Franklin Resources is a holding company. Through its subsidiaries, Co. is engaged in the investment management and related services. Co. provides its investment management and related services to retail, institutional and investors in jurisdictions worldwide. Co. deliver its investment capabilities through a variety of products and vehicles and multiple points of access, including directly to investors and through financial intermediaries. Co.'s investment products include its sponsored funds, as well as institutional and separate accounts, retail separately managed account programs, sub-advised products, and other investment vehicles.
When researching a stock like Franklin Resources, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from BEN Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for BEN stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the BEN 200 day moving average ("BEN 200 DMA"), while one of the most popular "shorter look-backs" is the BEN 50 day moving average ("BEN 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Franklin Resources. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the BEN 200 DMA and the BEN 50 DMA, we get a moving average convergence divergence indicator ("BEN MACD"). The BEN MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |