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On Assignment Shares Down 22.6% Since SmarTrend's Sell Call (ASGN)

By Amy Schwartz

SmarTrend identified a Downtrend for On Assignment (NYSE:ASGN) on September 10th, 2018 at $85.78. In approximately 1 month, On Assignment has returned 22.65% as of today's recent price of $66.35.

In the past 52 weeks, shares of On Assignment have traded between a low of $54.37 and a high of $94.25 and are now at $66.35, which is 22% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has remained constant.

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 changes in momentum for shares of On Assignment.

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.

Keywords: spotlights on assignment

Ticker(s): ASGN