EPAM Systems (EPAM) Technical Analysis

EPAM Systems Inc (EPAM) is a global provider of digital platform engineering and software development services. The company’s technical analysis provides insights into the stock’s performance based on various indicators. These indicators help investors make informed decisions about buying or selling EPAM stock. One such indicator is the Relative Strength Index (RSI), which measures the stock’s momentum. A high RSI indicates that the stock is overbought, while a low RSI suggests it is oversold. Another useful indicator is the Average Directional Index (ADX), which measures the strength of the stock’s trend. A high ADX indicates a strong trend, while a low ADX suggests a weak trend.

The Moving Average Convergence Divergence (MACD) is another important indicator used in EPAM’s technical analysis. It shows the relationship between two moving averages of the stock’s price. A positive MACD indicates that the stock is in an upward trend, while a negative MACD suggests a downward trend. The Rate of Change (ROC) is yet another indicator used to assess EPAM stock’s momentum. It measures the percentage change in the stock’s price over a specified period. A positive ROC indicates a bullish trend, while a negative ROC suggests a bearish trend. The Stochastic Relative Strength Index (STOCHRSI) is a combination of the RSI and the Stochastic oscillator. It helps identify overbought or oversold conditions in EPAM stock. The Williams %R (WILLR) is another oscillator used in EPAM’s technical analysis. It compares the stock’s closing price to its high-low range over a specified period to determine overbought or oversold conditions.