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Epam Systems Inc Bearish Moving Average Crossover Alert (EPAM)

By Amy Schwartz

Epam Systems Inc (NYSE:EPAM) shares have crossed bearishly below their 10-day moving average of $190.32 on a volume of 110K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Epam Systems Inc have traded between a low of $104.77 and a high of $201.00 and are now at $180.51, which is 72% above that low price. The 200-day and 50-day moving averages have moved 0.81% higher and 0.85% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Epam Systems Inc and will alert subscribers who have EPAM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses epam systems inc

Ticker(s): EPAM