Kyndryl Holdings Inc (KD)
None
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 64.27% per annum.
- KD price at the close of March 31, 2025 was $31.40 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 85.21% per annum.
- KD price at the close of March 31, 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 KD 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: June 10, 2022
End date: March 31, 2025
a = 1.8665
b = 0.0014
s = 0.1190
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 64.27%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1190) – 1
= 60.98%
June 10, 2022 calculations
Top border of price channel:
Exp(Y159)
= Exp(a + b × X159 + 2 × s)
= Exp(a + b × 231 + 2 × s)
= Exp(1.8665 + 0.0014 × 231 + 2 × 0.1190)
= Exp(2.4187)
= $11.23
Bottom border of price channel:
Exp(Y159)
= Exp(a + b × X159 – 2 × s)
= Exp(a + b × 231 – 2 × s)
= Exp(1.8665 + 0.0014 × 231 – 2 × 0.1190)
= Exp(1.9426)
= $6.98
March 31, 2025 calculations
Top border of price channel:
Exp(Y861)
= Exp(a + b × X861 + 2 × s)
= Exp(a + b × 1,256 + 2 × s)
= Exp(1.8665 + 0.0014 × 1,256 + 2 × 0.1190)
= Exp(3.8125)
= $45.26
Bottom border of price channel:
Exp(Y861)
= Exp(a + b × X861 – 2 × s)
= Exp(a + b × 1,256 – 2 × s)
= Exp(1.8665 + 0.0014 × 1,256 – 2 × 0.1190)
= Exp(3.3364)
= $28.12
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 64.27% per annum.
- KD price at the close of March 31, 2025 was $31.40 and was inside the primary price channel.
Secondary Trend
Start date: February 5, 2025
End date: March 31, 2025
a = 10.0464
b = -0.0052
s = 0.0300
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0052) – 1
= -85.21%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0300) – 1
= 12.75%
February 5, 2025 calculations
Top border of price channel:
Exp(Y824)
= Exp(a + b × X824 + 2 × s)
= Exp(a + b × 1,202 + 2 × s)
= Exp(10.0464 + -0.0052 × 1,202 + 2 × 0.0300)
= Exp(3.8117)
= $45.23
Bottom border of price channel:
Exp(Y824)
= Exp(a + b × X824 – 2 × s)
= Exp(a + b × 1,202 – 2 × s)
= Exp(10.0464 + -0.0052 × 1,202 – 2 × 0.0300)
= Exp(3.6917)
= $40.11
March 31, 2025 calculations
Top border of price channel:
Exp(Y861)
= Exp(a + b × X861 + 2 × s)
= Exp(a + b × 1,256 + 2 × s)
= Exp(10.0464 + -0.0052 × 1,256 + 2 × 0.0300)
= Exp(3.5289)
= $34.09
Bottom border of price channel:
Exp(Y861)
= Exp(a + b × X861 – 2 × s)
= Exp(a + b × 1,256 – 2 × s)
= Exp(10.0464 + -0.0052 × 1,256 – 2 × 0.0300)
= Exp(3.4089)
= $30.23
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 85.21% per annum.
- KD price at the close of March 31, 2025 was inside the secondary price channel.