US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

12 hoursBearish75%
12h Downside probability 75%Bearish

BEN 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $32.81 and stabilize above resistance $34.96.

Invalidation Trigger

Break above $34.96 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 45.6, MACD 0.065

12h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4746 (1.46%)

12h

EMA Structure

Bearish
EMA 8$32.7Bearish
EMA 21$32.81Bearish
EMA 50$33.14Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.6 · MACD 0.065

Neutral zone

Strength
Bearish
Volatility
ATR $0.4746 · BB 3.85%

Low volatility

Strength
Bullish
Volume
MFI 44.9 · OBV -4.65%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$31.56 - $34.96

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.68% · 6.0 ATR above latest close

$35.43
Nearest resistance

+7.22% · 5.0 ATR above · 34-bar high

$34.96
Current price

Price shown is delayed

$32.6
Nearest support

-3.21% · 2.2 ATR below · 34-bar low

$31.56
Deeper support zone

-4.66% · 3.2 ATR below latest close

$31.08
ATR zone

Latest close ± ATR14

$32.13 - $33.07

Indicators

Trend

Dow Theory Structure

Confirmation $33.28, invalidation $32.42

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

32.5 / 29.3 / 38.9Bearish
Supertrend (10,3)

Price is above Supertrend

$31.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.55 / $33.45Bearish
Donchian Channel (20)

20-period breakout channel position

47%Bearish

Volatility

ATR (14)

Low volatility

$0.4746 (1.46%)Bullish
Bollinger Bands (20,2)

Width 3.85%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$33.75 / $31.84Bullish
ATR channel lower / upper

Current Volatility Envelope

$32.13 / $33.07Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$34.96Range
Support

Nearest Downside Decision Level

$31.56Range

Momentum

RSI (14)

Neutral zone

45.6Range
MACD (12,26,9)

Histogram is positive

0.065Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.6 / 72.2Bearish
Williams %R (14)

Neutral zone

-39.4Range
CCI (20)

Balanced zone

-3.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.9Bearish
OBV slope

20-period OBV slope

-4.65%Bearish
Volume ratio

Relative to 20-period average volume

1.89xBullish

Trend

Dow Theory Structure

Confirmation $33.28, invalidation $32.42

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

32.5 / 29.3 / 38.9Bearish
Supertrend (10,3)

Price is above Supertrend

$31.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.55 / $33.45Bearish
Donchian Channel (20)

20-period breakout channel position

47%Bearish

Momentum

RSI (14)

Neutral zone

45.6Range
MACD (12,26,9)

Histogram is positive

0.065Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.6 / 72.2Bearish
Williams %R (14)

Neutral zone

-39.4Range
CCI (20)

Balanced zone

-3.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.4746 (1.46%)Bullish
Bollinger Bands (20,2)

Width 3.85%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$33.75 / $31.84Bullish
ATR channel lower / upper

Current Volatility Envelope

$32.13 / $33.07Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.9Bearish
OBV slope

20-period OBV slope

-4.65%Bearish
Volume ratio

Relative to 20-period average volume

1.89xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$34.96Range
Support

Nearest Downside Decision Level

$31.56Range

Related Forecasts