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Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Bitcoin Invest Trust (NASDAQ:GBTC)
Sidelines Mode (-55) - GBTC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Jun 2nd, 2020 at 12.38
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 47.05
The short-term trend has been UP since May 3rd, 2021 at 47.29
Smart Scan Analysis for GBTC
Based on our trend formula, GBTC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.160 | 48.320 | 46.000 | 46.870 | +1.665 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.880 | 7315013 | 2021-05-07 15:59:50 |
| Year High | 27.21 | Year High Date | 2018-01-05 |
| Year Low | 4.37 | Year Low Date | 2018-11-26 |
| 52wk High | 58.22 | 52wk High Date | 2021-02-19 |
| 52wk Low | 9.13 | 52wk Low Date | 2020-07-17 |
| Average Volume | 8,787,960 | Shares Outstanding | 692,314 |
| Assets | 177,164,777M | Volatility | 91.05 |