US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

BEN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $31.25 and stabilize above resistance $31.91.

Invalidation Trigger

Break above $31.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 44.4, MACD -0.014

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3567 (1.15%)

4h

EMA Structure

Bearish
EMA 8$31.2Bearish
EMA 21$31.25Bearish
EMA 50$31.49Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.4 · MACD -0.014

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3567 · BB 3.27%

Low volatility

Strength
Bullish
Volume
MFI 38.3 · OBV -28.38%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$30.1 - $31.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.12% · 3.6 ATR above latest close

$32.27
Nearest resistance

+2.97% · 2.6 ATR above · 34-bar high

$31.91
Current price

Price shown is delayed

$30.99
Nearest support

-2.87% · 2.5 ATR below · 34-bar low

$30.1
Deeper support zone

-4.02% · 3.5 ATR below latest close

$29.74
ATR zone

Latest close ± ATR14

$30.63 - $31.35

Indicators

Trend

Dow Theory Structure

Confirmation $30.88, invalidation $31.55

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

Trend strength is moderate

20.8 / 25.8 / 29.9Bearish
Supertrend (10,3)

Price is above Supertrend

$29.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.22 / $31.59Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Volatility

ATR (14)

Low volatility

$0.3567 (1.15%)Bullish
Bollinger Bands (20,2)

Width 3.27%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$31.96 / $30.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$30.63 / $31.35Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$31.91Range
Support

Nearest Downside Decision Level

$30.1Range

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-0.014Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.1 / 27.9Bearish
Williams %R (14)

Oversold zone

-88.9Bullish
CCI (20)

Balanced zone

-80.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.3Bearish
OBV slope

20-period OBV slope

-28.38%Bearish
Volume ratio

Relative to 20-period average volume

2.07xBullish

Trend

Dow Theory Structure

Confirmation $30.88, invalidation $31.55

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

Trend strength is moderate

20.8 / 25.8 / 29.9Bearish
Supertrend (10,3)

Price is above Supertrend

$29.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.22 / $31.59Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-0.014Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.1 / 27.9Bearish
Williams %R (14)

Oversold zone

-88.9Bullish
CCI (20)

Balanced zone

-80.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.3567 (1.15%)Bullish
Bollinger Bands (20,2)

Width 3.27%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$31.96 / $30.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$30.63 / $31.35Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.3Bearish
OBV slope

20-period OBV slope

-28.38%Bearish
Volume ratio

Relative to 20-period average volume

2.07xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$31.91Range
Support

Nearest Downside Decision Level

$30.1Range

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