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8X8 Inc Bullish Moving Average Crossover Alert (EGHT)

By Amy Schwartz

Today, shares of 8X8 Inc (NYSE:EGHT) have crossed bullishly above their 10-day moving average of $13.87 on a volume of 564K 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.

In the past 52 weeks, 8X8 Inc share prices have been bracketed by a low of $10.30 and a high of $21.57 and are now at $15.54, 51% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has slid 1%.

SmarTrend is tracking the current trend status for 8X8 Inc and will alert subscribers who have EGHT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses 8x8 inc

Ticker(s): EGHT