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Franklin Res Inc Crosses Above its 10-day MA (BEN)

By Shiri Gupta

Today, shares of Franklin Res Inc (NYSE:BEN) have crossed bullishly above their 10-day moving average of $27.21 on a volume of 251K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Franklin Res Inc share prices have moved between a 52-week high of $35.82 and a 52-week low of $25.57 and are now trading 7% above that low price at $27.39 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.1%.

SmarTrend is monitoring the recent change of momentum in Franklin Res Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Franklin Res Inc in search of a potential trend change.

Keywords: moving crosses franklin res inc

Ticker(s): BEN