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Takip Edin: @UscMarketsBEN Stock Forecast & Franklin Resources Chart Analysis
This article provides a detailed analysis of BEN-Franklin Resources stock including a forecast for BEN shares. It features Franklin Resources, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
BEN Historical Data Review
BEN Current Price Performance Analysis
The Franklin Resources - BEN stock traded on the American stock market, on 06-05-2024, closed at 23.32$ with a %-0.55 decreased compared to the previous day.
In the last month, the price of BEN changed by %-0.43 decreased in value, from 23.42 dollars on 05-06-2024 to 23.32 dollars, decreased.
Last year, the price of BEN was 25.74 dollars on 06-06-2023, and changed by %-9.40 decreased in value, to 23.32 dollars decreased within a year.
The price of Franklin Resources stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
BEN with AI Stock Forecast & Price Target
On the BEN chart Franklin Resources price was recorded as 23.32 Dollars on 06/05/2024.
The artificial intelligence's forecast on BEN stock is as follows.
The artificial intelligence's prediction error margin for BEN stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Franklin Resources stock over the next 4 months is: 24.2 Dollars.
The commentary on BEN stock Target Price: Highest: 26.573 Dollars is predicted.
The commentary on BEN stock Target Price: Lowest: 21.184 Dollars is predicted.
Resistance Price where Franklin Resources stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-10-2024 | 26.573 |
| 10-08-2024 | 25.465 |
| 12-12-2024 | 25.501 |
| 02-10-2025 | 22.888 |
Support Price where Franklin Resources stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 23.043 |
| 11-07-2024 | 24.217 |
| 02-05-2025 | 22.882 |
| 03-17-2025 | 21.184 |
The commentary on BEN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Franklin Resources stock by the end of 2024 is predicted to be 24.781 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BEN stock, and the 2024 target price predictions for Franklin Resources are detailed above.
The technical analysis and charts for the commentary on BEN stock are below.
BEN Support & Resistance and Trend Analysis
BEN stock you have reviewed the technical analysis support resistance charts regarding.
BEN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BEN review, the Franklin Resources support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Franklin Resources Support and Resistance Prices:
| BEN Support Level Price | BEN Resistance Level Price |
|---|---|
| 22.32 | 23.86 |
| 22.63 | 24.86 |
| 22.73 | 25.02 |
| 23.29 | 25.64 |
| 25.26 | 25.69 |
| 26.07 | 28.12 |
| 26.20 | 28.15 |
| 26.24 | 28.45 |
| 26.55 | 28.51 |
| 26.96 | 28.61 |
| 29.41 | |
| 30.32 |
BEN Technical Analysis: SMA, RSI, MACD
Upon reviewing the BEN chart, buy and sell signals have been generated in the Franklin Resources technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for BEN stock are as follows:- BEN technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Franklin Resources gave a 'Buy' signal when the RSI was at 23.889, with the current RSI value at 33.699.
- The technical analysis for BEN indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Franklin Resources issued a 'Buy' signal when the MACD was at -0.448, with the current MACD value being: -0.374
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Franklin Resources stock: Click here to read more predictions on NEXON Co. stock.
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