US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

BEN 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $33.73 and stabilize above resistance $35.34.

Invalidation Trigger

Break above $35.34 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 37.6, MACD -0.128

12h
Volatility EnvironmentRange
Low volatility

ATR is $0.6768 (2.07%)

12h

EMA Structure

Bearish
EMA 8$33.37Bearish
EMA 21$33.73Bearish
EMA 50$33.79Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.6 · MACD -0.128

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6768 · BB 8.28%

Low volatility

Strength
Range
Volume
MFI 53.2 · OBV -5.03%

Relative to 20-period average volume

Strength
Range
Price Levels
$32.07 - $35.34

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.06% · 4.9 ATR above latest close

$36.01
Nearest resistance

+7.99% · 3.9 ATR above · 34-bar high

$35.34
Current price

Price shown is delayed

$32.72
Nearest support

-2% · 1.0 ATR below · 34-bar low

$32.07
Deeper support zone

-4.07% · 2.0 ATR below latest close

$31.39
ATR zone

Latest close ± ATR14

$32.04 - $33.4

Indicators

Trend

Dow Theory Structure

Confirmation $32.89, invalidation $35.14

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

Trend strength is moderate

17.7 / 28.4 / 35.0Bearish
Supertrend (10,3)

Price is above Supertrend

$30.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.6 / $34.17Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

Low volatility

$0.6768 (2.07%)Range
Bollinger Bands (20,2)

Width 8.28%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.88 / $32.55Range
ATR channel lower / upper

Current Volatility Envelope

$32.04 / $33.4Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$35.34Range
Support

Nearest Downside Decision Level

$32.07Range

Momentum

RSI (14)

Momentum is weak

37.6Bearish
MACD (12,26,9)

Histogram is negative

-0.128Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.3 / 21.9Bearish
Williams %R (14)

Neutral zone

-78.7Range
CCI (20)

Weak expansion

-117.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.2Range
OBV slope

20-period OBV slope

-5.03%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Trend

Dow Theory Structure

Confirmation $32.89, invalidation $35.14

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

Trend strength is moderate

17.7 / 28.4 / 35.0Bearish
Supertrend (10,3)

Price is above Supertrend

$30.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.6 / $34.17Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Momentum is weak

37.6Bearish
MACD (12,26,9)

Histogram is negative

-0.128Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.3 / 21.9Bearish
Williams %R (14)

Neutral zone

-78.7Range
CCI (20)

Weak expansion

-117.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$0.6768 (2.07%)Range
Bollinger Bands (20,2)

Width 8.28%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.88 / $32.55Range
ATR channel lower / upper

Current Volatility Envelope

$32.04 / $33.4Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.2Range
OBV slope

20-period OBV slope

-5.03%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$35.34Range
Support

Nearest Downside Decision Level

$32.07Range

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