Stock Price Trends

GE Vernova LLC (GEV)

GE Vernova LLC, an energy business company, generates electricity.

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 18.80% per annum.
  • GEV price at the close of April 24, 2025 was $360.49 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 60.17% per annum.
  • GEV price at the close of April 24, 2025 was higher than the top border of the secondary price channel by $17.26 (5.03%). This indicates a possible reversal in the secondary trend direction.

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 GEV 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 23, 2025

a = 5.9991

b = -0.0006

s = 0.0837

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -18.80%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0837) – 1
= 39.77%

November 6, 2024 calculations

Top border of price channel:

Exp(Y155)
= Exp(a + b × X155 + 2 × s)
= Exp(a + b × 224 + 2 × s)
= Exp(5.9991 + -0.0006 × 224 + 2 × 0.0837)
= Exp(6.0387)
= $419.37

Bottom border of price channel:

Exp(Y155)
= Exp(a + b × X155 – 2 × s)
= Exp(a + b × 224 – 2 × s)
= Exp(5.9991 + -0.0006 × 224 – 2 × 0.0837)
= Exp(5.7039)
= $300.04

April 23, 2025 calculations

Top border of price channel:

Exp(Y268)
= Exp(a + b × X268 + 2 × s)
= Exp(a + b × 392 + 2 × s)
= Exp(5.9991 + -0.0006 × 392 + 2 × 0.0837)
= Exp(5.9429)
= $381.04

Bottom border of price channel:

Exp(Y268)
= Exp(a + b × X268 – 2 × s)
= Exp(a + b × 392 – 2 × s)
= Exp(5.9991 + -0.0006 × 392 – 2 × 0.0837)
= Exp(5.6081)
= $272.62

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 18.80% per annum.
  • GEV price at the close of April 24, 2025 was $360.49 and was inside the primary price channel.

Secondary Trend

Start date: January 6, 2025
End date: April 23, 2025

a = 6.6806

b = -0.0025

s = 0.0744

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0025) – 1
= -60.17%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0744) – 1
= 34.69%

January 6, 2025 calculations

Top border of price channel:

Exp(Y195)
= Exp(a + b × X195 + 2 × s)
= Exp(a + b × 285 + 2 × s)
= Exp(6.6806 + -0.0025 × 285 + 2 × 0.0744)
= Exp(6.1108)
= $450.68

Bottom border of price channel:

Exp(Y195)
= Exp(a + b × X195 – 2 × s)
= Exp(a + b × 285 – 2 × s)
= Exp(6.6806 + -0.0025 × 285 – 2 × 0.0744)
= Exp(5.8130)
= $334.62

April 23, 2025 calculations

Top border of price channel:

Exp(Y268)
= Exp(a + b × X268 + 2 × s)
= Exp(a + b × 392 + 2 × s)
= Exp(6.6806 + -0.0025 × 392 + 2 × 0.0744)
= Exp(5.8409)
= $344.10

Bottom border of price channel:

Exp(Y268)
= Exp(a + b × X268 – 2 × s)
= Exp(a + b × 392 – 2 × s)
= Exp(6.6806 + -0.0025 × 392 – 2 × 0.0744)
= Exp(5.5432)
= $255.48

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 60.17% per annum.
  • GEV price at the close of April 24, 2025 was higher than the top border of the secondary price channel by $17.26 (5.03%). This indicates a possible reversal in the secondary trend direction.

See Also

Symbol

Company name

AZZ
AZZ Incorporated