EPAM SYSTEMS INC (EPAM) Stock Technical Analysis
USA - NYSE:EPAM - US29414B1044 - Common Stock
We assign a technical rating of 2 out of 10 to EPAM. In the past year, EPAM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of EPAM is bad and it also does not present a quality setup 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.
More info and screens
140.77
When analyzing the support we notice one important area.
- A support zone ranging from 142.19 to 144.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 169.08 to 170.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @176.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 180.76 to 183.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @233.49 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 | DOWN | NEGATIVE | The long term trend for EPAM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EPAM is up. |
| ChartMill Relative Strength | 23.7 | NEGATIVE | EPAM has a low relative strength, it was outperformed by 76.3% 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) | DOWN | MIXED | The current price of EPAM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EPAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.13 | NEUTRAL | The RSI value for EPAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.28 | POSITIVE | The MACD value suggests EPAM has a positive trend. |
| Stochastics (14,3) | 93.26 | OVERBOUGHT | The high Stochastics value suggests EPAM may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for EPAM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.41 | NEUTRAL | The ADX value for EPAM suggests a possible start of a new trend. |
162.85
+0.95 (+0.59%)
EPAM SYSTEMS INC / EPAM FAQ
What is the technical rating for EPAM stock?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for EPAM stock?
EPAM SYSTEMS INC (EPAM) has an RSI value of 62.1326. This indicates that the stock is currently neutral.
What is the MACD signal for EPAM stock?
The MACD indicator for EPAM SYSTEMS INC (EPAM) has a value of 2.27958, 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 hold as the short term and long term trends are mixed.