EPAM SYSTEMS INC (EPAM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EPAM - US29414B1044 - Common Stock
Taking everything into account, EPAM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EPAM is only an average performer.
Although EPAM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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141.90
When analyzing the support we notice one important area.
- A support zone ranging from 143.33 to 144.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @228.20 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EPAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EPAM is up. |
| ChartMill Relative Strength | 74.44 | POSITIVE | EPAM has a high relative strength, it outperformed 74.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EPAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EPAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EPAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.64 | OVERBOUGHT | The high RSI value suggests EPAM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.71 | POSITIVE | The MACD value suggests EPAM has a positive trend. |
| Stochastics (14,3) | 93.62 | OVERBOUGHT | The high Stochastics value suggests EPAM may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for EPAM suggests some volalility. |
| Average Directional Index/ADX (14) | 37.87 | POSITIVE | The high ADX value value for EPAM suggests a strong trend. |
211.72
+3.75 (+1.8%)
EPAM SYSTEMS INC / EPAM FAQ
What is the technical rating for EPAM stock?
ChartMill assigns a technical rating of 8 / 10 to EPAM.
What is the current trend direction of EPAM SYSTEMS INC (EPAM) stock?
The current trend direction for EPAM SYSTEMS INC (EPAM) is Bullish.
What is the RSI signal for EPAM stock?
EPAM SYSTEMS INC (EPAM) has an RSI value of 85.6416. This indicates that the stock is currently overbought.
What is the MACD signal for EPAM stock?
The MACD indicator for EPAM SYSTEMS INC (EPAM) has a value of 1.71102, indicating a bullish trend.
What is the buy/sell signal for EPAM SYSTEMS INC (EPAM) stock?
The buy/sell signal for EPAM SYSTEMS INC (EPAM) is buy as both the short term and long term trends are positive.