Bullish Signal from BEN: Crossing Above the 200-Day Moving Average

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Franklin Resources Shares Surge Past Key Moving Average

Trading Activity Highlights Strong Gains for BEN Stock

On Friday, shares of Franklin Resources Inc (Symbol: BEN) climbed above their 200-day moving average, which stands at $21.76. The stock reached a high of $22.59 during the trading session, marking an impressive 11% increase for the day. The chart below illustrates the one-year performance of BEN shares compared to its 200-day moving average:

Franklin Resources Inc 200 Day Moving Average Chart

According to the above chart, BEN has a 52-week low of $18.825 per share and a high of $28.61. The most recent trade settled at $22.12. This data on BEN’s moving average was sourced from TechnicalAnalysisChannel.com.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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