EPAM SYSTEMS INC (EPAM) Stock Technical Analysis
USA - NYSE:EPAM - US29414B1044 - Common Stock
154.12 USD
+1.35 (+0.88%)
154.12 USD
0 (0%)
Overall EPAM gets a technical rating of 0 out of 10. EPAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% of all other stocks performed better in the past year than EPAM.
EPAM is part of the IT Services industry. There are 86 other stocks in this industry, of which 64% are performing better than EPAM.
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.
EPAM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, EPAM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 160.25. Right above this resistance zone may be a good entry point.
More info and screens
141.89
188.77
2 important support areas can be observed.
- Support @149.33 from a horizontal line in the daily time frame.
- A support zone ranging from 143.32 to 145.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 160.25 to 162.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 171.97 to 172.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 176.37 to 176.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @180.76 from a horizontal line in the daily time frame.
- Resistance @186.90 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for EPAM is down. |
| ChartMill Relative Strength | 11.54 | NEGATIVE | EPAM has a low relative strength, it was outperformed by 88.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EPAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EPAM is below 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) | 44.88 | NEUTRAL | The RSI value for EPAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EPAM has a positive trend. |
| Stochastics (14,3) | 45.38 | NEUTRAL | The Stochastics value for EPAM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for EPAM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.81 | 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)
154.12
+1.35 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.88%
1 Week1.5%
2 Weeks-1.33%
1 Month-9.05%
3 Month-15.7%
6 Month6.53%
12 Month-22.3%
2 Year-29.16%
3 Year-55.97%
5 Year-50.11%
10 Year99.25%
15 YearN/A
Volatility
ATR(14)4.41
ATR(20)%3.33%
ATR Inc-18.01%
Range Today3.04
ADR(20)5.03
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.54
Mansfield-2.86
10 Day High158.95
10 Day Low148.18
20 Day High170.17
20 Day Low148.18
52 Week High269
52 Week Low138.15
CS1 End149.33
CR1 Start160.25
Volume & EV
DER(3)0.42%
DER(5)0%
Volume451.90K
Volume Incr-23.71%
Vol(5)678.58K
Vol(50)831.29K