| GBTC latest price $12.1500 (17.05%) ($11.2000 - $12.3500) on Mon. Jul. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 71 |
Latest Price | $12.1500(17.05%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 5.4% a day on average for past five trading days. |
Weekly Trend | GBTC advances 4.3% 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%) LIT(33%) SLV(32%) GDXJ(31%) |
Factors Impacting GBTC price | GBTC will decline at least -2.5% in a week (0% probabilities). UUP(-30%) VXX(-23%) VIXM(-15%) XLC(-5%) IYT(-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 | -2.5% (StdDev 5%) |
Hourly BBV | 0 () |
Intraday Trend | 5.6% |
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