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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.

NASDAQ_GBTC
Open High Low GBTC Price Change
15.185 15.300 15.000 15.070 -0.150
Entry Signal

MarketClub’s Trade Triangles for GBTC

long term down The long-term trend has been DOWN since Jan 5th, 2022 at 33.20

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 14.12

short term up 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).

+60
Smart Scan Analysis for GBTC
Strong Downtrend Sideways 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 High27.21Year High Date2018-01-05
Year Low4.37Year Low Date2018-11-26
52wk High55.0552wk High Date2021-11-10
52wk Low11.9252wk Low Date2022-07-13
Average Volume3,951,223Shares Outstanding692,370
Assets29,255,830MVolatility91.05
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