Technical Analysis for EGHT - 8x8 Inc

Grade Last Price % Change Price Change
F 24.49 -0.45% -0.11
EGHT closed down 0.45 percent on Friday, May 14, 2021, on 1.27 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical EGHT trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup -0.45%
Calm After Storm Range Contraction -0.45%
Lower Bollinger Band Walk Weakness -0.45%
Wide Bands Range Expansion -0.45%
Below Lower BB Weakness -0.45%
Older End-of-Day Signals for EGHT ...

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Profile

8x8 Inc Description

8x8, Inc. develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications. The company also provides contact center, Web-based conferencing, and unified communications services, as well as cloud-based computing services. Its services include the 8x8 Virtual Office, a hosted private branch exchange service targeting the small and medium-sized business market; and the 8x8 Virtual Contact Center service, an integrated hosted call center solution that works with various broadband Internet connections and provides enterprise class contact center functionality combined with Virtual Office calling features. In addition, the company provides the 8x8 Virtual Office Pro unified communications solution that allows subscribers to manage business communications functions online through a centralized Web-based portal through a PC, laptop, tablet, or smart phone; and the 8x8 managed hosting and cloud-based computing solutions for business customers. Further, it offers the 8x8 IP Telephones, such as various models of Polycom IP phones and speakerphones featuring high definition (HD) audio, corporate directory display and lookup, intercom paging, shared line appearance, and power over Ethernet, as well as provides Cisco IP phones. The company markets its services under the 8x8 brand to end users through direct sales force, Website, and third party resellers primarily in the United States. As of March 31, 2013, it had approximately 32,500 business customers. 8x8, Inc. was founded in 1987 and is headquartered in San Jose, California.


Classification

Sector: Communication Services
Industry: Telecom Services
Keywords: Telecommunications Broadband Cloud Computing Work From Home Ethernet Telephony Telecommunications Services Videotelephony Laptop Smart Phone Internet Protocol Communications Services Broadband Internet Contact Center Computing Solutions Unified Communications Internet Connection Teleconferencing Business Communications Polycom Video Applications Broadband Internet Connection Internet Connections

Is EGHT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 39.16
52 Week Low 13.68
Average Volume 1,088,738
200-Day Moving Average 25.83
50-Day Moving Average 32.13
20-Day Moving Average 30.78
10-Day Moving Average 27.87
Average True Range 1.39
ADX 32.13
+DI 11.34
-DI 41.66
Chandelier Exit (Long, 3 ATRs ) 31.04
Chandelier Exit (Short, 3 ATRs ) 28.18
Upper Bollinger Band 37.91
Lower Bollinger Band 23.64
Percent B (%b) 0.06
BandWidth 46.37
MACD Line -2.19
MACD Signal Line -1.30
MACD Histogram -0.8912
Fundamentals Value
Market Cap 2.6 Billion
Num Shares 106 Million
EPS -1.13
Price-to-Earnings (P/E) Ratio -21.69
Price-to-Sales 4.30
Price-to-Book 12.46
PEG Ratio -9.66
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.54
Resistance 3 (R3) 25.53 25.16 25.37
Resistance 2 (R2) 25.16 24.90 25.17 25.31
Resistance 1 (R1) 24.83 24.73 24.65 24.84 25.25
Pivot Point 24.46 24.46 24.37 24.47 24.46
Support 1 (S1) 24.13 24.20 23.95 24.14 23.73
Support 2 (S2) 23.76 24.03 23.77 23.67
Support 3 (S3) 23.43 23.76 23.62
Support 4 (S4) 23.44