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8X8 Inc Bullish Moving Average Crossover Alert (EGHT)

By Nick Russo

8X8 Inc (NYSE:EGHT) shares have crossed bullishly above their 10-day moving average of $20.66 on a volume of 291K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

8X8 Inc share prices have moved between a 52-week high of $23.05 and a 52-week low of $10.30 and are now trading 105% above that low price at $21.12 per share. The 200-day and 50-day moving averages have moved 0.64% higher and 0.19% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in 8X8 Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of 8X8 Inc in search of a potential trend change.

Keywords: moving crosses 8x8 inc

Ticker(s): EGHT