| GBTC latest price $11.9750 (11.4%) ($10.9600 - $12.2900) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.45% (three month average) |
RSI | 83 |
Latest Price | $11.9750(11.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 4.2% a day on average for past five trading days. |
Weekly Trend | GBTC advances 16.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(60%) ARKK(33%) GDXJ(32%) IBUY(32%) IDRV(32%) |
Factors Impacting GBTC price | GBTC will decline at least -3.725% in a week (0% probabilities). UUP(-32%) VXX(-24%) VIXM(-20%) IGOV(-6%) TLT(-4%) |
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 | -3.725% (StdDev 7.45%) |
Hourly BBV | 0 () |
Intraday Trend | 9.2% |
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