| GBTC latest price $18.8600 (5.01%) ($18.2400 - $18.8600) on Mon. Nov. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 70 |
Latest Price | $18.8600(5.01%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 2% a day on average for past five trading days. |
Weekly Trend | GBTC advances 7.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) ARKG(30%) LIT(30%) IDRV(29%) IWC(29%) ONLN(28%) |
Factors Impacting GBTC price | GBTC will decline at least -2.025% in a week (0% probabilities). UUP(-26%) VXX(-18%) VIXM(-9%) 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 | -2.025% (StdDev 4.05%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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