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SmarTrend Watching for Potential Pullback in Shares of Robert Half Intl After 1.01% Gain

By Amy Schwartz

Robert Half Intl (NYSE:RHI) traded in a range yesterday that spanned from a low of $69.09 to a high of $70.21. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $69.44 on volume of 317,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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.

In the past 52 weeks, Robert Half Intl share prices have been bracketed by a low of $42.92 and a high of $70.21 and are now at $70.12, 63% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.7%.

Keywords: rebounders robert half intl

Ticker(s): RHI