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Stock Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
Grayscale Bitcoin Trust (BTC) Common Units of fractional undivided beneficial interest (PACF: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.
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MarketClub’s Trade Triangles for GBTC
The long-term trend has been UP since Nov 6th, 2024 at 58.6000
The intermediate-term trend has been UP since Sep 24th, 2024 at 50.9100
The short-term trend has been UP since Nov 29th, 2024 at 77.4479
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 77.3700 | 78.6199 | 77.1000 | 77.1200 | +0.3000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 77.0900 | 2866929 | 2024-11-29 12:59:25 |
| 52wk High | 79.34 | 52wk High Date | 2024-11-22 |
| 52wk Low | 27.097682 | 52wk Low Date | 2023-11-30 |
| Average Volume | 5,181,819 | Shares Outstanding | 337,337 |
| Assets | 263,504,700M | P/E Ratio | -106.10640000 |