| GBTC latest price $13.4000 (2.21%) ($13.1700 - $13.6700) on Fri. Aug. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 61 |
Latest Price | $13.4000(2.21%) |
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 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(63%) ARKK(34%) IDRV(34%) LIT(33%) ARKG(32%) |
Factors Impacting GBTC price | GBTC will decline at least -2.21% in a week (0% probabilities). UUP(-29%) VXX(-23%) VIXM(-16%) XLC(-5%) 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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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