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On Assignment Shares Up 24.1% Since SmarTrend's Buy Recommendation (ASGN)
Jan 17, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for On Assignment (NASDAQ:ASGN) on September 14th, 2012 at $18.60. In approximately 4 months, On Assignment has returned 24.12% as of today's recent price of $23.08.
On Assignment share prices have moved between a 52-week high of $24.58 and a 52-week low of $10.85 and are now trading 113% above that low price at $23.08 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.
On Assignment, Inc. places professional employees on both long- and short-term assignments through its Lab Support, Healthcare Financial Staffing, and EnviroStaff divisions. The Company provides temporary scientific, environmental, and medical billing and collections professionals to a range of industries through a network of branch offices.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of On Assignment shares.Log in and add On Assignment (ASGN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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