CSW Industrials Inc (CSWI)
CSW Industrials, Inc. is a diversified industrial company in the United States and internationally. The company is headquartered in Dallas, Texas.
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 65.68% per annum.
- CSWI price at the close of April 17, 2025 was $298.43 and was higher than the top border of the primary price channel by $5.19 (1.77%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 4,218.04% per annum.
- CSWI price at the close of April 17, 2025 was inside the secondary price channel.
- 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 CSWI 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: November 6, 2024
End date: April 10, 2025
a = 10.9377
b = -0.0029
s = 0.0426
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0029) – 1
= -65.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0426) – 1
= 18.57%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,146)
= Exp(a + b × X1,146 + 2 × s)
= Exp(a + b × 1,661 + 2 × s)
= Exp(10.9377 + -0.0029 × 1,661 + 2 × 0.0426)
= Exp(6.1557)
= $471.40
Bottom border of price channel:
Exp(Y1,146)
= Exp(a + b × X1,146 – 2 × s)
= Exp(a + b × 1,661 – 2 × s)
= Exp(10.9377 + -0.0029 × 1,661 – 2 × 0.0426)
= Exp(5.9854)
= $397.56
April 10, 2025 calculations
Top border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 + 2 × s)
= Exp(a + b × 1,816 + 2 × s)
= Exp(10.9377 + -0.0029 × 1,816 + 2 × 0.0426)
= Exp(5.7015)
= $299.32
Bottom border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 – 2 × s)
= Exp(a + b × 1,816 – 2 × s)
= Exp(10.9377 + -0.0029 × 1,816 – 2 × 0.0426)
= Exp(5.5312)
= $252.44
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 65.68% per annum.
- CSWI price at the close of April 17, 2025 was $298.43 and was higher than the top border of the primary price channel by $5.19 (1.77%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 3, 2025
End date: April 17, 2025
a = -13.0939
b = 0.0103
s = 0.0388
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0103) – 1
= 4,218.04%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0388) – 1
= 16.81%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 + 2 × s)
= Exp(a + b × 1,809 + 2 × s)
= Exp(-13.0939 + 0.0103 × 1,809 + 2 × 0.0388)
= Exp(5.6457)
= $283.07
Bottom border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 – 2 × s)
= Exp(a + b × 1,809 – 2 × s)
= Exp(-13.0939 + 0.0103 × 1,809 – 2 × 0.0388)
= Exp(5.4903)
= $242.34
April 17, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(-13.0939 + 0.0103 × 1,823 + 2 × 0.0388)
= Exp(5.7901)
= $327.06
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(-13.0939 + 0.0103 × 1,823 – 2 × 0.0388)
= Exp(5.6348)
= $280.00
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 4,218.04% per annum.
- CSWI price at the close of April 17, 2025 was inside the secondary price channel.