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Franklin Res Inc Down 19.9% Since SmarTrend Downtrend Call (BEN)

By Nick Russo

SmarTrend identified a Downtrend for Franklin Res Inc (NYSE:BEN) on January 31st, 2018 at $42.58. In approximately 4 months, Franklin Res Inc has returned 19.92% as of today's recent price of $34.10.

Over the past year, Franklin Res Inc has traded in a range of $31.67 to $47.65 and is now at $34.10, 8% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional, and separate accounts investors. The Company manages various asset classes including global equity, global institutional and municipal fixed income, money funds, alternative investments, and hedge funds.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Franklin Res Inc.

Log in and add Franklin Res Inc (BEN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights franklin res inc

Ticker(s): BEN