| GBTC latest price $10.0800 (2.13%) ($9.7800 - $10.1200) on Wed. Jul. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 54 |
Latest Price | $10.0800(2.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 1.3% a day on average for past five trading days. |
Weekly Trend | GBTC declines -0.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(62%) ARKK(33%) IDRV(33%) ARKG(32%) LIT(32%) |
Factors Impacting GBTC price | GBTC will decline at least -2.375% in a week (0% probabilities). UUP(-29%) VXX(-23%) VIXM(-15%) XLC(-4%) IYT(-3%) |
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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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