US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

4 hoursBearish78%
4h Downside probability 78%Bearish

BEN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $33.34 and stabilize above resistance $34.92.

Invalidation Trigger

Break above $34.92 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 41.5, MACD -0.091

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.5852 (1.79%)

4h

EMA Structure

Bearish
EMA 8$33.07Bearish
EMA 21$33.34Bearish
EMA 50$33.38Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.5 · MACD -0.091

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5852 · BB 5.59%

Low volatility

Strength
Range
Volume
MFI 59.5 · OBV 0.27%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$32.14 - $34.92

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.81% · 4.9 ATR above latest close

$35.51
Nearest resistance

+7.02% · 3.9 ATR above · 34-bar high

$34.92
Current price

Price shown is delayed

$32.63
Nearest support

-1.49% · 0.8 ATR below · 34-bar low

$32.14
Deeper support zone

-3.29% · 1.8 ATR below latest close

$31.56
ATR zone

Latest close ± ATR14

$32.04 - $33.22

Indicators

Trend

Dow Theory Structure

Confirmation $32.14, invalidation $34

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

Trend strength is moderate

17.9 / 20.4 / 30.4Bearish
Supertrend (10,3)

Price is above Supertrend

$30.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.18 / $33.53Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Low volatility

$0.5852 (1.79%)Range
Bollinger Bands (20,2)

Width 5.59%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.51 / $32.15Range
ATR channel lower / upper

Current Volatility Envelope

$32.04 / $33.22Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$34.92Range
Support

Nearest Downside Decision Level

$32.14Range

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-0.091Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.7 / 24.1Bullish
Williams %R (14)

Neutral zone

-74.3Range
CCI (20)

Weak expansion

-117.7Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.5Bullish
OBV slope

20-period OBV slope

0.27%Bullish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Trend

Dow Theory Structure

Confirmation $32.14, invalidation $34

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

Trend strength is moderate

17.9 / 20.4 / 30.4Bearish
Supertrend (10,3)

Price is above Supertrend

$30.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.18 / $33.53Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-0.091Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.7 / 24.1Bullish
Williams %R (14)

Neutral zone

-74.3Range
CCI (20)

Weak expansion

-117.7Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.5852 (1.79%)Range
Bollinger Bands (20,2)

Width 5.59%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.51 / $32.15Range
ATR channel lower / upper

Current Volatility Envelope

$32.04 / $33.22Range

Volume / Money Flow

MFI (14)

Money flow is strong

59.5Bullish
OBV slope

20-period OBV slope

0.27%Bullish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$34.92Range
Support

Nearest Downside Decision Level

$32.14Range

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