US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

BEN 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $32.95 and stabilize above resistance $35.39.

Invalidation Trigger

Break above $35.39 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 42.5, MACD -0.018

Daily
Volatility EnvironmentRange
Low volatility

ATR is $0.6891 (2.12%)

Daily

EMA Structure

Bearish
EMA 8$32.61Bearish
EMA 21$32.95Bearish
EMA 50$33.15Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.5 · MACD -0.018

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6891 · BB 5.41%

Low volatility

Strength
Range
Volume
MFI 31.0 · OBV -121.02%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$31.56 - $35.39

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.2% · 5.3 ATR above latest close

$36.07
Nearest resistance

+9.08% · 4.3 ATR above · 34-bar high

$35.39
Current price

Price shown is delayed

$32.44
Nearest support

-2.73% · 1.3 ATR below · 34-bar low

$31.56
Deeper support zone

-4.85% · 2.3 ATR below latest close

$30.87
ATR zone

Latest close ± ATR14

$31.75 - $33.13

Indicators

Trend

Dow Theory Structure

Confirmation $31.56, invalidation $33.27

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

43.1 / 18.9 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$30.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.87 / $33.92Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Volatility

ATR (14)

Low volatility

$0.6891 (2.12%)Range
Bollinger Bands (20,2)

Width 5.41%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.26 / $31.6Range
ATR channel lower / upper

Current Volatility Envelope

$31.75 / $33.13Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$35.39Range
Support

Nearest Downside Decision Level

$31.56Range

Momentum

RSI (14)

Momentum is weak

42.5Bearish
MACD (12,26,9)

Histogram is negative

-0.018Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.6 / 44.5Bearish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

-52.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.0Bearish
OBV slope

20-period OBV slope

-121.02%Bearish
Volume ratio

Relative to 20-period average volume

1.47xBullish

Trend

Dow Theory Structure

Confirmation $31.56, invalidation $33.27

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

43.1 / 18.9 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$30.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.87 / $33.92Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Momentum

RSI (14)

Momentum is weak

42.5Bearish
MACD (12,26,9)

Histogram is negative

-0.018Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.6 / 44.5Bearish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

-52.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.6891 (2.12%)Range
Bollinger Bands (20,2)

Width 5.41%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.26 / $31.6Range
ATR channel lower / upper

Current Volatility Envelope

$31.75 / $33.13Range

Volume / Money Flow

MFI (14)

Money flow is weak

31.0Bearish
OBV slope

20-period OBV slope

-121.02%Bearish
Volume ratio

Relative to 20-period average volume

1.47xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$35.39Range
Support

Nearest Downside Decision Level

$31.56Range

Related Forecasts