| GBTC latest price $12.3800 (-2.25%) ($12.1500 - $12.5600) on Tue. Oct. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 72 |
Latest Price | $12.3800(-2.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 2.7% a day on average for past five trading days. |
Weekly Trend | GBTC advances 4.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(63%) LIT(31%) ARKK(30%) IBUY(30%) IDRV(30%) |
Factors Impacting GBTC price | GBTC will decline at least -2.27% in a week (0% probabilities). UUP(-28%) VXX(-20%) VIXM(-11%) XLRE(-1%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.27% (StdDev 4.54%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
| |
|
|