| GBTC latest price $14.1600 (3.28%) ($13.7900 - $14.3100) on Thu. Aug. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 60 |
Latest Price | $14.1600(3.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 1.5% a day on average for past five trading days. |
Weekly Trend | GBTC advances 2.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(63%) ARKK(33%) IDRV(33%) LIT(33%) ARKG(32%) |
Factors Impacting GBTC price | GBTC will decline at least -2.275% 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 | -2.275% (StdDev 4.55%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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