FRANKLIN RESOURCES INC (BEN)
US3546131018 - Common Stock
We assign a technical rating of 4 out of 10 to BEN. Recently some decent action could be observed, but in the medium term time frame this is still negative. BEN was also a bad performer in the overall market in the last year.
74% of all other stocks performed better in the past year than BEN.
BEN is one of the lesser performing stocks in the Capital Markets industry. 70% of 218 stocks in the same industry do better.
BEN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BEN has a been trading in the 19.23 - 22.00 range, which is quite wide. It is currently trading near the high of this range.
BEN has an average volume of 4214070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is only medium, BEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.69, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.94
26.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.55 to 21.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.64 to 20.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @20.09 from a horizontal line in the daily time frame.
- A support zone ranging from 19.13 to 19.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @22.77 from a trend line in the daily time frame.
- Resistance @26.31 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26
Mansfield-2.09
10 Day High21.93
10 Day Low20.91
20 Day High22
20 Day Low19.23
52 Week High30.32
52 Week Low18.95
Performance
1 Week0.65%
2 Weeks2.02%
1 Month7.37%
3 Month3.72%
6 Month-6.9%
12 Month-8.82%
2 Year-18.99%
3 Year-32.96%
5 Year-20.99%
10 Year-61.8%
15 Year-39.68%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)60.03
LBB20.56
UBB22.21
FRANKLIN RESOURCES INC
NYSE:BEN (11/22/2024, 10:19:07 AM)
21.895
+0.18 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.81%
1 Week0.65%
2 Weeks2.02%
1 Month7.37%
3 Month3.72%
6 Month-6.9%
12 Month-8.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.65
ATR(20)%2.7%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.93
10 Day Low20.91
20 Day High22
20 Day Low19.23
52 Week High30.32
52 Week Low18.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume241.85K
Volume Incr-19.99%
Vol(5)3.49M
Vol(50)4.21M