GRAYSCALE BITCOIN Technical Analysis

GBTC -- USA Stock  

USD 8.79  0.02  0.23%

As of the 15th of December 2019 GRAYSCALE BITCOIN owns Market Risk Adjusted Performance of (0.08) and Coefficient Of Variation of (3,907). GRAYSCALE BITCOIN TRUST BTC technical analysis makes it possible for you to employ past data patterns with intention to determine a pattern that calculates the direction of the corporation future prices. Strictly speaking you can use this information to find out if the corporation will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for GRAYSCALE BITCOIN which can be compared to its peers in the sector. Please check out GRAYSCALE BITCOIN TRUST Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if GRAYSCALE BITCOIN TRUST BTC is priced favorably providing market reflects its prevailing price of 8.79 per share. Given that GRAYSCALE BITCOIN TRUST has Jensen Alpha of (0.33), we strongly advise you confirm GRAYSCALE BITCOIN latest market performance to make sure the company can sustain itself in the future.
Horizon     30 Days    Login   to change


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The output start index for this execution was fifty-eight with a total number of output elements of three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of GRAYSCALE BITCOIN TRUST volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.


Use this graph to draw trend lines for GRAYSCALE BITCOIN TRUST BTC. You can use it to identify possible trend reversals for GRAYSCALE BITCOIN as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual GRAYSCALE BITCOIN price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.


The following chart estimates an ordinary least squares regression model for GRAYSCALE BITCOIN TRUST BTC applied against its price change over selected period. The best fit line has a slop of   0.02  which may suggest that GRAYSCALE BITCOIN TRUST BTC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 21.29, which is the sum of squared deviations for the predicted GRAYSCALE BITCOIN price change compared to its average price change.

GRAYSCALE BITCOIN December 15, 2019 Technical Indicators

GRAYSCALE BITCOIN December 15, 2019 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.