| GBTC latest price $24.0000 (2.61%) ($23.5300 - $24.1200) on Thu. Dec. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 71 |
Latest Price | $24.0000(2.61%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 2.9% a day on average for past five trading days. |
Weekly Trend | GBTC advances 9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(63%) IWC(30%) LIT(30%) IDRV(29%) ARKG(28%) |
Factors Impacting GBTC price | GBTC will decline at least -2.415% in a week (0% probabilities). UUP(-24%) VXX(-19%) VIXM(-12%) TLT(-7%) XLRE(-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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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