INVESCO SENIOR LOAN ETF (BKLN) Stock Technical Analysis
NYSEARCA:BKLN - US46138G5080 - ETF
20.92 USD
0 (0%)
20.92 USD
0 (0%)
We assign a technical rating of 3 out of 10 to BKLN. In the last year, BKLN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, BKLN is a bad performer in the overall market: 68% of all stocks are doing better.
BKLN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BKLN is lagging the market slightly.
BKLN has an average volume of 7176600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month BKLN has a been trading in a tight range between 20.83 and 20.97.
BKLN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.92, a Stop Loss order could be placed below this zone.
More info and screens
19.92
21.43
2 important support areas can be observed.
- A support zone ranging from 20.78 to 20.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.12 to 20.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.93 to 21.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BKLN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKLN is neutral. |
| ChartMill Relative Strength | 32.91 | NEUTRAL | BKLN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BKLN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BKLN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.07 | NEUTRAL | The RSI value for BKLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BKLN has a positive trend. |
| Stochastics (14,3) | 59.52 | NEUTRAL | The Stochastics value for BKLN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for BKLN suggests low volalility. |
| Average Directional Index/ADX (14) | 20.74 | NEUTRAL | The ADX value for BKLN suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
20.92
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.19%
2 Weeks0.38%
1 Month0%
3 Month0%
6 Month0.1%
12 Month-0.43%
2 Year-0.33%
3 Year3.62%
5 Year-3.77%
10 Year-9.2%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.14%
ATR Inc-41.05%
Range Today0.02
ADR(20)0.02
ADR(20)%0.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.91
Mansfield-0.8
10 Day High20.92
10 Day Low20.83
20 Day High20.97
20 Day Low20.83
52 Week High21.19
52 Week Low20.02
CS1 End20.92
CR1 Start20.93
Volume & EV
DER(3)-2.94%
DER(5)-2.34%
Volume5.08M
Volume Incr2.06%
Vol(5)7.07M
Vol(50)7.18M