In the last six months, an AI trading bot generated 9% for EPAM.
Over the past few years, the use of AI-powered trading bots has been on the rise, and for good reason. These bots are designed to analyze market data and make trades based on that data, all without the need for human intervention. One such AI trading bot that has been making waves is Swing Trader for Beginners (TA&FA), which has recently generated a 9% return for EPAM over the past 6 months.
EPAM is a global provider of software engineering and IT consulting services, and its stock has been performing well over the past year. However, with the market volatility that we have been experiencing lately, it can be difficult to make informed trading decisions. That's where Swing Trader for Beginners (TA&FA) comes in.
This AI trading bot is designed to use both technical analysis (TA) and fundamental analysis (FA) to make trading decisions. TA involves analyzing historical price and volume data to identify patterns and trends in the market, while FA involves analyzing a company's financial and economic data to determine its intrinsic value.
By using both TA and FA, Swing Trader for Beginners (TA&FA) is able to make more informed trading decisions that take into account both market trends and company fundamentals. This has led to a 9% return for EPAM over the past 6 months, which is an impressive feat given the current market conditions.
Of course, it's important to remember that no trading bot is infallible, and there is always some level of risk involved in trading. However, by using an AI trading bot like Swing Trader for Beginners (TA&FA), investors can benefit from the insights and analysis provided by advanced algorithms, which can help them make better trading decisions and potentially earn higher returns.
Overall, the success of Swing Trader for Beginners (TA&FA) in generating a 9% return for EPAM over the past 6 months is a testament to the power of AI in the world of finance. As more and more investors turn to AI-powered trading bots, we can expect to see even more impressive results in the years to come.
EPAM in upward trend: price expected to rise as it breaks its lower Bollinger Band on May 05, 2023
EPAM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 34 cases where EPAM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where EPAM's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 19, 2023. You may want to consider a long position or call options on EPAM as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EPAM just turned positive on May 19, 2023. Looking at past instances where EPAM's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EPAM advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EPAM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for EPAM entered a downward trend on May 18, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. EPAM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.773) is normal, around the industry mean (3.957). P/E Ratio (35.336) is within average values for comparable stocks, (49.593). EPAM's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.480). Dividend Yield (0.000) settles around the average of (0.033) among similar stocks. P/S Ratio (3.143) is also within normal values, averaging (2.657).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of software engineering solutions and technology services
Industry InformationTechnologyServices
EPAM and
Correlation & Price change
A.I.dvisor indicates that over the last year, EPAM has been closely correlated with GLOB. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if EPAM jumps, then GLOB could also see price increases.
| Ticker / NAME | Correlation To EPAM | 1D Price Change % | ||
|---|---|---|---|---|
| EPAM | 100% | -0.05% | ||
| GLOB - EPAM | 76% Closely correlated | +2.13% | ||
| GDYN - EPAM | 67% Closely correlated | N/A | ||
| ACN - EPAM | 67% Closely correlated | +1.59% | ||
| FLYW - EPAM | 59% Loosely correlated | +0.10% | ||
| BR - EPAM | 56% Loosely correlated | -1.20% | ||
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