US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

1 hourBearish59%
1h Downside probability 59%Bearish

BEN 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $34.94 and stabilize above resistance $35.34.

Invalidation Trigger

Break above $35.34 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 47.1, MACD -0.044

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.1413 (0.41%)

1h

EMA Structure

Bullish
EMA 8$34.96Bearish
EMA 21$34.94Bearish
EMA 50$34.74Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.1 · MACD -0.044

Neutral zone

Strength
Bearish
Volatility
ATR $0.1413 · BB 1.65%

Low volatility

Strength
Bullish
Volume
MFI 26.0 · OBV -4.02%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$34.1 - $35.34

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+1.88% · 4.6 ATR above latest close

$35.48
Nearest resistance

+1.48% · 3.6 ATR above · 34-bar high

$35.34
Current price

Price shown is delayed

$34.82
Nearest support

-2.07% · 5.1 ATR below · 34-bar low

$34.1
Deeper support zone

-2.47% · 6.1 ATR below latest close

$33.96
ATR zone

Latest close ± ATR14

$34.68 - $34.96

Indicators

Trend

Dow Theory Structure

Confirmation $35.34, invalidation $34.83

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

Trend strength is moderate

7.2 / 22.7 / 22.2Bullish
Supertrend (10,3)

Price is above Supertrend

$34.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35.01 / $34.65Bearish
Donchian Channel (20)

20-period breakout channel position

10%Range

Volatility

ATR (14)

Low volatility

$0.1413 (0.41%)Bullish
Bollinger Bands (20,2)

Width 1.65%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$35.28 / $34.62Bullish
ATR channel lower / upper

Current Volatility Envelope

$34.68 / $34.96Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$35.34Range
Support

Nearest Downside Decision Level

$34.1Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is negative

-0.044Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 5.3Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-118.0Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.0Bearish
OBV slope

20-period OBV slope

-4.02%Bearish
Volume ratio

Relative to 20-period average volume

3.93xBullish

Trend

Dow Theory Structure

Confirmation $35.34, invalidation $34.83

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

Trend strength is moderate

7.2 / 22.7 / 22.2Bullish
Supertrend (10,3)

Price is above Supertrend

$34.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35.01 / $34.65Bearish
Donchian Channel (20)

20-period breakout channel position

10%Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is negative

-0.044Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 5.3Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-118.0Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.1413 (0.41%)Bullish
Bollinger Bands (20,2)

Width 1.65%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$35.28 / $34.62Bullish
ATR channel lower / upper

Current Volatility Envelope

$34.68 / $34.96Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.0Bearish
OBV slope

20-period OBV slope

-4.02%Bearish
Volume ratio

Relative to 20-period average volume

3.93xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$35.34Range
Support

Nearest Downside Decision Level

$34.1Range

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