Franklin Resources, Inc. is a global investment management company with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. It offers specialization on a global scale, bringing capabilities in fixed income, equity, alternatives and multi-asset solutions. Co. provides its investment management and related services to retail, institutional and high-net-worth investors in jurisdictions worldwide. Its investment products include sponsored funds, as well as institutional and high-net-worth 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). |
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Video: Technical Analysis