Franklin Resources Technical Analysis (NYSE:BEN)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Franklin Resources stock price data and volume are plotted in BEN stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Franklin Resources. The technical analysis form of Franklin Resources stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Franklin Resources Moving Average
Moving averages show the BEN stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $32.67 is above the last closing price of $32.25 and the 50 day moving average of $32.77 is above the last closing price of $32.25. The 10 and 20 day periods can predict short term moving average trends.
Franklin Resources Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the BEN stock. The stock price is trading between the average and the lower band in the context of Franklin Resources bollinger bands.
Franklin Resources Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Franklin Resources MACD indicator can be used to identify bullish and bearish trends for the stock.
Franklin Resources Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 46.54 is the RSI value of BEN stock.