Trading Signals: GBTC Stock Price Prediction and Forecast

^ GBTC: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Dec. 6, 2017

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

(Grayscale Bitcoin Trust)
GBTC latest price $17.4586 (6.23%) ($16.3414 - $18.2731) on Wed. Dec. 6, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.25% (three month average)
RSI   86
Latest Price   $17.4586(6.23%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   GBTC advances 1.3% a day on average for past five trading days.
Weekly Trend   GBTC advances 32.6% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support GBTC advance at 0% a week (0% probability)
ARKK(11%)    EWJ(9%)    BOTZ(8%)    IBUY(8%)    IWC(8%)
Factors Impacting GBTC price   GBTC will decline at least -3.625% in a week (0% probabilities).
UNG(-8%)    BNDX(-7%)    BWX(-4%)    VIXM(-2%)    TLT(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.625% (StdDev 7.25%)
Hourly BBV 0 ()
Intraday Trend -3.8%

5 Day Moving Average   $17.24(1.27%)
10 Day Moving Average   $15.48(12.78%)
20 Day Moving Average   $12.57(38.89%)
To recent high   -8.4%
To recent low   222.5%
Market Cap   $N/A

Acts as Open-End Investment Fund/Unit Trust

$. GBTC price fluctuates within 28% (three month std-dev: 7.25%) daily (68% of days).

Sample size 5 Average positive next day return: 6.88%(60%) Average negative next day return: -6.99%(40%) Sample size 5 Average positive next three day return: 31.67%(20%) Average negative next three day return: -4.12%(80%) Sample size 5 Average positive next weekly return: 19.76%(60%) Average negative next weekly return: -14.38%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180106

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	Dec_6_2017	8.62	12.57	15.48	17.24	17.78	17.54	17.46(6.23%)	UT	HoldLong	65	0.1	69	-0	2	271	18.24	72%	1.29	69.5	7.25%	0	1.4	86	0
2	Dec_5_2017	8.51	12.15	14.78	17.02	17.26	18.08	16.43(-13.76%)	UD	OpenLong	75	-0.2	79	370	5	301	28.45	72%	1.07	72.6	7.26%	0	1.3	86	0
3	Dec_4_2017	8.42	11.8	14.16	16.8	17.11	18.03	19.06(9.61%)	UT	HoldLong	65	0.7	112	430	33	348	11.97	77%	1.57	78.4	7.03%	0	2.2	90	0
4	Dec_1_2017	8.29	11.31	13.18	15.76	16.33	16.45	17.39(9.47%)	UT	HoldLong	65	0.6	103	160	30	323	11.8	69%	1.34	85	7.01%	0	2.2	86	0
5	Nov_30_2017	8.18	10.89	12.37	14.53	15.33	16.19	15.88(-2.69%)	UD	OpenLong	75	0.6	84	560	27	255	16.65	70%	1.11	86.1	7.45%	0	2.1	79	0

6	Nov_29_2017	8.09	10.52	11.67	13.43	14.17	16.21	16.32(6.33%)	UT	HoldLong	65	1.4	86	1170	45	210	32.45	71%	1.38	84	7.54%	0	2.7	81	0
7	Nov_28_2017	7.98	10.11	10.85	12.19	12.49	14.48	15.35(10.61%)	UT	HoldLong	65	1.9	72	1190	46	149	22.19	71%	1.14	86.9	7.57%	0	3.2	80	0
8	Nov_27_2017	7.89	9.71	10.17	11.13	11.14	12.14	13.88(23.74%)	UT	OpenLong	75	2.2	52	630	38	93	17.39	70%	1.02	90.4	7.48%	0	3.4	74	0
9	Nov_24_2017	7.81	9.36	9.67	10.24	10.27	10.49	11.21(7.94%)	UT	OpenLong	75	1.1	20	160	14	39	4.67	66%	0.51	89.9	6.91%	0	2	60	0
10	Nov_22_2017	7.77	9.16	9.49	9.89	9.96	10.14	10.39(2.45%)	UT	OpenLong	75	0.5	12	150	9	19	4.77	64%	0.52	73.9	6.81%	0	1.3	57	0

11	Nov_21_2017	7.73	9	9.4	9.63	9.77	10.06	10.14(1.17%)	UT	OpenLong	75	0.5	15	250	15	15	5.1	64%	0.39	65	6.81%	0	1.1	64	0
12	Nov_20_2017	7.7	8.85	9.32	9.27	9.5	9.79	10.02(6.02%)	N/A	N/A	0	0.7	8	290	11	0	5.73	64%	0.39	53.9	6.81%	0	1.1	65	0
13	Nov_17_2017	7.67	8.71	9.27	9.05	9.16	9.48	9.46(0.28%)	UT	OpenLong	75	0.4	4	280	4	4	5.34	64%	0.26	49.7	6.82%	0	0.7	71	0
14	Nov_16_2017	7.65	8.61	9.31	9	9.05	9.21	9.43(3.79%)	UT	OpenLong	75	0.4	7	140	1	24	5.22	64%	0.39	48.6	6.82%	0	0.8	74	0
15	Nov_15_2017	7.62	8.49	9.33	9.05	9.02	8.85	9.08(8.75%)	UD	OpenLong	65	0	9	-140	-4	47	6.19	64%	0.26	49.6	6.85%	0	0.5	70	0

16	Nov_14_2017	7.6	8.39	9.31	9.16	9.15	8.88	8.35(-6.65%)	UD	OpenLong	65	-0.7	10	-210	-10	70	7.29	67%	0.13	53.9	6.85%	0	-0	68	0
17	Nov_13_2017	7.59	8.33	9.36	9.36	9.42	9.19	8.95(-2.61%)	UD	OpenLong	65	-0.4	20	-150	-6	97	6.65	67%	0.26	58.6	7.2%	0	0.5	74	0
18	Nov_10_2017	7.57	8.23	9.25	9.5	9.49	9.43	9.19(-4.99%)	UD	OpenLong	65	-0.3	24	-50	-6	113	8.1	68%	0.26	60.8	7.28%	0	0.8	75	0
19	Nov_9_2017	7.55	8.12	9.06	9.5	9.62	9.66	9.67(0.57%)	UT	HoldLong	65	0	32	20	0	129	3.38	68%	0.53	65.8	7.29%	0	1.3	77	0
20	Nov_8_2017	7.51	7.99	8.83	9.65	9.74	9.56	9.62(2.45%)	UT	HoldLong	65	-0	38	-100	4	141	11.04	68%	0.4	67.1	7.3%	0	1.4	79	0

21	Nov_7_2017	7.48	7.83	8.58	9.5	9.72	9.59	9.39(-2.71%)	UD	OpenLong	75	-0.1	36	-20	2	138	5.24	70%	0.4	63.9	7.31%	0	1.5	79	0
22	Nov_6_2017	7.45	7.7	8.36	9.35	9.66	9.91	9.65(-2.74%)	UD	OpenLong	75	0.3	45	280	14	138	9.55	70%	0.4	62.8	7.45%	0	1.9	81	0
23	Nov_3_2017	7.42	7.58	8.11	8.94	9.25	9.86	9.92(2.48%)	UT	HoldLong	65	1.1	49	570	24	124	8.8	70%	0.54	55.2	7.43%	0	2.6	86	0
24	Nov_2_2017	7.38	7.43	7.83	8.38	8.61	9.41	9.68(9.32%)	UT	HoldLong	65	1.8	41	730	24	93	10.4	70%	0.54	44.7	7.46%	0	3.1	79	0
25	Nov_1_2017	7.34	7.29	7.56	7.9	7.99	8.64	8.85(2.37%)	UT	OpenLong	75	1.8	31	600	20	63	13.98	69%		34.4	7.4%	0	3	75	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

Click to see actual return for next trading day.