| GBTC latest price $50.0400 (-1.53%) ($49.7600 - $50.9900) on Wed. Mar. 31, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.66% (three month average) |
RSI | 46 |
Latest Price | $50.0400(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 2.1% a day on average for past five trading days. |
Weekly Trend | GBTC declines -2.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) OIH(88%) GDXJ(23%) EEM(21%) XLP(20%) XOP(51%) |
Factors Impacting GBTC price | GBTC will decline at least -3.33% in a week (0% probabilities). ACES(-32%) VFMO(1%) IWO(-1%) IYT(0%) JETS(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.33% (StdDev 6.66%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|