June 26, 2025 a 04:03 am
BEN: Trend and Support & Resistance Analysis - Franklin Resources, Inc.
Franklin Resources, Inc., trading under the ticker BEN, is showing signs of a potential bullish reversal after a period of consolidation. With its diverse range of managed assets and strong market presence, the company holds a resilient position in the asset management industry. However, recent market fluctuations necessitate careful monitoring of technical indicators to assess the sustainability of the emerging trend.
Trend Analysis
| Date | Close Price | Trend |
|---|---|---|
| 2025-06-25 | $23.21 | ▲ |
| 2025-06-24 | $23.23 | ▲ |
| 2025-06-23 | $22.89 | ▲ |
| 2025-06-20 | $22.79 | ▲ |
| 2025-06-18 | $22.59 | ▲ |
| 2025-06-17 | $22.35 | ▲ |
| 2025-06-16 | $22.78 | ▲ |
The current analysis shows an emerging ▲ upward trend. The EMA20 has recently crossed above the EMA50, signaling a bullish trend. This trend is further confirmed by consistent price increases over the last week.
Support and Resistance
| Level Type | From | To |
|---|---|---|
| Resistance ▲ | $23.50 | $23.70 |
| Resistance ▲ | $22.90 | $23.10 |
| Support ▼ | $22.00 | $22.20 |
| Support ▼ | $21.60 | $21.80 |
The current price is approaching the upper resistance zone. If the stock successfully breaks through, it could signal a strong continuation of the upward trend. Monitoring how the price reacts near these levels will be critical for assessing potential market direction.
Conclusion
Franklin Resources, Inc. is currently exhibiting indicators of a bullish trend, as signaled by the EMA crossover and price movement analysis. However, proximity to resistance zones suggests potential for either a breakout or consolidation. Investors should weigh these technical signals with market conditions and fundamental analysis to assess potential opportunities and risks.