FILTRIX Logo FILTRIX Find Your Edge →

Latest signal:

EGHT Stock Analysis

Data source: Trade-Ideas Alerts | 6 alerts analyzed | Backtest period: 2022-08-05 → 2023-11-02

⚠️ Small sample size (6 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NASDAQ 📅 IPO: Jul 02, 1997 🔗 www.8x8.com
💰 Market Cap: $232.9M 👥 Employees: 1,942
8x8 Inc provides contact-center-as-a-service and unified-communications-as-a-service software applications to approximately 2.5 million users. The company's unified platform enables omnichannel communication to assist employees in communicating across voice, video, text, chat, and contact centers. The Company also generates revenue from sales of hardware and professional services, which are complementary to the delivery of its integrated technology platform. Geographically, it derives a majority of revenue from the United States.
📊
6
Total Alerts
🎯
50.0%
Win Rate (EOD)
💰
-0.56%
Avg Gain (EOD)
🚀
+4.54%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 33.3%
Avg Gain: -0.83%
Avg Winner: +1.13%
Avg Loser: -1.81%
Best: +2.20%
Worst: -5.08%
Trades: 2/4

15MIN

Win Rate: 16.7%
Avg Gain: -2.57%
Avg Winner: +6.41%
Avg Loser: -4.37%
Best: +6.41%
Worst: -17.19%
Trades: 1/5

30MIN

Win Rate: 33.3%
Avg Gain: -3.38%
Avg Winner: +5.45%
Avg Loser: -7.79%
Best: +6.04%
Worst: -25.26%
Trades: 2/4

60MIN

Win Rate: 33.3%
Avg Gain: -3.63%
Avg Winner: +7.54%
Avg Loser: -9.22%
Best: +9.89%
Worst: -23.70%
Trades: 2/4

EOD (End of Day)

Win Rate: 50.0%
Avg Gain: -0.56%
Avg Winner: +6.91%
Avg Loser: -8.03%
Best: +14.29%
Worst: -14.06%
Trades: 3/3

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +4.54%
Best MFE: +14.65%
Avg Time to MFE: 138 min

On average, EGHT alerts reach +4.54% profit potential within 138 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -2.40%
Worst MAE: -5.08%
Avg Time to MAE: 14 min

Before reaching MFE, expect an average drawdown of 2.40%.

⚖️ Risk/Reward Ratio

1.89:1

Good risk/reward - favorable for momentum trading.

💡 Trading Insight: Based on 6 alerts, EGHT typically reaches +4.54% profit before pulling back. Consider setting profit targets around 3.6% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 6
Gap Up % 33.3%
Avg Gap +0.01%
Best Gap +1.83%

🏭 Sector Comparison: SERVICES-COMPUTER PROCESSING & DATA PREPARATION

How EGHT compares to 42 other tickers in the same sector.

5-Min Gain
EGHT: -0.83% Sector: -0.45% -0.38%
EOD Gain
EGHT: -0.56% Sector: +1109.54% -1110.11%
Avg MFE
EGHT: +4.54% Sector: +6.73% -2.19%

📋 Last 20 Alerts

Historical EGHT alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2023-11-02 09:28:00 $2.73 +2.20% +6.41% +6.04% +9.89% +14.29% +14.65% -2.93% +1.83% WIN
2023-09-12 09:26:00 $2.56 -1.17% -1.37% -0.78% -2.54% +2.73% +2.73% -3.12% -2.34% LOSS
2023-09-07 09:28:00 $2.8 -0.54% -1.61% -2.86% -4.64% -4.64% +1.43% -0.71% -0.36% LOSS
2023-08-09 09:25:00 $3.84 -5.08% -17.19% -25.26% -23.70% -14.06% +0.26% -5.08% - LOSS
2023-04-21 09:28:00 $3.34 -0.45% -0.75% -2.25% -5.99% -5.39% +0.60% - - LOSS
2022-08-05 09:25:00 $4.33 +0.07% -0.92% +4.85% +5.20% +3.70% +7.58% -2.54% +0.92% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ EGHT Shows Negative Expectancy

With 50.0% win rate and -0.56% average gain, EGHT alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider EGHT for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze EGHT with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for EGHT. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, EGHT historically offers an average upside of +4.54% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 EGHT Momentum Personality

With a baseline win rate of 50.0%, EGHT shows negative momentum - the stock tends to fade after alerts. This pattern suggests EGHT may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: EGHT shows negative expectancy across all tested intraday timeframes (Best: EOD (End of Day) at -0.56%). This suggests EGHT is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.