Ingersoll Rand Inc (IR)
Ingersoll Rand Inc., founded in 1859, is an American worldwide provider of industrial equipment, technologies and related parts and services to a broad and diverse customer base through a family of brands.
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 42.21% per annum.
- IR price at the close of June 27, 2025 was $84.27 and was higher than the top border of the primary price channel by $6.21 (7.95%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 181.37% per annum.
- IR price at the close of June 27, 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 IR 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: September 19, 2024
End date: May 9, 2025
a = 6.9879
b = -0.0015
s = 0.0541
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -42.21%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0541) – 1
= 24.17%
September 19, 2024 calculations
Top border of price channel:
Exp(Y1,062)
= Exp(a + b × X1,062 + 2 × s)
= Exp(a + b × 1,542 + 2 × s)
= Exp(6.9879 + -0.0015 × 1,542 + 2 × 0.0541)
= Exp(4.7796)
= $119.06
Bottom border of price channel:
Exp(Y1,062)
= Exp(a + b × X1,062 – 2 × s)
= Exp(a + b × 1,542 – 2 × s)
= Exp(6.9879 + -0.0015 × 1,542 – 2 × 0.0541)
= Exp(4.5632)
= $95.89
May 9, 2025 calculations
Top border of price channel:
Exp(Y1,221)
= Exp(a + b × X1,221 + 2 × s)
= Exp(a + b × 1,774 + 2 × s)
= Exp(6.9879 + -0.0015 × 1,774 + 2 × 0.0541)
= Exp(4.4311)
= $84.03
Bottom border of price channel:
Exp(Y1,221)
= Exp(a + b × X1,221 – 2 × s)
= Exp(a + b × 1,774 – 2 × s)
= Exp(6.9879 + -0.0015 × 1,774 – 2 × 0.0541)
= Exp(4.2147)
= $67.67
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 42.21% per annum.
- IR price at the close of June 27, 2025 was $84.27 and was higher than the top border of the primary price channel by $6.21 (7.95%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 3, 2025
End date: June 12, 2025
a = -0.6729
b = 0.0028
s = 0.0302
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0028) – 1
= 181.37%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0302) – 1
= 12.82%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,196)
= Exp(a + b × X1,196 + 2 × s)
= Exp(a + b × 1,738 + 2 × s)
= Exp(-0.6729 + 0.0028 × 1,738 + 2 × 0.0302)
= Exp(4.3133)
= $74.69
Bottom border of price channel:
Exp(Y1,196)
= Exp(a + b × X1,196 – 2 × s)
= Exp(a + b × 1,738 – 2 × s)
= Exp(-0.6729 + 0.0028 × 1,738 – 2 × 0.0302)
= Exp(4.1927)
= $66.20
June 12, 2025 calculations
Top border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 + 2 × s)
= Exp(a + b × 1,808 + 2 × s)
= Exp(-0.6729 + 0.0028 × 1,808 + 2 × 0.0302)
= Exp(4.5117)
= $91.08
Bottom border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 – 2 × s)
= Exp(a + b × 1,808 – 2 × s)
= Exp(-0.6729 + 0.0028 × 1,808 – 2 × 0.0302)
= Exp(4.3911)
= $80.73
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 181.37% per annum.
- IR price at the close of June 27, 2025 was inside the secondary price channel.