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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.

NASDAQ_GBTC
Open High Low GBTC Price Change
46.160 48.320 46.000 46.870 +1.665
Entry Signal

MarketClub’s Trade Triangles for GBTC

long term up The long-term trend has been UP since Jun 2nd, 2020 at 12.38

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2021 at 47.05

short term up 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).

-55
Smart Scan Analysis for GBTC
Strong Downtrend Sideways 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 High27.21Year High Date2018-01-05
Year Low4.37Year Low Date2018-11-26
52wk High58.2252wk High Date2021-02-19
52wk Low9.1352wk Low Date2020-07-17
Average Volume8,787,960Shares Outstanding692,314
Assets177,164,777MVolatility91.05
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