Spherion (SFN) Bullish Technical Alert - Trend Up 42.8%

Spherion (NYSE:SFN) is trading 2.3% higher (up $0.14 to $6.14) today on volume of 82,042 shares. The stock is trading near its 52-week high of $6.44. We are watching for a close above that level.

Spherion is currently above its 50-day moving average of $5.10 and above its 200-day moving average of $3.22.

SmarTrend is bullish on shares of SFN and our subscribers received an Uptrend alert on July 17, 2009 at $4.30, which has returned 42.8% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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