| GBTC latest price $15.3800 (0.79%) ($14.8800 - $15.5300) on Fri. Oct. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.26% (three month average) |
RSI | 74 |
Latest Price | $15.3800(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 1.3% a day on average for past five trading days. |
Weekly Trend | GBTC advances 10.2% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) ARKK(31%) LIT(31%) ARKG(30%) BWX(29%) |
Factors Impacting GBTC price | GBTC will decline at least -2.13% in a week (0% probabilities). UUP(-28%) VXX(-19%) VIXM(-11%) XLRE(-4%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.13% (StdDev 4.26%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|