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Archive
- 5/23/2025 -
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Franklin Resources (BEN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Franklin Resources (BEN). During the week, the BEN dropped -0.87 points, or -3.89%, and closed at 21.51 on Friday, May 23, 2025. Weekly volume was -11% below 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 16.25 on April 9, 2025. BEN lost 18.12 points, or 52.72%, in 113 weeks. The price is now at the 29.03% retracement level.
 Medium-term trend: [See BEN medium-term trend chart]
A medium-term downtrend had started on December 4, 2024 at 23.27 and reached 16.25 on April 9, 2025. BEN lost 7.02 points, or 30.17%, in 18 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (21.19). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See BEN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 2, 2025. The distance between MACD and the signal line is relatively high and getting bigger. 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 April 9, 2025 at 16.25 and reached 22.42 on May 16, 2025. BEN gained -6.17 points, or -37.97%, in 37 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 20.30 and resistance is at 23.33. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
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 declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 Lane's Stochastic help.
The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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.
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