| GBTC latest price $11.2000 (-3.86%) ($11.1800 - $11.8700) on Wed. Nov. 6, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 71 |
Latest Price | $11.2000(-3.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 0.6% a day on average for past five trading days. |
Weekly Trend | GBTC advances 13% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) VIXM(11%) UNG(7%) IGOV(5%) TIP(4%) TLT(4%) |
Factors Impacting GBTC price | GBTC will decline at least -2.455% in a week (0% probabilities). EMHY(-17%) INDA(-15%) PCY(-14%) JNK(-14%) HYG(-14%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | 0 () |
Intraday Trend | -4.4% |
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