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S&P 500 Oversold StocksArchive
- 4/17/2026 -
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Franklin Resources (BEN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third positive week after 5 consecutive negative weeks for the Franklin Resources (BEN). During the week, the BEN gained 2.36 points, or 9.47%, and closed at 27.27 on Friday, April 17, 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 24.22 and resistance is at 29.13. 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 81.71% retracement level.
 Weekly Technical Indicators: [See BEN weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help.
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 27.50 on April 17, 2026. BEN gained -4.92 points, or -21.79%, in 21 days. Price is near the trend high.
 Daily Technical Indicators: [See BEN daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Relative Strength Index and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Relative Strength Index and Lane's Stochastic. Use the following link to access Relative Strength Index 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. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance 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.
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