| GBTC latest price $7.3500 (-2.65%) ($7.2500 - $7.6700) on Wed. Mar. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.79% (three month average) |
RSI | 34 |
Latest Price | $7.3500(-2.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 3.9% a day on average for past five trading days. |
Weekly Trend | GBTC declines -13.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(59%) ARKK(37%) ARKG(34%) IBUY(34%) IDRV(34%) |
Factors Impacting GBTC price | GBTC will decline at least -3.395% in a week (0% probabilities). VXX(-29%) VIXM(-24%) IGOV(-11%) UUP(-8%) TLT(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.395% (StdDev 6.79%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
| |
|
|