| GBTC latest price $11.5800 (2.89%) ($11.2400 - $11.6000) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.18% (three month average) |
RSI | 51 |
Latest Price | $11.5800(2.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 0.5% a day on average for past five trading days. |
Weekly Trend | GBTC advances 2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(62%) ARKK(35%) IDRV(34%) LIT(34%) SLV(34%) |
Factors Impacting GBTC price | GBTC will decline at least -3.59% in a week (0% probabilities). UUP(-33%) VXX(-26%) VIXM(-21%) IGOV(-7%) TLT(-6%) |
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 | -3.59% (StdDev 7.18%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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