Technical Analysis for GBTC - Bitcoin Invt TR

Grade Last Price % Change Price Change
grade A 13.45 5.82% 0.7400
GBTC closed up 5.82 percent on Friday, August 16, 2019, on 51 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Down
See historical GBTC trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Inside Day Range Contraction 5.82%
Fell Below 50 DMA Bearish 9.53%
MACD Bearish Signal Line Cross Bearish 9.53%
Down 3 Days in a Row Weakness 9.53%
Fell Below 20 DMA Bearish -0.52%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.52%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -7.88%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -9.61%
Narrow Range Bar Range Contraction -9.61%

Older signals for GBTC ...

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Profile
Bitcoin Investment Trust is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT's sponsor is Grayscale Investments, a wholly-owned subsidiary of Digital Currency Group.Each BIT share represented ownership of 0.1 bitcoins initially. The trust will not generate any income and regularly sells/distributes bitcoins to pay for its ongoing expenses. Therefore, the amount of bitcoin represented by each share gradually declines over time.
Cryptocurrencies Bitcoin Alternative Currencies Digital Currencies Legality Of Bitcoin By Country Or Territory Economics Of Bitcoin Financial Cryptography Digital Currency Group
Is GBTC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 17.4
52 Week Low 3.66
Average Volume 6,405,790
200-Day Moving Average 7.7267
50-Day Moving Average 13.3946
20-Day Moving Average 13.5315
10-Day Moving Average 14.028
Average True Range 1.04
ADX 15.13
+DI 22.4429
-DI 25.7585
Chandelier Exit (Long, 3 ATRs ) 12.63
Chandelier Exit (Short, 3 ATRs ) 15.16
Upper Bollinger Band 15.4218
Lower Bollinger Band 11.6412
Percent B (%b) 0.48
BandWidth 27.939253
MACD Line 0.0387
MACD Signal Line 0.1977
MACD Histogram -0.159
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.9950
Resistance 3 (R3) 14.8500 14.1900 14.7375
Resistance 2 (R2) 14.1900 13.7965 14.2625 14.6516
Resistance 1 (R1) 13.8200 13.5535 14.0050 13.9650 14.5658
Pivot Point 13.1600 13.1600 13.2525 13.2325 13.1600
Support 1 (S1) 12.7900 12.7665 12.9750 12.9350 12.3342
Support 2 (S2) 12.1300 12.5235 12.2025 12.2484
Support 3 (S3) 11.7600 12.1300 12.1625
Support 4 (S4) 11.9050