Franklin Resource's most recent trend suggests a bullish bias. One trading opportunity on Franklin Resource is a Bull Put Spread using a strike $55.00 short put and a strike $45.00 long put offers a potential 5.82% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $9.45 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Franklin Resource is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Franklin Resource is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Franklin Resource
Stockton, California, Wins Court Approval of Bankruptcy
Thu, 30 Oct 2014 18:41:17 GMT
Franklin Limited Duration Income Trust Announces Revised Record Date and Date Payable for Monthly Dividend
Wed, 29 Oct 2014 23:06:17 GMT
Marketwired – Franklin Limited Duration Income Trust , a closed-end investment company managed by Franklin Advisers, Inc., announced changes today to the record date and date payable for the previously announced monthly …
Franklin Universal Trust Announces Revised Record Date and Date Payable for Monthly Dividend
Wed, 29 Oct 2014 23:06:06 GMT
Marketwired – Franklin Universal Trust , a closed-end investment company managed by Franklin Advisers, Inc., announced changes today to the record date and date payable for the previously announced monthly dividend …
Franklin Resources (BEN) Earnings Report: Q3 2014 Conference Call Transcript
Tue, 28 Oct 2014 13:38:00 GMT
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