Stock Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
8x8 Inc (NYSE:EGHT)
Long-Term Downtrend (-90) - EGHT is in a strong downtrend that is likely to continue. While EGHT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for EGHT
The long-term trend has been DOWN since May 6th, 2021 at 30.2286
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 23.5800
The short-term trend has been DOWN since Oct 18th, 2021 at 23.3900
Smart Scan Analysis for EGHT
Based on our trend formula, EGHT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||23.5||Year High Date||2018-09-13|
|Year Low||14.2||Year Low Date||2018-01-02|
|52wk High||39.17||52wk High Date||2021-01-19|
|52wk Low||15.52||52wk Low Date||2020-10-28|
|Average Volume||700,823||Shares Outstanding||112,033|