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Archive
- 4/10/2026 -
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Invesco Senior Loan ETF (BKLN) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Invesco Senior Loan ETF (BKLN). During the week, the BKLN climbed 0.01 points, or 0.05%, and closed at 20.49 on Friday, April 10, 2026. Weekly volume was -13% below average.
 Long-term trend: [See BKLN long-term trend chart]
A long-term downtrend had started on September 15, 2023 at 21.27 and reached 20.02 on April 9, 2025. BKLN lost 1.25 points, or 5.88%, in 81 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See BKLN medium-term trend chart]
A medium-term downtrend had started on January 13, 2026 at 21.07 and reached 20.11 on March 2, 2026. BKLN lost 0.96 points, or 4.56%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (20.35) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. BKLN may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See BKLN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since January 23, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See BKLN short-term trend chart]
A short-term uptrend had started on March 31, 2026 at 20.29 and reached 20.61 on April 8, 2026. BKLN gained -0.32 points, or -1.58%, in 8 days. Price is near the Fibonacci 38.2% retracement level.
 Daily Technical Indicators: [See BKLN daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since March 31, 2026. This is an indication that the short-term trend is up.
A Parabolic SAR (stop and reversal) indicator (20.39) comes close to the price (20.49). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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