| GBTC latest price $15.8700 (2.92%) ($15.2900 - $16.1000) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 82 |
Latest Price | $15.8700(2.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 1.2% a day on average for past five trading days. |
Weekly Trend | GBTC advances 8.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(63%) ARKG(32%) LIT(32%) ARKK(31%) IBUY(31%) |
Factors Impacting GBTC price | GBTC will decline at least -2.105% in a week (0% probabilities). UUP(-27%) VXX(-19%) VIXM(-10%) XLRE(-3%) TBT(-2%) |
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 | -2.105% (StdDev 4.21%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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