ASGN INC. - Daily - Technical analysis published on 10/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 60.58 USD
My targets
59.02 USD (-0.32%)
56.41 USD (-4.73%)
My analysis
ASGN INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 60.58 USD. The next support located at 59.02 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 56.41 USD. Below this support, sellers could then target 53.15 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ASGN INC. rating 59.21 USD. The price registered an increase of +2.10% on the session with the lowest point at 58.94 USD and the highest point at 60.48 USD. The deviation from the price is +0.46% for the low point and -2.10% for the high point.58.94
60.48
59.21
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ASGN INC. indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 53.15 | 56.41 | 59.02 | 59.21 | 60.58 | 64.30 | 66.63 |
| Change (%) | -10.23% | -4.73% | -0.32% | - | +2.31% | +8.60% | +12.53% |
| Change | -6.06 | -2.80 | -0.19 | - | +1.37 | +5.09 | +7.42 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.84 | 57.34 | 57.67 | 58.17 | 58.50 | 59.00 | 59.33 |
| Camarilla | 57.76 | 57.84 | 57.91 | 57.99 | 58.07 | 58.14 | 58.22 |
| Woodie | 56.75 | 57.30 | 57.58 | 58.13 | 58.41 | 58.96 | 59.24 |
| Fibonacci | 57.34 | 57.66 | 57.86 | 58.17 | 58.49 | 58.69 | 59.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.57 | 53.27 | 56.28 | 59.98 | 62.99 | 66.69 | 69.70 |
| Camarilla | 57.44 | 58.05 | 58.67 | 59.28 | 59.90 | 60.51 | 61.13 |
| Woodie | 49.22 | 53.10 | 55.93 | 59.81 | 62.64 | 66.52 | 69.35 |
| Fibonacci | 53.27 | 55.84 | 57.42 | 59.98 | 62.55 | 64.13 | 66.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.95 | 56.63 | 59.75 | 63.43 | 66.54 | 70.22 | 73.34 |
| Camarilla | 60.99 | 61.61 | 62.24 | 62.86 | 63.48 | 64.11 | 64.73 |
| Woodie | 52.67 | 56.49 | 59.46 | 63.28 | 66.26 | 70.08 | 73.05 |
| Fibonacci | 56.63 | 59.23 | 60.83 | 63.43 | 66.02 | 67.62 | 70.22 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 43.16 | |
| MACD (12,26,9): | -1.2900 | |
| Directional Movement: | -8.67 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 59.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 56.98 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 62.84 | |
| Zig ZAG (10): | 59.21 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 19.15 | |
| TEMA (21): | 57.77 | |
| Williams %R (14): | -68.90 | |
| Chande Momentum Oscillator (20): | -4.29 | |
| Repulse (5,40,3): | -2.4900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 17.07 |
| MA7: | 58.46 | |
| MA20: | 61.44 | |
| MA50: | 61.79 | |
| MA100: | 59.87 | |
| MAexp7: | 58.85 | |
| MAexp20: | 60.51 | |
| MAexp50: | 61.26 | |
| MAexp100: | 61.21 | |
| Price / MA7: | +1.28% | |
| Price / MA20: | -3.63% | |
| Price / MA50: | -4.18% | |
| Price / MA100: | -1.10% | |
| Price / MAexp7: | +0.61% | |
| Price / MAexp20: | -2.15% | |
| Price / MAexp50: | -3.35% | |
| Price / MAexp100: | -3.27% |
News
The last news published on ASGN INC. at the time of the generation of this analysis was as follows:
- ASGN Schedules Third Quarter 2019 Earnings Release and Conference Call
- ASGN Incorporated Reports Fourth Quarter and Full Year 2018 Results
- On Assignment, Inc. to Host Earnings Call
- On Assignment, Inc. to Host Earnings Call
- Investor Network: On Assignment, Inc. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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