT
Based on our trend formula, EGHT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.710 | 2.780 | 2.665 | 2.680 | -0.080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.690 | 485459 | 2024-11-19 15:59:36 |
| 52wk High | 3.92 | 52wk High Date | 2023-12-28 |
| 52wk Low | 1.51 | 52wk Low Date | 2024-08-08 |
| Average Volume | 1,060,974 | Shares Outstanding | 130,661 |
| Assets | 740,126,000M | Liabilities | 630,314,000M |
| P/E Ratio | -3.19150000 |