FRANKLIN RESOURCES INC (BEN) Stock Technical Analysis
NYSE:BEN - US3546131018 - Common Stock
25.36 USD
-0.03 (-0.12%)
25.36 USD
0 (0%)
Overall BEN gets a technical rating of 8 out of 10. Both in the recent history as in the last year, BEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BEN is one of the better performing stocks in the market, outperforming 79% of all stocks.
BEN is one of the better performing stocks in the Capital Markets industry, it outperforms 72% of 238 stocks in the same industry.
BEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BEN has a been trading in the 22.84 - 26.07 range, which is quite wide. It is currently trading near the high of this range.
BEN has an average volume of 3903670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, BEN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
23.68
25.65
When analyzing the support we notice one important area.
- A support zone ranging from 23.92 to 24.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @25.40 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for BEN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEN is neutral. |
| ChartMill Relative Strength | 79.61 | POSITIVE | BEN has a high relative strength, it outperformed 79.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.41 | NEUTRAL | The RSI value for BEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.65 | NEUTRAL | The Stochastics value for BEN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for BEN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.29 | NEGATIVE | The low ADX value for BEN suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 25.41 | 24.33 | 1.08 (4.25%) | 23.53% |
| An entry @25.41. This is a Buy Stop order right above the resistance zone. | An exit @24.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.08 points, which is 4.25%. | For a 1.00% total portfolio risk, you can invest 23.53% of your capital in this trade. |
- 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.
25.36
-0.03 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.12%
1 Week0.24%
2 Weeks1.6%
1 Month2.3%
3 Month18.04%
6 Month23.67%
12 Month21.25%
2 Year-5.05%
3 Year-2.61%
5 Year20.56%
10 Year-37.43%
15 Year-21.08%
Volatility
ATR(14)0.47
ATR(20)%2.21%
ATR Inc-7.87%
Range Today0.25
ADR(20)0.54
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.61
Mansfield0.91
10 Day High26.08
10 Day Low24.34
20 Day High26.08
20 Day Low22.84
52 Week High26.08
52 Week Low16.25
CS1 End24.37
CR1 Start25.4
Volume & EV
DER(3)-4.09%
DER(5)-2.92%
Volume2.94M
Volume Incr-34.78%
Vol(5)2.72M
Vol(50)3.90M