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Archive - 4/4/2025 - Sign In to see current Signals. |
Franklin Resources (BEN) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Franklin Resources (BEN). During the week, the BEN dropped -1.77 points, or -9.18%, and closed at 17.51 on Friday, April 4, 2025. It was the worst weekly loss since February 7, 2025. Weekly volume was 62% above average.
Long-term trend: [See BEN long-term trend chart] A long-term downtrend had started on February 2, 2023 at 34.37 and reached 17.19 on April 4, 2025. BEN lost 17.18 points, or 49.99%, in 113 weeks. Price is near the trend low.
Medium-term trend: [See BEN medium-term trend chart] A medium-term downtrend had started on January 31, 2025 at 22.59 and reached 17.19 on April 4, 2025. BEN lost 5.40 points, or 23.90%, in 9 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (18.33) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See BEN weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See BEN short-term trend chart] A short-term downtrend had started on March 19, 2025 at 20.23 and reached 17.19 on April 4, 2025. BEN lost 3.04 points, or 15.03%, in 16 days. The price is now at the 10.53% retracement level.
Daily Technical Indicators: [See BEN daily technical indicators chart] Daily Relative Strength Index and Williams' Percentage Range are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index and Williams' Percentage Range. Use the following link to access Relative Strength Index help. The daily MACD line is below its signal line since March 27, 2025. This is an indication that the short-term trend is down. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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