Franklin Resource's most recent trend suggests a bullish bias. One trading opportunity on Franklin Resource is a Bull Put Spread using a strike $30.00 short put and a strike $25.00 long put offers a potential 12.36% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $30.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $25.00 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 at 50.97 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Franklin Resource
Franklin Resources (BEN) to Report Q4 Results: Wall Street Expects Earnings Growth
Tue, 19 Oct 2021 19:01:07 +0000
Franklin Resources (BEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Distribution
Tue, 19 Oct 2021 16:33:00 +0000
SAN MATEO, Calif., October 19, 2021–FRANKLIN LIMITED DURATION INCOME TRUST [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0770 per share, payable on November 15, 2021, to shareholders of record on October 29, 2021 (Ex-Dividend Date: October 28, 2021).
Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution
Tue, 19 Oct 2021 16:31:00 +0000
SAN MATEO, Calif., October 19, 2021–Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on November 15, 2021, to shareholders of record on October 29, 2021 (Ex-Dividend Date: October 28, 2021).
Franklin BSP Realty Trust, Inc. and Capstead Mortgage Corporation Announce Completion of Merger
Tue, 19 Oct 2021 12:30:00 +0000
NEW YORK & DALLAS, October 19, 2021–Franklin BSP Realty Trust, Inc. (f/k/a Benefit Street Partners Realty Trust, Inc.) (“FBRT” or the “Company”) and Capstead Mortgage Corporation (NYSE: CMO) (“Capstead”) today announced the completion of their previously announced merger pursuant to the terms of the Agreement and Plan of Merger, dated as of July 25, 2021, as amended by the First Amendment to Agreement and Plan of Merger, dated as of September 22, 2021 (as amended, the “Merger Agreement”), by an
Hedge Funds Aren’t Crazy About Franklin Resources, Inc. (BEN)
Mon, 18 Oct 2021 13:02:30 +0000
While the market driven by short-term sentiment influenced by the accommodative interest rate environment in the US, virus news and stimulus spending, many smart money investors are starting to get cautious towards the current bull run since March, 2020 and hedging or reducing many of their long positions. Some fund managers are betting on Dow […]
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