| GBTC latest price $12.2000 (-1.45%) ($12.0000 - $12.7800) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 64 |
Latest Price | $12.2000(-1.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 2.1% a day on average for past five trading days. |
Weekly Trend | GBTC advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(63%) LIT(31%) ARKK(30%) IBUY(30%) IDRV(30%) |
Factors Impacting GBTC price | GBTC will decline at least -2.275% 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. |
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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 | -2.6% |
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