EPAM Systems Stock Jumps To A Higher Relative Strength Level
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When searching for potential stocks to invest in, it’s important to consider their relative price strength. EPAM Systems (EPAM) stock is one such stock with an upgraded Relative Strength (RS) Rating from 76 to 82. This rating compares a stock’s price performance over the past year to other stocks in the market. Stocks with an RS rating above 80 often go on to experience significant gains. EPAM Systems stock has recently surpassed a key entry point and is currently out of a proper buy zone. Investors should look for opportunities to purchase shares during a pullback to the 50-day or 10-week line. The company reported negative growth in sales and earnings in the previous quarter.