Stock Price Trends

Campbell’s Co (CPB)

Campbell Soup Company (CPB) is a leading American manufacturer of processed foods and snacks, renowned for its diverse portfolio that includes iconic brands such as Campbell’s soups, Pepperidge Farm products, and V8 beverages. With a focus on innovation and quality, Campbell's emphasizes sustainable practices while responding to evolving consumer preferences for healthier and convenient meal solutions. The company operates globally, leveraging its strong distribution network and brand recognition to capture market share in the rapidly changing food industry. By aligning its strategic initiatives with key consumer trends, Campbell Soup Company is well-positioned for continued growth and profitability.

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 36.15% per annum.
  • CPB price at the close of November 5, 2025 was $30.10 and was higher than the top border of the primary price channel by $0.17 (0.56%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 29.13% per annum.
  • CPB price at the close of November 5, 2025 was lower than the bottom border of the secondary price channel by $2.35 (7.25%). This indicates a possible reversal in the secondary trend direction.
  • The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.

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 CPB 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: August 1, 2024
End date: September 2, 2025

a = 5.5670

b = -0.0012

s = 0.0376

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -36.15%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0376) – 1
= 16.21%

August 1, 2024 calculations

Top border of price channel:

Exp(Y937)
= Exp(a + b × X937 + 2 × s)
= Exp(a + b × 1,364 + 2 × s)
= Exp(5.5670 + -0.0012 × 1,364 + 2 × 0.0376)
= Exp(3.9656)
= $52.75

Bottom border of price channel:

Exp(Y937)
= Exp(a + b × X937 – 2 × s)
= Exp(a + b × 1,364 – 2 × s)
= Exp(5.5670 + -0.0012 × 1,364 – 2 × 0.0376)
= Exp(3.8153)
= $45.39

September 2, 2025 calculations

Top border of price channel:

Exp(Y1,208)
= Exp(a + b × X1,208 + 2 × s)
= Exp(a + b × 1,761 + 2 × s)
= Exp(5.5670 + -0.0012 × 1,761 + 2 × 0.0376)
= Exp(3.4776)
= $32.38

Bottom border of price channel:

Exp(Y1,208)
= Exp(a + b × X1,208 – 2 × s)
= Exp(a + b × 1,761 – 2 × s)
= Exp(5.5670 + -0.0012 × 1,761 – 2 × 0.0376)
= Exp(3.3273)
= $27.86

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 36.15% per annum.
  • CPB price at the close of November 5, 2025 was $30.10 and was higher than the top border of the primary price channel by $0.17 (0.56%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: June 11, 2025
End date: September 24, 2025

a = 2.2467

b = 0.0007

s = 0.0227

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 29.13%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0227) – 1
= 9.48%

June 11, 2025 calculations

Top border of price channel:

Exp(Y1,152)
= Exp(a + b × X1,152 + 2 × s)
= Exp(a + b × 1,678 + 2 × s)
= Exp(2.2467 + 0.0007 × 1,678 + 2 × 0.0227)
= Exp(3.4674)
= $32.05

Bottom border of price channel:

Exp(Y1,152)
= Exp(a + b × X1,152 – 2 × s)
= Exp(a + b × 1,678 – 2 × s)
= Exp(2.2467 + 0.0007 × 1,678 – 2 × 0.0227)
= Exp(3.3768)
= $29.28

September 24, 2025 calculations

Top border of price channel:

Exp(Y1,224)
= Exp(a + b × X1,224 + 2 × s)
= Exp(a + b × 1,783 + 2 × s)
= Exp(2.2467 + 0.0007 × 1,783 + 2 × 0.0227)
= Exp(3.5410)
= $34.50

Bottom border of price channel:

Exp(Y1,224)
= Exp(a + b × X1,224 – 2 × s)
= Exp(a + b × 1,783 – 2 × s)
= Exp(2.2467 + 0.0007 × 1,783 – 2 × 0.0227)
= Exp(3.4504)
= $31.51

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 29.13% per annum.
  • CPB price at the close of November 5, 2025 was lower than the bottom border of the secondary price channel by $2.35 (7.25%). This indicates a possible reversal in the secondary trend direction.