| GBTC latest price $23.2200 (-3.25%) ($22.7200 - $23.9000) on Fri. Dec. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.86% (three month average) |
RSI | 70 |
Latest Price | $23.2200(-3.25%) |
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 advances 10.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) BLOK(63%) IWC(31%) LIT(31%) ARKG(29%) IDRV(29%) |
Factors Impacting GBTC price | GBTC will decline at least -2.43% in a week (0% probabilities). UUP(-26%) VXX(-19%) VIXM(-12%) TLT(-6%) XLRE(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.43% (StdDev 4.86%) |
Hourly BBV | 0 () |
Intraday Trend | -2.8% |
| |
|
|