Is EPAM Systems, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for EPAM Systems, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by bearish signals in the MACD (both weekly and monthly), KST (weekly and monthly), and moving averages (daily). Bollinger Bands also indicate a mildly bearish outlook on both weekly and monthly time frames. However, there is a mildly bullish signal from Dow Theory on the weekly chart, and the On-Balance Volume is bullish on both time frames, suggesting some underlying strength.
In terms of performance, EPAM has underperformed the S&P 500 significantly over longer periods, with a year-to-date return of -31.83% compared to the S&P 500's 15.47%, and a 3-year return of -52.00% versus 78.85% for the index.