|
|
S&P 500 Oversold StocksArchive - 3/6/2026 - Sign In to see current Signals. |
Franklin Resources (BEN) Technical Analysis
|
 |
| 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 -0.30 points, or -1.13%, and closed at 26.24 on Friday, March 6, 2026. Weekly volume was 23% 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 28.32 on February 11, 2026. BEN gained -7.21 points, or -34.15%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (26.96) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BEN may retest the broken support line. It is considered to be a resistance line now. 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 long-term trend.
Medium-term trend: [See BEN medium-term trend chart] A medium-term downtrend had started on February 11, 2026 at 28.32 and reached 25.81 on March 3, 2026. BEN lost 2.51 points, or 8.86%, in 2 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 25.58 and resistance is at 27.20. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See BEN weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 weekly MACD line is above its signal line since December 26, 2025. 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 5, 2026 at 27.42 and reached 25.84 on March 6, 2026. BEN lost 1.58 points, or 5.76%, in 1 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See BEN daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since February 12, 2026. This is an indication that the short-term trend is down. 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. Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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.
| |
|
|