Stock Trend Analysis Report
Prepared for you on Sunday, January 17, 2021.
Bitcoin Invest Trust (NASDAQ:GBTC)
Long-Term Uptrend (+90) - GBTC is in a strong uptrend that is likely to continue. While GBTC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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 UP since Oct 13th, 2020 at 12.30
The short-term trend has been UP since Jan 14th, 2021 at 40.95
Smart Scan Analysis for GBTC
Based on our trend formula, GBTC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||27.21||Year High Date||2018-01-05|
|Year Low||4.37||Year Low Date||2018-11-26|
|52wk High||15.87||52wk High Date||2020-11-03|
|52wk Low||5.01||52wk Low Date||2020-03-16|
|Average Volume||7,624,011||Shares Outstanding||411,878|