Applied Materials Inc (AMAT)
Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor (integrated circuit) chips for electronics, flat panel displays for computers, smartphones and televisions, and solar products. The company also supplies equipment to produce coatings for flexible electronics, packaging and other applications. The company is headquartered in Santa Clara, California, in Silicon Valley.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 35.65% per annum.
- AMAT price at the close of March 28, 2025 was $145.06 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 75.43% per annum.
- AMAT price at the close of March 28, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of AMAT price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 15, 2024
End date: March 28, 2025
a = 7.2514
b = -0.0012
s = 0.0644
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -35.65%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0644) – 1
= 29.40%
May 15, 2024 calculations
Top border of price channel:
Exp(Y1,038)
= Exp(a + b × X1,038 + 2 × s)
= Exp(a + b × 1,506 + 2 × s)
= Exp(7.2514 + -0.0012 × 1,506 + 2 × 0.0644)
= Exp(5.5612)
= $260.14
Bottom border of price channel:
Exp(Y1,038)
= Exp(a + b × X1,038 – 2 × s)
= Exp(a + b × 1,506 – 2 × s)
= Exp(7.2514 + -0.0012 × 1,506 – 2 × 0.0644)
= Exp(5.3035)
= $201.03
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.2514 + -0.0012 × 1,823 + 2 × 0.0644)
= Exp(5.1783)
= $177.39
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.2514 + -0.0012 × 1,823 – 2 × 0.0644)
= Exp(4.9206)
= $137.08
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 35.65% per annum.
- AMAT price at the close of March 28, 2025 was $145.06 and was inside the primary price channel.
Secondary Trend
Start date: January 16, 2025
End date: March 28, 2025
a = 11.9951
b = -0.0038
s = 0.0339
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0038) – 1
= -75.43%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0339) – 1
= 14.53%
January 16, 2025 calculations
Top border of price channel:
Exp(Y1,206)
= Exp(a + b × X1,206 + 2 × s)
= Exp(a + b × 1,752 + 2 × s)
= Exp(11.9951 + -0.0038 × 1,752 + 2 × 0.0339)
= Exp(5.3264)
= $205.70
Bottom border of price channel:
Exp(Y1,206)
= Exp(a + b × X1,206 – 2 × s)
= Exp(a + b × 1,752 – 2 × s)
= Exp(11.9951 + -0.0038 × 1,752 – 2 × 0.0339)
= Exp(5.1908)
= $179.61
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(11.9951 + -0.0038 × 1,823 + 2 × 0.0339)
= Exp(5.0534)
= $156.56
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(11.9951 + -0.0038 × 1,823 – 2 × 0.0339)
= Exp(4.9178)
= $136.70
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 75.43% per annum.
- AMAT price at the close of March 28, 2025 was inside the secondary price channel.