Trading Signals: GBTC Stock Price Prediction and Forecast

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Thu. Aug. 24, 2017

Trading Signals: GBTC Stock Price Prediction and Forecast (Wed. May. 31, 2017 - Tue. Feb. 14, 2023)

(Grayscale Bitcoin Trust)
GBTC latest price $7.8313 (2.74%) ($7.7154 - $7.9984) on Thu. Aug. 24, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.77% (three month average)
RSI   80
Latest Price   $7.8313(2.74%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   GBTC advances 0.3% a day on average for past five trading days.
Weekly Trend   GBTC advances 15% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support GBTC advance at 0% a week (0% probability)
ARKK(13%)    EWJ(9%)    BOTZ(8%)    IBUY(8%)    IWC(8%)
Factors Impacting GBTC price   GBTC will decline at least -3.385% in a week (0% probabilities).
UNG(-7%)    BNDX(-7%)    BWX(-3%)    VIXM(-2%)    IGOV(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -3.385% (StdDev 6.77%)
Hourly BBV 0 ()
Intraday Trend 1.4%

5 Day Moving Average   $7.52(4.14%)
10 Day Moving Average   $7.45(5.12%)
20 Day Moving Average   $6.3(24.31%)
To recent high   0%
To recent low   54.9%
Market Cap   $N/A

Acts as Open-End Investment Fund/Unit Trust

$. GBTC price fluctuates within 21.11% (three month std-dev: 6.77%) daily (68% of days).

Sample size 4 Average positive next day return: 2.59%(50%) Average negative next day return: -2.86%(50%) Sample size 4 Average positive next three day return: 0%(0%) Average negative next three day return: -7.3%(100%) Sample size 4 Average positive next weekly return: 5.98%(25%) Average negative next weekly return: -7.96%(75%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170924

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_24_2017	6.38	6.3	7.45	7.52	7.52	7.72	7.83(2.74%)	UT	HoldLong	65	0.2	36	190	3	134	4.35	100%	1.11	71.6	6.77%	0	1.2	80	0
2	Aug_23_2017	6.31	6.12	7.26	7.5	7.46	7.48	7.62(1.71%)	UT	HoldLong	65	0.1	32	0	1	124	3.14	100%	1.12	72.6	8.39%	0	1.1	80	0
3	Aug_22_2017	6.24	5.95	7.05	7.51	7.48	7.31	7.49(2.68%)	UT	HoldLong	65	-0	35	-170	1	137	5.77	100%	1.13	76.6	8.76%	0	1.2	81	0
4	Aug_21_2017	6.17	5.79	6.86	7.44	7.52	7.43	7.3(-0.64%)	UD	OpenLong	65	-0.1	35	-50	-4	151	6.84	100%	0.98	78.5	8.81%	0	1.2	82	0
5	Aug_18_2017	6.11	5.64	6.7	7.53	7.49	7.65	7.35(-5.32%)	UD	OpenLong	75	-0.1	52	130	6	190	8.18	100%	1.33	87.5	8.81%	0	1.3	83	0

6	Aug_17_2017	6.03	5.47	6.47	7.35	7.48	7.61	7.76(1.36%)	UT	HoldLong	65	0.3	62	170	16	200	9.71	100%	2.03	86.4	8.75%	0	1.8	87	0
7	Aug_16_2017	5.91	5.28	6.19	6.96	7.12	7.33	7.65(7.01%)	UT	HoldLong	65	0.6	60	280	17	190	7.11	100%	2.07	81.1	8.75%	0	2	88	0
8	Aug_15_2017	5.79	5.08	5.88	6.52	6.65	7.34	7.15(-7.43%)	UD	OpenLong	75	0.6	54	790	16	169	12.19	100%	1.94	73.5	8.73%	0	2	87	0
9	Aug_14_2017	5.68	4.91	5.61	6.19	6.23	6.9	7.73(20.02%)	UT	HoldLong	65	1.6	57	770	24	157	13.57	100%	3.09	68.7	8.66%	0	2.9	94	0
10	Aug_11_2017	5.51	4.7	5.26	5.77	5.74	5.96	6.44(10.1%)	UT	HoldLong	65	0.9	43	250	15	127	9.13	100%	1.47	69.6	8.56%	0	2.4	85	0

11	Aug_10_2017	5.43	4.57	5.05	5.48	5.56	5.55	5.85(7.69%)	UT	HoldLong	65	0.6	34	30	9	107	6.03	100%	0.74	65.4	8.52%	0	2	84	0
12	Aug_9_2017	5.39	4.47	4.88	5.29	5.39	5.53	5.43(-1.7%)	UD	OpenLong	75	0.3	30	240	8	96	3.1	100%	0.19	64	8.54%	0	1.7	83	0
13	Aug_8_2017	5.38	4.41	4.76	5.13	5.25	5.57	5.52(-1.85%)	UD	OpenLong	75	0.8	33	500	13	92	5.58	100%	0.37	59.1	8.72%	0	2.2	88	0
14	Aug_7_2017	5.36	4.32	4.62	4.91	4.99	5.26	5.63(13.47%)	UT	HoldLong	65	1.6	31	430	15	79	7.68	100%	0.56	49	8.76%	0	2.9	81	0
15	Jun_8_2017	5.33	3.89	5.11	5.38	4.99	5.42	5.06(-8.14%)	UD	OpenLong	65	-0.2	53	-20	-3	219	9.59	100%	-0.74	75.8	8.3%	0	0.8	83	0

16	Jun_7_2017	5.37	3.75	5.05	5.43	5.48	5.63	5.51(-3.38%)	UD	OpenLong	75	0.1	77	220	5	293	5.56	100%	0.56	81.9	8.28%	0	1.2	87	0
17	Jun_6_2017	5.34	3.59	4.82	5.34	5.42	5.54	5.71(5.9%)	UT	HoldLong	65	0.3	95	200	14	336	10.86	100%	1.71	88.9	8.3%	0	1.5	88	0
18	Jun_5_2017	5.25	3.4	4.51	5.09	5.2	5.33	5.39(3.2%)	UT	HoldLong	65	0.2	96	240	13	345	7.84	100%	0.77	89.3	8.31%	0	1.5	88	0
19	Jun_2_2017	5.21	3.23	4.21	4.86	4.92	5.31	5.22(-2.3%)	UD	OpenLong	75	0.3	92	590	5	352	8.31	100%	0.19	89.8	8.31%	0	1.6	89	0
20	Jun_1_2017	5.2	3.05	3.92	4.81	4.73	5.07	5.34(5.72%)	UT	HoldLong	65	0.4	110	450	14	397	13.05	100%	2.97	98.3	8.31%	0	1.9	82	0

21	May_31_2017	5.05	2.86	3.6	4.61	4.64	4.53	5.05(13.36%)	UT	HoldLong	65	0.4	119	-150	24	402	11.8	100%		104.2	8.48%	0	2	79	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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