| GBTC latest price $10.3800 (7.73%) ($9.5600 - $10.5200) on Wed. Oct. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.35% (three month average) |
RSI | 31 |
Latest Price | $10.3800(7.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 1.4% a day on average for past five trading days. |
Weekly Trend | GBTC declines -8.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) VIXM(10%) UNG(6%) IGOV(4%) TIP(4%) TLT(3%) |
Factors Impacting GBTC price | GBTC will decline at least -2.175% in a week (0% probabilities). EMHY(-16%) INDA(-14%) XLRE(-13%) PCY(-13%) JNK(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.175% (StdDev 4.35%) |
Hourly BBV | 0 () |
Intraday Trend | 8% |
| |
|
|