Invesco Senior Loan ETF (BKLN)

Invesco Senior Loan ETF is trading at $20.25, down 0.22% on the session. The 50 day average sits at $20.53 and the 200 day at $20.54, which puts the stock in a downtrend. RSI is at 28.4, which reads as oversold, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $20.26 with resistance near $20.53, so that band frames the current range. Average daily movement is roughly $0.06, or about 0.3% of the share price, which is what any stop placement has to allow for. The overall health score of 43 out of 100 combines a trend score of 7, momentum of 45 and a risk score of 96.

The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures Morningstar, Inc. (“Morningstar” or the “index provider”) compiles, maintains and calculates the underlying index, which tracks the market value weighted performance of the largest institutional leveraged loans based on market weightings, spreads and interest payments.