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S&P 500 Oversold StocksArchive
- 10/23/2026 -
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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 after 3 consecutive negative weeks for the Franklin Resources (BEN). During the week, the BEN climbed 0.08 points, or 0.26%, and closed at 31.06 on Friday, October 23, 2026. It was the best weekly gain since August 28, 2026. Weekly volume was -31% below average.
 Long-term trend: [See BEN long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 16.25 and reached 36.28 on August 5, 2026. BEN gained -20.03 points, or -123.26%, in 69 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 28.29 and resistance is at 38.61. 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 30.09 on October 15, 2026. BEN lost 6.19 points, or 17.06%, in 10 weeks. The price is now at the 15.67% retracement level.
 Weekly Technical Indicators: [See BEN weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since August 28, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 October 15, 2026 at 30.09 and reached 31.93 on October 22, 2026. BEN gained -1.84 points, or -6.11%, in 7 days. The price is now at the 47.28% retracement level.
 Daily Technical Indicators: [See BEN daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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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