US stock / ETF

Franklin Resources, Inc.

BEN · NYSE · USD

4 hoursBullish63%
4h Upside probability 63%Bullish

BEN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Hold above $31.56 and reclaim $33.28.

Invalidation Trigger

Lose $31.56 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 48.5, MACD 0.014

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3929 (1.21%)

4h

EMA Structure

Range
EMA 8$32.72Bearish
EMA 21$32.68Bearish
EMA 50$32.81Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.5 · MACD 0.014

Neutral zone

Strength
Bearish
Volatility
ATR $0.3929 · BB 4.48%

Low volatility

Strength
Bullish
Volume
MFI 44.8 · OBV 10.61%

Relative to 20-period average volume

Strength
Range
Price Levels
$31.56 - $33.28

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.29% · 2.7 ATR above latest close

$33.67
Nearest resistance

+2.09% · 1.7 ATR above · 34-bar high

$33.28
Current price

Price shown is delayed

$32.6
Nearest support

-3.21% · 2.7 ATR below · 34-bar low

$31.56
Deeper support zone

-4.41% · 3.7 ATR below latest close

$31.16
ATR zone

Latest close ± ATR14

$32.21 - $32.99

Indicators

Trend

Dow Theory Structure

Confirmation $33.08, invalidation $32.42

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

Trend strength is active

32.4 / 27.6 / 15.3Bullish
Supertrend (10,3)

Price is above Supertrend

$31.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.63 / $32.67Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

Low volatility

$0.3929 (1.21%)Bullish
Bollinger Bands (20,2)

Width 4.48%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$33.39 / $31.98Bullish
ATR channel lower / upper

Current Volatility Envelope

$32.21 / $32.99Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$33.28Range
Support

Nearest Downside Decision Level

$31.56Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

0.014Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.0 / 59.4Bearish
Williams %R (14)

Neutral zone

-50.0Range
CCI (20)

Balanced zone

-5.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

10.61%Bullish
Volume ratio

Relative to 20-period average volume

1.58xBullish

Trend

Dow Theory Structure

Confirmation $33.08, invalidation $32.42

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

Trend strength is active

32.4 / 27.6 / 15.3Bullish
Supertrend (10,3)

Price is above Supertrend

$31.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.63 / $32.67Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

0.014Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.0 / 59.4Bearish
Williams %R (14)

Neutral zone

-50.0Range
CCI (20)

Balanced zone

-5.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.3929 (1.21%)Bullish
Bollinger Bands (20,2)

Width 4.48%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$33.39 / $31.98Bullish
ATR channel lower / upper

Current Volatility Envelope

$32.21 / $32.99Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

10.61%Bullish
Volume ratio

Relative to 20-period average volume

1.58xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$33.28Range
Support

Nearest Downside Decision Level

$31.56Range

Related Forecasts