USA - New York Stock Exchange - NYSE:BEN - US3546131018 - Common Stock
Overall BEN gets a technical rating of 8 out of 10. BEN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although BEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
21.09
6 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The short term trend for BEN is up. |
| ChartMill Relative Strength | 81.4 | POSITIVE | BEN has a high relative strength, it outperformed 81.4% 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) | 69.53 | NEUTRAL | The RSI value for BEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BEN has a positive trend. |
| Stochastics (14,3) | 85.23 | OVERBOUGHT | The high Stochastics value suggests BEN may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for BEN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.25 | POSITIVE | The high ADX value value for BEN suggests a strong trend. |
25.15
+0.03 (+0.12%)
ChartMill assigns a technical rating of 8 / 10 to BEN.
The current trend direction for FRANKLIN RESOURCES INC (BEN) is Bullish.
FRANKLIN RESOURCES INC (BEN) has an RSI value of 69.5309. This indicates that the stock is currently neutral.
The short term momentum for FRANKLIN RESOURCES INC (BEN) is positive.
FRANKLIN RESOURCES INC (BEN) has a support level at 25.03 and a resistance level at 25.66. Check the full technical report for our detailed analysis of BEN support and resistance levels.