| GBTC latest price $11.3300 (3.94%) ($10.9000 - $11.3800) on Thu. Jan. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 69 |
Latest Price | $11.3300(3.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 4.8% a day on average for past five trading days. |
Weekly Trend | GBTC advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(61%) ARKK(41%) ARKG(40%) VFMO(40%) IBUY(39%) |
Factors Impacting GBTC price | GBTC will decline at least -1.905% in a week (0% probabilities). VXX(-34%) VIXM(-29%) SHY(-12%) TLT(-11%) UUP(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.905% (StdDev 3.81%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
| |
|
|