| GBTC latest price $14.9700 (1.35%) ($14.3400 - $15.5000) on Wed. Aug. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.12% (three month average) |
RSI | 60 |
Latest Price | $14.9700(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 1.9% a day on average for past five trading days. |
Weekly Trend | GBTC advances 6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) IFRA(29%) VIXM(9%) UNG(6%) IGOV(5%) TIP(4%) |
Factors Impacting GBTC price | GBTC will decline at least -3.56% in a week (0% probabilities). EMHY(-15%) INDA(-14%) JNK(-13%) HYG(-13%) XLRE(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.56% (StdDev 7.12%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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