| GBTC latest price $16.5100 (-3.39%) ($16.2400 - $17.0000) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.1% (three month average) |
RSI | 69 |
Latest Price | $16.5100(-3.39%) |
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 7.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) IBUY(31%) LIT(31%) IDRV(29%) ONLN(29%) BLOK(63%) |
Factors Impacting GBTC price | GBTC will decline at least -2.05% in a week (0% probabilities). UUP(-25%) VXX(-18%) VIXM(-8%) XLRE(-4%) XLU(-3%) |
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 | -2.05% (StdDev 4.1%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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