FRANKLIN RESOURCES INC (BEN) Technical Analysis
NYSE:BEN • US3546131018
Current stock price
BEN Technical Rating and Analysis
Overall BEN gets a technical rating of 1 out of 10. BEN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month BEN has a been trading in the 22.57 - 27.42 range, which is quite wide. It is currently trading near the lows of this range.
- BEN is part of the Capital Markets industry. There are 239 other stocks in this industry. BEN outperforms 81% of them.
- BEN has an average volume of 5819790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, BEN turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- 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 Weekly and Daily overview Charts
BEN Setup Rating and Analysis
The technical rating of BEN is bad and it also does not present a quality setup 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
BEN Support and Resistance Analysis
21.46
We found 1 important support area.
- Support @21.68 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.62 to 24.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BEN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BEN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BEN is down. |
| ChartMill Relative Strength | 67.11 | NEUTRAL | BEN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BEN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BEN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.61 | NEUTRAL | The RSI value for BEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BEN has a negative trend. |
| Stochastics (14,3) | 13.05 | OVERSOLD | The low Stochastics value suggests BEN may be oversold. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for BEN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.56 | POSITIVE | The high ADX value value for BEN suggests a strong trend. |
BEN Chart- and CandleStick Pattern Analysis
BEN Technicals: Chart, Performance Metrics, Trend & Indicators
22.75
-0.84 (-3.56%)
FRANKLIN RESOURCES INC / BEN TA FAQ
What is the ChartMill technical rating of FRANKLIN RESOURCES INC (BEN) stock?
ChartMill assigns a technical rating of 1 / 10 to BEN.
What is the trend direction for BEN stock?
The current trend direction for FRANKLIN RESOURCES INC (BEN) is Bearish.
What is the RSI signal for FRANKLIN RESOURCES INC (BEN) stock?
FRANKLIN RESOURCES INC (BEN) has an RSI value of 31.607. This indicates that the stock is currently neutral.
What is the short term momentum for FRANKLIN RESOURCES INC (BEN) stock?
The short term momentum for FRANKLIN RESOURCES INC (BEN) is negative.
Can you provide the support and resistance levels for FRANKLIN RESOURCES INC?
FRANKLIN RESOURCES INC (BEN) has a support level at 21.68 and a resistance level at 24.62. Check the full technical report for our detailed analysis of BEN support and resistance levels.