| GBTC latest price $12.8150 (4.83%) ($12.1200 - $13.1000) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 80 |
Latest Price | $12.8150(4.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 4% a day on average for past five trading days. |
Weekly Trend | GBTC advances 15.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(62%) ARKK(34%) IDRV(34%) ARKG(33%) LIT(33%) |
Factors Impacting GBTC price | GBTC will decline at least -2.325% in a week (0% probabilities). UUP(-30%) VXX(-23%) VIXM(-16%) 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 | -2.325% (StdDev 4.65%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
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