| GBTC latest price $52.3000 (3.73%) ($50.4700 - $52.4300) on Thu. Mar. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7% (three month average) |
RSI | 44 |
Latest Price | $52.3000(3.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | GBTC advances 4.7% a day on average for past five trading days. |
Weekly Trend | GBTC declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GBTC advance at 0% a week (0% probability) GLD(50%) BLOK(48%) IBUY(42%) FXI(68%) MCHI(45%) |
Factors Impacting GBTC price | GBTC will decline at least -3.5% in a week (0% probabilities). ACES(7%) PEJ(11%) TBT(-26%) TAN(1%) UNG(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 | -3.5% (StdDev 7%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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