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Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
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 UP since Feb 2nd, 2023 at 12.82
The intermediate-term trend has been DOWN since Apr 24th, 2023 at 15.16
The short-term trend has been DOWN since Jun 5th, 2023 at 13.71
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 |
|---|---|---|---|---|
| 14.22 | 14.26 | 13.39 | 13.61 | -0.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.38 | 1752523 | 2023-06-05 15:58:39 |
| Year High | 27.21 | Year High Date | 2018-01-05 |
| Year Low | 4.37 | Year Low Date | 2018-11-26 |
| 52wk High | 20.75 | 52wk High Date | 2022-06-06 |
| 52wk Low | 7.46 | 52wk Low Date | 2022-11-21 |
| Average Volume | 1,700,283 | Shares Outstanding | 692,370 |
| Assets | 104,642,630M | Volatility | 91.05 |