EGHT NEWS why is 8x8 Inc price falling or rising

EGHT NEWS reasons for why stock price of 8x8 Inc is falling or rising

EGHT 8x8 Inc is falling or rising technical reasons

Technical analysis forecast for 8x8 Inc Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 8x8 Inc EGHT at this time. Stock is falling and might fall more.

It appears as if 8x8 Inc EGHT gave a large move recently.

Stock of 8x8 Inc (EGHT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of 8x8 Inc is bearish for shortterm, and stock might move down till 1.5 or till 0.8. Use a stoploss of 2.07 and if the stock hits stoploss, then it can shoot up till 2.64

EGHT 8x8 Inc is falling or rising NEWS fundamental reasons

More announcements and NEWS

EGHT 8x8 Inc current price & indicator signals

Moving Averages for 8x8 Inc

  • 5Day Average: 1.78
  • 12Day Average: 1.76
  • 20Day Average: 2.19
  • 50Day Average: 2.33
  • 100Day Average: 2.41
  • 150Day Average: 2.54
  • 200Day Average: 2.77

EGHT Indicators & signals

Indicator MACD (12,26,9)

1.91, 2.14, -0.21
Indicator MACD is in negative zone

Indicator ADX (14)

0, 38.89, 38.89
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EGHT 8x8 Inc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Fri Aug 2024 1.95 1.82 to 1.97 7.73% 0.67 times
22 Thu Aug 2024 1.81 1.77 to 1.85 1.69% 0.52 times
21 Wed Aug 2024 1.78 1.67 to 1.78 7.88% 0.63 times
20 Tue Aug 2024 1.65 1.65 to 1.74 -3.51% 0.56 times
19 Mon Aug 2024 1.71 1.65 to 1.73 1.18% 0.25 times
16 Fri Aug 2024 1.69 1.67 to 1.76 0% 0.42 times
15 Thu Aug 2024 1.69 1.66 to 1.75 3.05% 0.59 times
14 Wed Aug 2024 1.64 1.60 to 1.72 -1.2% 0.97 times
13 Tue Aug 2024 1.66 1.65 to 1.74 -5.14% 1.11 times
12 Mon Aug 2024 1.75 1.58 to 1.78 -4.89% 2.62 times
09 Fri Aug 2024 1.84 1.75 to 1.96 -3.66% 2.31 times
08 Thu Aug 2024 1.91 1.51 to 2.54 -25.97% 4.71 times

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