Franklin Resources (BEN) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for BEN · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$35.77last close · Aug 4, 202652-week range $21.11 – $35.86 · 0.25% below the high

BEN Rising Wedge Pattern

BEN is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $31.47 (−7.9%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; BEN's own rising wedges have hit 40.0%.

DirectionBearishTarget$31.47Projected move−7.9%Breakout level$33.93

New to this pattern? What a rising wedge is and how to trade it →

BEN's Most Recent Rising Wedge Trade

BEN's most recent completed rising wedge resolved as a loss: it broke down on Jul 10, 2026 near $33.74, then was stopped out at $35.24 on Aug 3, 2026 — a -1.27R move (4.4%) over 16 sessions. Across 173 backtested rising wedges, this setup wins 50.9% of the time.

OutcomeLossResult-1.27REntry$33.74Exit$35.24

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
BEN win rate
40.0%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

BEN Pattern Trade History

Every completed pattern trade our nightly backtest found on BEN's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 10, 2026 @ $33.74Aug 3, 2026 @ $35.24Loss-1.27R
Falling WedgeNov 26, 2025 @ $22.36Dec 30, 2025 @ $23.86Win+1.20R
Falling WedgeNov 17, 2025 @ $21.71Dec 5, 2025 @ $23.40Loss-1.01R
Falling WedgeOct 24, 2025 @ $22.82Nov 17, 2025 @ $21.56Loss-1.47R
Falling WedgeApr 3, 2025 @ $18.59Apr 7, 2025 @ $16.86Win+1.05R
Falling WedgeMar 18, 2025 @ $19.88Apr 3, 2025 @ $17.95Loss-1.96R
TriangleMar 3, 2025 @ $19.82Apr 4, 2025 @ $17.21Win+3.33R
TriangleNov 6, 2024 @ $21.75Dec 5, 2024 @ $22.40Win+0.26R
TriangleJul 11, 2024 @ $23.05Jul 23, 2024 @ $23.21Win+0.14R
Falling WedgeJun 13, 2024 @ $22.41Jul 16, 2024 @ $23.97Loss-1.42R
TriangleApr 10, 2024 @ $26.85Apr 15, 2024 @ $25.13Win+2.46R
Bullish PennantMar 6, 2024 @ $27.85Apr 10, 2024 @ $26.30Loss-1.19R

BEN Support and Resistance Levels

Price found a floor near $23.55 about 4 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $50.27 — still about 41% away.

  • Traders commonly watch $50.27 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $23.55 floor about 4 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $23.20, resistance near $50.31. These are chart/swing-derived levels, not formula pivots.

Resistance
$50.31
Support
$23.20

BEN Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$35.20$35.86$35.20$35.77
Aug 3, 2026$34.12$35.43$34.05$35.24
Jul 31, 2026$33.48$34.64$32.83$33.86
Jul 30, 2026$32.54$33.31$32.26$33.17
Jul 29, 2026$33.11$33.35$32.33$32.39
Jul 28, 2026$33.20$33.42$32.73$33.33
Jul 27, 2026$32.87$33.66$32.71$33.22
Jul 24, 2026$32.47$32.82$32.20$32.49
Jul 23, 2026$31.99$32.48$31.92$32.29
Jul 22, 2026$32.65$32.93$32.19$32.38

BEN Frequently Asked Questions

What chart pattern is BEN forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Franklin Resources (BEN) on the daily chart, with a measured-move target of $31.47.
Is a rising wedge bullish or bearish?
The rising wedge detected on BEN is a bearish pattern, projecting a measured-move target of $31.47. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for BEN?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), BEN's nearest support is around $23.20 and nearest resistance around $50.31.
What is the price target if BEN's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $31.47 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BEN's closing price on Aug 4, 2026?
Franklin Resources (BEN) last closed at $35.77 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.