| GBTC latest price $11.8600 (8.11%) ($11.2700 - $11.9900) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 50 |
Latest Price | $11.8600(8.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 1.7% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(63%) LIT(30%) ARKG(29%) ARKK(29%) IBUY(29%) |
Factors Impacting GBTC price | GBTC will decline at least -2.245% in a week (0% probabilities). UUP(-27%) VXX(-20%) VIXM(-11%) XLRE(-1%) TBT(-1%) |
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 | -2.245% (StdDev 4.49%) |
Hourly BBV | 0 () |
Intraday Trend | 5% |
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