| GBTC latest price $10.3300 (5.91%) ($9.8600 - $10.4800) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.9% (three month average) |
RSI | 45 |
Latest Price | $10.3300(5.91%) |
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 -3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(62%) ARKK(33%) ARKG(32%) IDRV(32%) LIT(32%) |
Factors Impacting GBTC price | GBTC will decline at least -2.45% in a week (0% probabilities). UUP(-31%) VXX(-22%) VIXM(-16%) XLC(-4%) TLT(-2%) |
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 | -2.45% (StdDev 4.9%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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