| GBTC latest price $37.4000 (-15.8%) ($35.8500 - $39.7000) on Mon. Jan. 11, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.16% (three month average) |
RSI | 66 |
Latest Price | $37.4000(-15.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 1.1% a day on average for past five trading days. |
Weekly Trend | GBTC advances 21.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(64%) IGOV(42%) OIH(37%) ARKG(36%) BNDX(78%) |
Factors Impacting GBTC price | GBTC will decline at least -3.08% in a week (0% probabilities). UUP(-30%) VXX(-22%) VIXM(-15%) TLT(-10%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.08% (StdDev 6.16%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|