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S&P 500 Oversold StocksArchive - 4/24/2026 - Sign In to see current Signals. |
Franklin Resources (BEN) Technical Analysis
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| 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 gave back -0.15 points, or -0.55%, and closed at 27.12 on Friday, April 24, 2026. BEN was trading at average weekly trading volume.
Long-term trend: [See BEN long-term trend chart] A long-term uptrend had started on April 9, 2025 at 16.25 and reached 28.32 on February 11, 2026. BEN gained -12.07 points, or -74.28%, in 44 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 24.37 and resistance is at 29.22. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern 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 22.58 on March 27, 2026. BEN lost 5.74 points, or 20.27%, in 6 weeks. The price is now at the 79.09% retracement level.
Weekly Technical Indicators: [See BEN weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 March 27, 2026 at 22.58 and reached 28.28 on April 21, 2026. BEN gained -5.70 points, or -25.24%, in 25 days. The price is now at the 20.35% retracement level.
Daily Technical Indicators: [See BEN daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. 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 1, 2026. This is an indication that the short-term trend is up. 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. The distance between the Bollinger Bands is 116.18% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Candlestick pattern: [See BEN candlestick chart pattern] On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.
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