FRANKLIN RESOURCES INC (BEN) Stock Technical Analysis
NYSE:BEN - New York Stock Exchange, Inc. - US3546131018 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to BEN. Although BEN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month BEN has a been trading in the 18.16 - 22.41 range, which is quite wide. It is currently trading near the high of this range.
BEN has an average volume of 4965140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BEN outperforms 48% of them, which is more or less in line with the market.
BEN is part of the Capital Markets industry. There are 230 other stocks in this industry, BEN did better than 53% of them.
BEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BEN is lagging the market slightly.
BEN has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.89
22.99
When analyzing the support we notice one important area.
- A support zone ranging from 20.09 to 20.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.24 to 22.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.76 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.22
Mansfield0.08
10 Day High22.42
10 Day Low20.59
20 Day High22.42
20 Day Low18.17
52 Week High24.37
52 Week Low16.25
Performance
1 Week-1.82%
2 Weeks5.62%
1 Month17.51%
3 Month5.26%
6 Month-1.59%
12 Month-7.37%
2 Year-10%
3 Year-20.2%
5 Year14.52%
10 Year-57.55%
15 Year-33.91%
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)0.14
RSI(14)64.56
LBB19.6
UBB23
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.39 | 20.58 | 1.81 (8.08%) | 12.37% |
| An entry @22.39. This is a Buy Stop order right above the resistance zone. | An exit @20.58. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.81 points, which is 8.08%. | When investing 12.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.61
-0.56 (-2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.53%
1 Week-1.82%
2 Weeks5.62%
1 Month17.51%
3 Month5.26%
6 Month-1.59%
12 Month-7.37%
2 Year-10%
3 Year-20.2%
5 Year14.52%
10 Year-57.55%
15 Year-33.91%
Volatility
ATR(14)0.54
ATR(20)%2.32%
ATR Inc-32.67%
Range Today0.46
ADR(20)0.45
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.22
Mansfield0.08
10 Day High22.42
10 Day Low20.59
20 Day High22.42
20 Day Low18.17
52 Week High24.37
52 Week Low16.25
CS1 End20.19
CR1 Start22.24
Volume & EV
DER(3)3.43%
DER(5)1.29%
Volume3.63M
Volume Incr-24.42%
Vol(5)3.74M
Vol(50)4.97M