Question 1

What does the Stochastic Oscillator suggest about BEN's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

How did BEN's Momentum indicator behave recently?

Accepted Answer

BEN saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 105 similar instances where the indicator turned positive. In 81 of the 105 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for BEN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for BEN just turned positive on August 16, 2024. Looking at past instances where BEN's MACD turned positive, the stock continued to rise in 40 of 52 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for BEN?

Accepted Answer

BEN moved above its 50-day moving average on August 16, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for BEN?

Accepted Answer

The 10-day moving average for BEN crossed bearishly below the 50-day moving average on August 06, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day price advance indicate for BEN?

Accepted Answer

Following a +3.36% 3-day Advance, the price is estimated to grow further. Considering data from situations where BEN advanced for three days, in 195 of 301 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for BEN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BEN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

What does BEN breaking above its upper Bollinger Band indicate?

Accepted Answer

BEN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

BEN Stock Franklin Resources (BEN, $23.38) RSI Indicator left the oversold zone on May 03, 2024

Momentum Indicator for BEN turns positive, indicating new upward trend

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