Invesco Senior Loan ETF (BKLN) Drops Below 200-Day Moving Average

The Invesco Senior Loan ETF (BKLN) has crossed below its 200-day moving average of $20.95, trading as low as $20.91 per share. The ETF is currently trading off about 0.5% on the day. The 52-week range for BKLN is $20.02 to $21.19, with a last trade of $20.92.

The Invesco Senior Loan ETF (BKLN) experienced a significant drop on Monday, crossing below its 200-day moving average of $20.95. The ETF traded as low as $20.91 per share, representing a decline of approximately 0.5% on the day. This move comes amidst broader market volatility and technical indicators pointing to potential reversals.

The 52-week range for BKLN remains between $20.02 and $21.19, with the last trade recorded at $20.92. The ETF, which tracks the market value weighted performance of the largest institutional leveraged loans, has shown signs of a bullish trend in recent days, with a three-day upward streak observed on July 14, 2025 [3].

Technical analysis indicators suggest a mixed outlook for BKLN. The Aroon Indicator, which entered an uptrend, indicates a potential for further price increases within the following month [3]. However, the Relative Strength Index (RSI) and the Stochastic Oscillator both remain in the overbought zone, suggesting a potential price pull-back [3]. Additionally, the Moving Average Convergence Divergence (MACD) turned negative on July 18, 2025, signaling a possible downward trend in the coming weeks [3].

Invesco Senior Loan ETF's parent company, Invesco Ltd. (IVZ), also saw a significant rise on Friday, July 1, 2025, as it filed paperwork to reclassify its popular QQQ ETF into a management company [4]. This move could have implications for BKLN, as it may reflect broader changes in the investment management landscape.

Investors should closely monitor BKLN's performance and consider the broader market conditions when making investment decisions. The ETF's recent technical indicators suggest a potential for volatility and a need for cautious optimism.

References:
[1] https://proinvestor.com/investornyt/1067294/notable-two-hundred-day-moving-average-cross-bkln
[2] https://finance.yahoo.com/quote/BKLN/
[3] https://tickeron.com/ticker/BKLN/
[4] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3TF0NQ:0-invesco-jumps-to-more-than-2-year-high-after-filing-to-reclassify-360-bln-etf/