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Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
GRAYSCALE BITCOIN TRUST (NASDAQ:GBTC)
Crossroads (+60) - GBTC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBTC
The long-term trend has been DOWN since Jan 5th, 2022 at 33.20
The intermediate-term trend has been UP since Jul 18th, 2022 at 14.12
The short-term trend has been UP since Aug 8th, 2022 at 14.70
Smart Scan Analysis for GBTC
Based on our trend formula, GBTC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.185 | 15.300 | 15.000 | 15.070 | -0.150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.220 | 2418096 | 2022-08-15 15:59:54 |
| Year High | 27.21 | Year High Date | 2018-01-05 |
| Year Low | 4.37 | Year Low Date | 2018-11-26 |
| 52wk High | 55.05 | 52wk High Date | 2021-11-10 |
| 52wk Low | 11.92 | 52wk Low Date | 2022-07-13 |
| Average Volume | 3,951,223 | Shares Outstanding | 692,370 |
| Assets | 29,255,830M | Volatility | 91.05 |