8x8 Common Stock Forecast - Price Action Indicator

EGHT Stock  USD 3.04  0.09  3.05%   
8x8 Stock Forecast is based on your current time horizon.
  
At this time, 8x8 Common's Payables Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 1.26 in 2024, whereas Inventory Turnover is likely to drop 5.35 in 2024. . Common Stock Shares Outstanding is likely to drop to about 72 M in 2024. Net Loss is likely to drop to about (69.1 M) in 2024.
8x8 Common Stock has current Price Action Indicator of 0.055. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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8x8 Common Trading Date Momentum

On November 24 2024 8x8 Common Stock was traded for  3.04  at the closing time. The top price for the day was 3.13  and the lowest listed price was  2.93 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 had no effect on price fluctuation. The daily price change against the current closing price is 1.64% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for 8x8 Common

For every potential investor in 8x8, whether a beginner or expert, 8x8 Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 8x8 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 8x8. Basic forecasting techniques help filter out the noise by identifying 8x8 Common's price trends.

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8x8 Common Stock Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of 8x8 Common's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of 8x8 Common's current price.

8x8 Common Market Strength Events

Market strength indicators help investors to evaluate how 8x8 Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 8x8 Common shares will generate the highest return on investment. By undertsting and applying 8x8 Common stock market strength indicators, traders can identify 8x8 Common Stock entry and exit signals to maximize returns.

8x8 Common Risk Indicators

The analysis of 8x8 Common's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in 8x8 Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 8x8 stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Additional Tools for 8x8 Stock Analysis

When running 8x8 Common's price analysis, check to measure 8x8 Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.