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Downtrend Call Working As Kelly Services Stock Falls 23.9% (KELYA)
Jul 24, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for Kelly Services (NASDAQ:KELYA) on February 3rd, 2012 at $15.26. In approximately 6 months, Kelly Services has returned 23.85% as of today's recent price of $11.62.
Kelly Services share prices have moved between a 52-week high of $22.99 and a 52-week low of $10.77 and are now trading 8% above that low price at $11.63 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.
Kelly Services, Inc. provides staffing services to a diversified group of customers through offices located in North America, Europe, and the Pacific Rim. The Company provides employees in office services, engineering, finance, information technology, legal, scientific, marketing, light industrial, education, health, and home care.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Kelly Services.
Log in and add Kelly Services (KELYA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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