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S&P 500 Oversold StocksArchive
- 9/25/2026 -
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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 climbed 0.01 points, or 0.03%, and closed at 33.02 on Friday, September 25, 2026. Weekly volume was 8% above average.
 Long-term trend: [See BEN long-term trend chart]
A long-term uptrend had started on November 20, 2025 at 21.11 and reached 36.28 on August 5, 2026. BEN gained -15.17 points, or -71.86%, in 36 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 24.71 and resistance is at 38.67. 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 long-term trend.
 Medium-term trend: [See BEN medium-term trend chart]
A medium-term downtrend had started on August 5, 2026 at 36.28 and reached 32.07 on September 16, 2026. BEN lost 4.21 points, or 11.60%, in 6 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 32.38 and resistance is at 34.33. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See BEN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since August 28, 2026. This is an indication that the medium-term trend is down. 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 September 4, 2026 at 35.10 and reached 32.07 on September 16, 2026. BEN lost 3.03 points, or 8.63%, in 12 days. The chart has formed a Descending Triangle chart pattern.
Daily Technical Indicators: [See BEN daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since August 31, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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