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Asset Management & Custody Banks Industry Stocks Technical Analysis - BENArchive
- 1/17/2025 -
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Franklin Resources (BEN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Franklin Resources (BEN). During the week, the BEN gained 0.44 points, or 2.30%, and closed at 19.56 on Friday, January 17, 2025. It was the best weekly gain since November 29, 2024. Weekly volume was 10% above average.
BEN is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See BEN long-term trend chart]
A long-term downtrend had started on February 2, 2023 at 34.37 and reached 18.83 on January 13, 2025. BEN lost 15.54 points, or 45.21%, in 101 weeks. Price is near the trend low.
Medium-term trend: [See BEN medium-term trend chart]
A medium-term downtrend had started on December 4, 2024 at 23.27 and reached 18.83 on January 13, 2025. BEN lost 4.44 points, or 19.08%, in 5 weeks. The price is now at the 16.44% retracement level.
 Weekly Technical Indicators: [See BEN weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly 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 uptrend had started on January 13, 2025 at 18.83 and reached 19.98 on January 15, 2025. BEN gained -1.15 points, or -6.11%, in 2 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See BEN daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since December 5, 2024. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Financials |
10 |
| Industry |
Asset Management & Custody Banks |
92 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
18.83 |
| Low Date |
01/13/2025 |
| High |
19.98 |
| High Date |
01/15/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
18.83 |
| Low Date |
01/13/2025 |
| High |
19.98 |
| High Date |
01/15/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
23.27 |
| High Date |
12/04/2024 |
| Low |
18.83 |
| Low Date |
01/13/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
34.37 |
| High Date |
02/02/2023 |
| Low |
18.83 |
| Low Date |
01/13/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
38.27 |
| High Date |
11/02/2021 |
| Low |
18.83 |
| Low Date |
01/13/2025 |
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