FRANKLIN RESOURCES INC (BEN) Technical Analysis
NYSE:BEN • US3546131018
Current stock price
24.91 USD
-0.13 (-0.52%)
At close:
24.91 USD
0 (0%)
After Hours:
BEN Technical Rating and Analysis
Overall BEN gets a technical rating of 5 out of 10. In the last year, BEN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- BEN is one of the better performing stocks in the Capital Markets industry, it outperforms 82% of 239 stocks in the same industry.
- BEN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BEN is lagging the market slightly.
- In the last month BEN has a been trading in the 22.57 - 25.36 range, which is quite wide. It is currently trading near the high of this range.
- BEN has an average volume of 5810240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that BEN is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BEN Weekly and Daily overview Charts
BEN Setup Rating and Analysis
Although the technical rating is only medium, BEN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
BEN Support and Resistance Analysis
21.46
28.44
When analyzing the support we can see 2 important areas.
- Support @22.91 from a trend line in the daily time frame.
- Support @21.68 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @28.16 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for BEN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEN is up. |
| ChartMill Relative Strength | 71.35 | POSITIVE | BEN has a high relative strength, it outperformed 71.35% 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) | DOWN | NEGATIVE | The current price of BEN is below a declining 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) | 54.44 | NEUTRAL | The RSI value for BEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests BEN has a positive trend. |
| Stochastics (14,3) | 88.29 | OVERBOUGHT | The high Stochastics value suggests BEN may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for BEN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.76 | NEUTRAL | The ADX value for BEN suggests a possible start of a new trend. |
BEN Chart- and CandleStick Pattern Analysis
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)
BEN Technicals: Chart, Performance Metrics, Trend & Indicators
24.91
-0.13 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.52%
1 Week6.45%
2 Weeks5.6%
1 Month4.8%
3 Month-2.92%
6 Month9.88%
12 Month39.16%
2 Year9.06%
3 Year-7.33%
5 Year-16.97%
10 Year-33.29%
15 Year-42.12%
Volatility
ATR(14)0.76
ATR(20)%2.98%
ATR Inc-31.62%
Range Today0.54
ADR(20)0.66
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.35
3 months CRS40.1
6 months CRS71.77
Mansfield-0.01
10 Day High25.36
10 Day Low22.58
20 Day High25.36
20 Day Low22.58
52 Week High28.32
52 Week Low17.17
CS1 End22.91
CR1 Start28.16
Volume & EV
DER(3)0.09%
DER(5)1.67%
Volume4.48M
Volume Incr-3.99%
Vol(5)4.92M
Vol(50)5.81M
FRANKLIN RESOURCES INC / BEN TA FAQ
What is the ChartMill technical rating of FRANKLIN RESOURCES INC (BEN) stock?
ChartMill assigns a technical rating of 5 / 10 to BEN.
Can you provide the trend direction for FRANKLIN RESOURCES INC?
The current trend direction for FRANKLIN RESOURCES INC (BEN) is Bearish.
Can you provide the RSI signal for FRANKLIN RESOURCES INC?
FRANKLIN RESOURCES INC (BEN) has an RSI value of 54.4439. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FRANKLIN RESOURCES INC?
The MACD indicator for FRANKLIN RESOURCES INC (BEN) has a value of 0.27261, indicating a bearish trend.