| GBTC latest price $14.3800 (-1.68%) ($14.0600 - $14.7800) on Fri. Oct. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 77 |
Latest Price | $14.3800(-1.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 2.9% a day on average for past five trading days. |
Weekly Trend | GBTC advances 10.8% a week on average for past two weeks. |
Market Behavior | Normal 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(31%) ARKG(30%) ARKK(30%) IBUY(30%) |
Factors Impacting GBTC price | GBTC will decline at least -2.29% in a week (0% probabilities). UUP(-27%) VXX(-19%) VIXM(-11%) XLRE(-4%) XLU(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.29% (StdDev 4.58%) |
Hourly BBV | 0 () |
Intraday Trend | -2.7% |
| |
|
|