Asgn Incorporated | ASGN

Daily Technical Analysis of Asgn Incorporated

Asgnrporated is up a bit on the day, funds flowing in kept the price up 1.35% since yesterday.

The Employment Services company isn't at an immediate support or resistance level that might be predictive. ASGN has been bouncing around but hasn't taken a very clear direction over the last few months. So it doesn't have very much obvious momentum in either direction. ASGN might find some support at the 118.65 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Asgnrporated By Price Target And Rating

The analysts are pretty neutral on ASGNrporated right now, so not much useful information here. The current Analysts Sentiment Score is 6.76. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Robert W. Baird provided a price target decease of -4.63% to $103.00 from $108.00 on 2023-02-09. William Blair reiterated a rating of Outperform on 2022-11-25. BMO Capital Markets provided a price target decease of -3.06% to $95.00 from $98.00 on 2022-10-27. Truist Financial decided to move down their price target on 2022-06-14 to $110.00 which is a -26.67% decrease. On 2022-05-27 Jefferies Financial Group lowered their price target by -19.2% to $101.00. Credit Suisse Group downgraded from Neutral to Underperform on 2022-05-25 and they lowered their price target by -18.18% to $90.00 from a previous target of $110.00. Bank of America announced that they are initiating coverage with a rating of Buy on 2022-03-11. Hanson reiterated a rating of Sell on 2021-08-20. SunTrust Banks boosted their price targ by 11.11% to $80.00 on 2020-07-31. On 2020-05-01 Wells Fargo & Company reiterated their rating of Buy and provided a price target boost 5.26% to $60.00 from $57.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
ASGN	6.76	28.89	-3.69	0.45	-12.12

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2023-02-01)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
ASGN	1.05	0.00

Short interest for ASGNrporated

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
ASGN	2.32	%1.7	3.2	-9.834	807100

How ASGNrporated compares to the broader Industrials sector and the more specific Employment Services industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Employment Services Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	16	1.67	0.99	-8.69	-8.75	-12.19	-24.96	21.38	-14.53	-12.79	-11.43	-26859.53	-2609.98	0.00	25.00	2.95	38.96
Industrials Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	415	2.19	1.33	-4.98	5.85	5.81	-6.33	26.52	22.61	12.94	14.14	-12781.09	-6523.81	0.72	9.76	3.72	19.77

Social Sentiment for ASGNrporated

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
ASGN	1.00

Companies with the highest correlation to ASGNrporated

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Short Interest Score
KFY \| Korn Ferry	1.45	1.38	-1.25	-9.05	1.83	1.81	-21.79	31	2.32	2.67	7.04	-24673.43	-924.89	1.79549
TEL \| TE CONNECTIVITY LTD	1.32	0.68	1.20	-1.03	9.80	3.12	-4.99	30	8.81	7.38	12.66	-2508.87	-1969.42	1.64307
FWRD \| Forward Air Corp	1.24	0.35	0.26	0.87	-0.10	12.62	0.17	46	6.42	8.31	16.12	-2887.81	-355.46	2.53785
ITT \| ITT Inc.	1.23	2.77	5.02	-7.54	5.63	19.04	4.25	15	47.63	38.34	41.49	-2276.12	168.01	1.2789
WCC \| Wesco International Inc.	1.22	4.12	2.05	-8.81	22.12	15.08	12.62	18	45.76	43.20	53.48	-2060.39	-12481.48	2.12
FELE \| Franklin Electric Co Inc	1.22	1.28	2.81	-4.07	16.40	7.71	7.61	24	25.63	24.78	36.88	-2168.70	-9483.01	4.07788
ARW \| Arrow Electronics, Inc.	1.19	0.85	3.22	-0.81	14.80	22.96	-6.57	34	9.68	9.05	22.25	-2933.22	-4282.66	3.19939
HEES \| H&E Equipment Services, I	1.18	4.64	-0.87	-10.05	0.41	42.54	2.02	12	89.66	52.78	48.64	-1482.28	-9924.09	2.99577

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