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Shares of Robert Half Intl Rise Above Previous 52-Week High

By Amy Schwartz

Shares of Robert Half Intl (NYSE:RHI) traded at a new 52-week high today of $69.61. Approximately 125,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.

Over the past year, Robert Half Intl has traded in a range of $42.92 to $69.61 and is now at $69.52, 62% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.1%.

Robert Half International, Inc. provides temporary and permanent staffing services. The Company supplies temporary, full-time, and senior-level project professionals for accounting, finance, office, administrative support, information technology, legal support, marketing, advertising, and public relations sectors.

Robert Half Intl (NYSE:RHI) is currently priced 13.5% above its average consensus analyst price target of $60.12. The stock should find initial support at its 50-day moving average (MA) of $62.21 and further support at its 200-day MA of $55.86.

SmarTrend recommended that subscribers consider buying shares of Robert Half Intl on April 25th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $60.56. Since that recommendation, shares of Robert Half Intl have risen 14.6%. We continue to monitor RHI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows robert half intl

Ticker(s): RHI