Technical Analysis for EGHT - 8x8 Inc

Grade Last Price % Change Price Change
grade B 20.06 1.21% 0.24
EGHT closed up 1.21 percent on Tuesday, February 19, 2019, on 1.29 times normal volume. It was able to find support at its 50 day moving average. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Flat Up Up
See historical EGHT trend table...

Date Alert Name Type % Chg
Feb 19 1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Feb 19 20 DMA Support Bullish 0.00%
Feb 19 50 DMA Support Bullish 0.00%
Feb 19 Crossed Above 200 DMA Bullish 0.00%
Feb 19 Hammer Candlestick Bullish 0.00%
Feb 19 Lizard Bullish Bullish Day Trade Setup 0.00%
Feb 19 Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Feb 19 Pocket Pivot Bullish Swing Setup 0.00%
Feb 19 Wide Range Bar Range Expansion 0.00%
Feb 19 Doji - Bearish? Reversal 0.00%

Older signals for EGHT ...

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Profile
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.
Telecommunications Broadband Cloud Computing Ethernet Videotelephony Communications Services Internet Protocol Telecommunications Services Telephony Paging Teleconferencing Unified Communications Smart Phone Business Communications Communications Solution Polycom Video Applications
Is EGHT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 2 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 23.5
52 Week Low 14.05
Average Volume 1,147,130
200-Day Moving Average 19.9867
50-Day Moving Average 18.9294
20-Day Moving Average 19.126
10-Day Moving Average 19.203
Average True Range 1.3661
ADX 44.35
+DI 11.2535
-DI 60.6049
Chandelier Exit (Long, 3 ATRs ) 16.5917
Chandelier Exit (Short, 3 ATRs ) 18.1483
Upper Bollinger Band 20.8044
Lower Bollinger Band 17.4476
Percent B (%b) 0.78
BandWidth 17.550978
MACD Line 0.1858
MACD Signal Line 0.0423
MACD Histogram 0.1436
Fundamentals Value
Market Cap 1.85 Billion
Num Shares 92 Million
EPS -0.07
Price-to-Earnings (P/E) Ratio -286.57
Price-to-Sales 4.37
Price-to-Book 3.68
PEG Ratio -155.28
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.08
Resistance 3 (R3) 28.07 24.07 27.57
Resistance 2 (R2) 24.07 21.77 24.57 27.07
Resistance 1 (R1) 22.06 20.35 23.07 23.07 26.57
Pivot Point 18.06 18.06 18.56 18.56 18.06
Support 1 (S1) 16.05 15.76 17.06 17.06 13.55
Support 2 (S2) 12.05 14.34 12.55 13.05
Support 3 (S3) 10.04 12.05 12.55
Support 4 (S4) 11.05