US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

12 hoursBearish61%
12h Downside probability 61%Bearish

BEN 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $33.43 and stabilize above resistance $34.92.

Invalidation Trigger

Break above $34.92 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 42.9, MACD -0.154

12h
Volatility EnvironmentRange
Medium volatility

ATR is $0.8717 (2.67%)

12h

EMA Structure

Bullish
EMA 8$33.46Bearish
EMA 21$33.43Bearish
EMA 50$32.66Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.9 · MACD -0.154

Momentum is weak

Strength
Bearish
Volatility
ATR $0.8717 · BB 6.70%

Medium volatility

Strength
Range
Volume
MFI 58.1 · OBV 2.90%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$31.84 - $34.92

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.69% · 3.6 ATR above latest close

$35.79
Nearest resistance

+7.02% · 2.6 ATR above · 34-bar high

$34.92
Current price

Price shown is delayed

$32.63
Nearest support

-2.42% · 0.9 ATR below · 34-bar low

$31.84
Deeper support zone

-5.09% · 1.9 ATR below latest close

$30.97
ATR zone

Latest close ± ATR14

$31.76 - $33.5

Indicators

Trend

Dow Theory Structure

Confirmation $32.31, invalidation $34.04

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

Trend strength is active

26.6 / 21.5 / 29.7Bearish
Supertrend (10,3)

Price is above Supertrend

$29.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.4 / $32.32Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Medium volatility

$0.8717 (2.67%)Range
Bollinger Bands (20,2)

Width 6.70%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$35.31 / $31.58Range
ATR channel lower / upper

Current Volatility Envelope

$31.76 / $33.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$34.92Range
Support

Nearest Downside Decision Level

$31.84Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-0.154Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.5 / 47.0Bearish
Williams %R (14)

Oversold zone

-82.5Bullish
CCI (20)

Weak expansion

-126.4Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.1Bullish
OBV slope

20-period OBV slope

2.90%Bullish
Volume ratio

Relative to 20-period average volume

1.19xBullish

Trend

Dow Theory Structure

Confirmation $32.31, invalidation $34.04

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

Trend strength is active

26.6 / 21.5 / 29.7Bearish
Supertrend (10,3)

Price is above Supertrend

$29.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.4 / $32.32Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-0.154Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.5 / 47.0Bearish
Williams %R (14)

Oversold zone

-82.5Bullish
CCI (20)

Weak expansion

-126.4Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$0.8717 (2.67%)Range
Bollinger Bands (20,2)

Width 6.70%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$35.31 / $31.58Range
ATR channel lower / upper

Current Volatility Envelope

$31.76 / $33.5Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.1Bullish
OBV slope

20-period OBV slope

2.90%Bullish
Volume ratio

Relative to 20-period average volume

1.19xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$34.92Range
Support

Nearest Downside Decision Level

$31.84Range

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