EPAM SYSTEMS INC (EPAM) Stock Technical Analysis
NYSE:EPAM • US29414B1044
Taking everything into account, EPAM scores 0 out of 10 in our technical rating. EPAM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EPAM is a bad performer in the overall market: 90% of all stocks are doing better.
- EPAM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month EPAM has a been trading in the 128.78 - 222.26 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- EPAM is part of the IT Services industry. There are 87 other stocks in this industry, EPAM did better than 41% of them.
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 downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
128.66
We can see 2 important resistance areas.
- Resistance @170.64 from a trend line in the daily time frame.
- Resistance @213.32 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 | DOWN | NEGATIVE | The short term trend for EPAM is down. |
| ChartMill Relative Strength | 10.25 | NEGATIVE | EPAM has a low relative strength, it was outperformed by 89.75% 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) | 22.8 | OVERSOLD | The low RSI value suggests EPAM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.8 | NEGATIVE | The MACD value suggests EPAM has a negative trend. |
| Stochastics (14,3) | 8.47 | OVERSOLD | The low Stochastics value suggests EPAM may be oversold. |
| Average True Range in percent/ATR (20) | 9.25 | HIGH VOLATILITY | The high ATR as a percentage value for EPAM suggests high volalility. |
| Average Directional Index/ADX (14) | 40.58 | POSITIVE | The high ADX value value for EPAM suggests a strong trend. |
129.96
-8.89 (-6.4%)
EPAM SYSTEMS INC / EPAM FAQ
What is the technical rating for EPAM stock?
ChartMill assigns a technical rating of 0 / 10 to EPAM.
What is the trend direction for 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 22.8006. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for EPAM SYSTEMS INC?
The buy/sell signal for EPAM SYSTEMS INC (EPAM) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for EPAM SYSTEMS INC (EPAM) stock?
EPAM SYSTEMS INC (EPAM) has a resistance level at 170.64. Check the full technical report for our detailed analysis of EPAM support and resistance levels.