Epam (EPAM) Just Overtook the 200-Day Moving Average

Technical Analysis - EPAM has surpassed resistance at the 200-day moving average, indicating a long-term bullish trend [1] - The 200-day simple moving average is a key tool for determining long-term market trends and serves as a support or resistance level [1] Performance Metrics - EPAM has experienced a rally of 20.8% over the past four weeks, suggesting potential for further upward movement [2] - The company currently holds a Zacks Rank of 2 (Buy), indicating positive market sentiment [2] Earnings Estimates - There have been 4 positive earnings estimate revisions for the current fiscal year, with no downward revisions, strengthening the bullish outlook for EPAM [2] - The consensus earnings estimate for EPAM has also increased, further supporting the positive sentiment [2] Investment Consideration - Investors are encouraged to consider adding EPAM to their watchlist due to the significant technical indicators and favorable earnings estimate revisions [3]