The Personnel Services sector ($JOB, $HSON, $IPDN, $STAF, $PIXY, $RCRT) experiences a surge of +8.99% in the span of a week.
The Personnel Services sector has experienced a significant increase of +8,99% in its performance over the past week.
Tickers in industry - $JOB, $HSON, $IPDN, $STAF, $PIXY, $RCRT
The Personnel Services sector has recently witnessed an impressive surge of +8.99% within just one week, setting the stage for potential gains in this dynamic market. A group of well-positioned tickers, including $JOB, $HSON, $IPDN, $STAF, $PIXY, and $RCRT, has been driving this growth trend. With a positive outlook supported by the Volume Indicator and Stock Fear & Greed Index, this sector is catching the attention of investors and analysts alike.
1. Gaining Momentum: Tickeron's Positive Forecast
Among these tickers, Tickeron's forecast stands out. The analytical platform predicts a further increase of more than 4.00% within the next month, attributing a likelihood of 27% to this projection. This bullish sentiment is reinforced by the past month's performance, where the ratio of advancing to declining volumes was an impressive 2.11 to 1. This indicates sustained investor interest and optimism.
2. Market Cap Insights: A Diverse Range
The average market capitalization of the tickers in this sector stands at $27.8 million. Spanning from $3.2 million to $60.4 million, these tickers exhibit diverse valuations. Notably, JOB claims the highest valuation at $60.4 million, while RCRT holds the lowest valuation at $3.2 million. This diversity showcases the range of opportunities within the sector.
3. Price Movements: A Mixed Bag
The recent surge in the sector is evident in the average weekly price growth of 8.99%. However, it's important to note the variability in monthly and quarterly price trends. Over the past month, the sector faced an average monthly price decrease of -5.07%, and an average quarterly decrease of -37.26%. Among the tickers, RCRT experienced the highest price growth at 34.79%, while PIXY faced a significant decline at -10.8%.
4. Notable Penny Stock Performances
Penny stocks within the sector have also made significant moves. GEE Group (JOB) and Staffing 360 Solutions (STAF) have emerged as top weekly gainers, rising by +25.65% and +22.87% respectively. Conversely, Professional Diversity Network (IPDN) faced a downward trend, falling by -15.14%. These notable movements further highlight the sector's dynamic nature.
5. Volume Insights: A Surge in Trading Activity
Trading activity has seen substantial growth, with the average weekly volume across the sector surging by 4878.27%. This upward trend continues in the monthly and quarterly averages, with growth rates of 6688.07% and 1174.99% respectively. Specific instances, such as GEE Group's record-breaking daily growth of 375% of the 65-Day Volume Moving Average, underscore heightened investor interest.
6. Individual Ticker Insights
IPDN: A recent downward trend has been observed in IPDN, with a 3.09% decline over three consecutive days on August 17, 2023. This trend, often seen as bearish, has a 90% likelihood of further decline in the following month. However, traders should note the current price of $2.82, which has crossed the support line at $2.88. This situation indicates a potential trading range between $2.88 support and $2.73 resistance lines.
JOB: Momentum for JOB turned positive on August 15, 2023, as indicated by the Momentum Indicator crossing above the 0 level. This suggests a potential new upward trend. Historical data supports this, as 98 out of 111 similar instances resulted in subsequent price increases. Traders should be aware of this potential move higher.
STAF: On August 07, 2023, STAF's 10-day Moving Average crossed above the 50-day moving average, signaling a shift to an upward trend. Historical data suggests that this pattern often leads to continued upward movement in the following month, with an 86% likelihood. Despite recent ups and downs, the current price of $0.90 is trading between support and resistance lines at $0.98 and $0.73 respectively.
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of executive search, specialty staffing and related consulting services
Industry PersonnelServices
HSON and
Correlation & Price change
A.I.dvisor tells us that HSON and MAN have been poorly correlated (+22% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that HSON and MAN's prices will move in lockstep.
| Ticker / NAME | Correlation To HSON | 1D Price Change % | ||
|---|---|---|---|---|
| HSON | 100% | -2.34% | ||
| MAN - HSON | 22% Poorly correlated | -2.41% | ||
| RHI - HSON | 20% Poorly correlated | -3.06% | ||
| BBSI - HSON | 20% Poorly correlated | -1.47% | ||
| KFY - HSON | 20% Poorly correlated | -1.25% | ||
| BZ - HSON | 16% Poorly correlated | -4.37% | ||
More | ||||