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Stock Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
GRAYSCALE BITCOIN TRUST (NASDAQ:GBTC)
Strong Downtrend (-100) - GBTC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBTC continues to fall. Traders should use caution and set stops.
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 DOWN since Jan 5th, 2022 at 33.20
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 27.35
The short-term trend has been DOWN since Jun 29th, 2022 at 13.15
Smart Scan Analysis for GBTC
Based on our trend formula, GBTC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.59 | 12.60 | 12.02 | 12.15 | -1.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.32 | 2402992 | 2022-06-30 10:14:01 |
| Year High | 27.21 | Year High Date | 2018-01-05 |
| Year Low | 4.37 | Year Low Date | 2018-11-26 |
| 52wk High | 55.05 | 52wk High Date | 2021-11-10 |
| 52wk Low | 12 | 52wk Low Date | 2022-06-17 |
| Average Volume | 8,574,613 | Shares Outstanding | 692,370 |
| Assets | 29,255,830M | Volatility | 91.05 |