US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

4 hoursBearish80%
4h Downside probability 80%Bearish

BEN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $33.38 and stabilize above resistance $35.14.

Invalidation Trigger

Break above $35.14 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.8, MACD -0.086

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3611 (1.1%)

4h

EMA Structure

Bearish
EMA 8$32.99Bearish
EMA 21$33.38Bearish
EMA 50$33.73Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.8 · MACD -0.086

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3611 · BB 5.78%

Low volatility

Strength
Bullish
Volume
MFI 43.3 · OBV -0.26%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$32.07 - $35.14

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.5% · 7.7 ATR above latest close

$35.5
Nearest resistance

+7.4% · 6.7 ATR above · 34-bar high

$35.14
Current price

Price shown is delayed

$32.72
Nearest support

-2% · 1.8 ATR below · 34-bar low

$32.07
Deeper support zone

-3.11% · 2.8 ATR below latest close

$31.7
ATR zone

Latest close ± ATR14

$32.36 - $33.08

Indicators

Trend

Dow Theory Structure

Confirmation $33.38, invalidation $32.97

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

44.7 / 2.6 / 49.6Bearish
Supertrend (10,3)

Price is above Supertrend

$31.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.14 / $33.7Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

Low volatility

$0.3611 (1.1%)Bullish
Bollinger Bands (20,2)

Width 5.78%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.15 / $32.57Bullish
ATR channel lower / upper

Current Volatility Envelope

$32.36 / $33.08Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$35.14Range
Support

Nearest Downside Decision Level

$32.07Range

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.086Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.5 / 21.8Bullish
Williams %R (14)

Neutral zone

-65.5Range
CCI (20)

Weak expansion

-143.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.3Bearish
OBV slope

20-period OBV slope

-0.26%Bearish
Volume ratio

Relative to 20-period average volume

1.63xBullish

Trend

Dow Theory Structure

Confirmation $33.38, invalidation $32.97

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

44.7 / 2.6 / 49.6Bearish
Supertrend (10,3)

Price is above Supertrend

$31.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.14 / $33.7Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.086Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.5 / 21.8Bullish
Williams %R (14)

Neutral zone

-65.5Range
CCI (20)

Weak expansion

-143.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.3611 (1.1%)Bullish
Bollinger Bands (20,2)

Width 5.78%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.15 / $32.57Bullish
ATR channel lower / upper

Current Volatility Envelope

$32.36 / $33.08Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.3Bearish
OBV slope

20-period OBV slope

-0.26%Bearish
Volume ratio

Relative to 20-period average volume

1.63xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$35.14Range
Support

Nearest Downside Decision Level

$32.07Range

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