EPAM SYSTEMS INC (EPAM) Stock Technical Analysis
NYSE:EPAM - US29414B1044 - Common Stock
174.95 USD
+8.55 (+5.14%)
174.95 USD
0 (0%)
We assign a technical rating of 3 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.
When comparing the yearly performance of all stocks, EPAM is a bad performer in the overall market: 82% of all stocks are doing better.
EPAM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EPAM has a been trading in the 146.43 - 177.66 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
EPAM is part of the IT Services industry. There are 83 other stocks in this industry, EPAM did better than 46% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of EPAM is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
144.15
244.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 149.32 to 152.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @145.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- 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.
- A resistance zone ranging from 186.90 to 186.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @242.31 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 | 18.73 | NEGATIVE | EPAM has a low relative strength, it was outperformed by 81.27% 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) | 62.58 | NEUTRAL | The RSI value for EPAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.34 | POSITIVE | The MACD value suggests EPAM has a positive trend. |
| Stochastics (14,3) | 84.82 | OVERBOUGHT | The high Stochastics value suggests EPAM may be overbought. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for EPAM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for EPAM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
174.95
+8.55 (+5.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg5.14%
1 Week10.93%
2 Weeks10.73%
1 Month2.47%
3 Month-0.57%
6 Month-16.23%
12 Month-12.14%
2 Year-32.45%
3 Year-58.98%
5 Year-46.51%
10 Year147.77%
15 YearN/A
Volatility
ATR(14)7.06
ATR(20)%3.71%
ATR Inc11.98%
Range Today10.83
ADR(20)6.06
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.73
Mansfield-1.92
10 Day High177.66
10 Day Low150.86
20 Day High177.66
20 Day Low146.43
52 Week High269
52 Week Low138.15
CS1 End152.1
CR1 Start180.76
Volume & EV
DER(3)0.07%
DER(5)0.37%
Volume802.90K
Volume Incr-14.6%
Vol(5)700.06K
Vol(50)695.19K