Franklin Resource's most recent trend suggests a bullish bias. One trading opportunity on Franklin Resource is a Bull Put Spread using a strike $56.67 short put and a strike $51.67 long put offers a potential 9.89% 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 $56.67 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $51.67 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 66.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Franklin Resource
Insider Trading Alert – BEN, DEI, COG, EOG And JBL Traded By Insiders
Tue, 24 Dec 2013 15:02:00 GMT
TheStreet – Stocks with insider trader activity include BEN, DEI, COG, EOG and JBL
Pacific Rubiales announces $385 million sale of OCENSA pipeline interest
Mon, 23 Dec 2013 13:00:42 GMT
noodls – TORONTO, Dec. 23, 2013/CNW/ – Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has reached an agreement to sell its 5% interest and transportation rights in …
Pacific Rubiales announces $385 million sale of OCENSA pipeline interest
Mon, 23 Dec 2013 11:00:00 GMT
CNW Group – Pacific Rubiales announces $385 million sale of OCENSA pipeline interest
Franklin Templeton Limited Duration Income Trust Declares Monthly Dividend
Fri, 20 Dec 2013 21:30:00 GMT
Marketwired – Franklin Templeton Limited Duration Income Trust , a closed-end investment company managed by Franklin Advisers, Inc., announced today a dividend of $0.073 per share, payable January 15, 2014, to shareholders …
Franklin Universal Trust Declares Monthly Dividend
Fri, 20 Dec 2013 21:30:00 GMT
Marketwired – Franklin Universal Trust , a closed-end investment company managed by Franklin Advisers, Inc., announced today a dividend of $0.0395 per share, payable January 15, 2014, to shareholders of record on December …
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