The Relative Strength (RS) Rating for EPAM Systems moved into a new percentile Wednesday, as it got a lift from 61 to 72.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if EPAM Systems can continue to show renewed price strength and clear that threshold.
How To Invest In Stocks In Both Bull And Bear Markets
While the stock is not near a proper buy zone right now, see if it is able to form and break out of a proper base.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -7% to 14%. Revenue rose from -2% to 1%.
EPAM Systems holds the No. 12 rank among its peers in the Computer-Technical Services industry group. Dave, Gorilla Technology Group and Globant are among the top 5 highly rated stocks within the group.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
