Motorola Solutions Inc (MSI)
Motorola Solutions, Inc., is an American data communications and telecommunications equipment provider that succeeded Motorola, Inc., following the spinoff of the mobile phone division into Motorola Mobility in 2011. The company is headquartered in Chicago, Illinois.
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 88.28% per annum.
- MSI price at the close of November 19, 2024 was $487.46 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 964.43% per annum.
- MSI price at the close of November 19, 2024 was lower than the bottom border of the secondary price channel by $7.70 (1.55%). 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 MSI 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: April 12, 2024
End date: October 25, 2024
a = 3.0348
b = 0.0017
s = 0.0149
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 88.28%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0149) – 1
= 6.15%
April 12, 2024 calculations
Top border of price channel:
Exp(Y1,104)
= Exp(a + b × X1,104 + 2 × s)
= Exp(a + b × 1,605 + 2 × s)
= Exp(3.0348 + 0.0017 × 1,605 + 2 × 0.0149)
= Exp(5.8470)
= $346.18
Bottom border of price channel:
Exp(Y1,104)
= Exp(a + b × X1,104 – 2 × s)
= Exp(a + b × 1,605 – 2 × s)
= Exp(3.0348 + 0.0017 × 1,605 – 2 × 0.0149)
= Exp(5.7873)
= $326.13
October 25, 2024 calculations
Top border of price channel:
Exp(Y1,240)
= Exp(a + b × X1,240 + 2 × s)
= Exp(a + b × 1,801 + 2 × s)
= Exp(3.0348 + 0.0017 × 1,801 + 2 × 0.0149)
= Exp(6.1867)
= $486.26
Bottom border of price channel:
Exp(Y1,240)
= Exp(a + b × X1,240 – 2 × s)
= Exp(a + b × 1,801 – 2 × s)
= Exp(3.0348 + 0.0017 × 1,801 – 2 × 0.0149)
= Exp(6.1271)
= $458.09
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 88.28% per annum.
- MSI price at the close of November 19, 2024 was $487.46 and was inside the primary price channel.
Secondary Trend
Start date: October 28, 2024
End date: November 14, 2024
a = -5.5852
b = 0.0065
s = 0.0208
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0065) – 1
= 964.43%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0208) – 1
= 8.67%
October 28, 2024 calculations
Top border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 + 2 × s)
= Exp(a + b × 1,804 + 2 × s)
= Exp(-5.5852 + 0.0065 × 1,804 + 2 × 0.0208)
= Exp(6.1455)
= $466.60
Bottom border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 – 2 × s)
= Exp(a + b × 1,804 – 2 × s)
= Exp(-5.5852 + 0.0065 × 1,804 – 2 × 0.0208)
= Exp(6.0623)
= $429.37
November 14, 2024 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,821 + 2 × s)
= Exp(-5.5852 + 0.0065 × 1,821 + 2 × 0.0208)
= Exp(6.2556)
= $520.93
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,821 – 2 × s)
= Exp(-5.5852 + 0.0065 × 1,821 – 2 × 0.0208)
= Exp(6.1725)
= $479.37
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 964.43% per annum.
- MSI price at the close of November 19, 2024 was lower than the bottom border of the secondary price channel by $7.70 (1.55%). This indicates a possible reversal in the secondary trend direction.