Universal Display (OLED)
Universal Display Corporation is dedicated to the research, development and commercialization of organic light-emitting diode (OLED) technologies and materials for use in solid-state lighting and display applications. The company is headquartered in Ewing, New Jersey.
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 32.97% per annum.
- OLED price at the close of July 14, 2025 was $153.05 and was lower than the bottom border of the primary price channel by $55.65 (26.66%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 45.65% per annum.
- OLED price at the close of July 14, 2025 was higher than the top border of the secondary price channel by $16.82 (12.35%). This indicates a possible reversal in the secondary trend direction.
- 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 OLED 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 21, 2022
End date: October 30, 2024
a = 4.1088
b = 0.0008
s = 0.0963
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0963) – 1
= 47.00%
April 21, 2022 calculations
Top border of price channel:
Exp(Y446)
= Exp(a + b × X446 + 2 × s)
= Exp(a + b × 645 + 2 × s)
= Exp(4.1088 + 0.0008 × 645 + 2 × 0.0963)
= Exp(4.8050)
= $122.11
Bottom border of price channel:
Exp(Y446)
= Exp(a + b × X446 – 2 × s)
= Exp(a + b × 645 – 2 × s)
= Exp(4.1088 + 0.0008 × 645 – 2 × 0.0963)
= Exp(4.4197)
= $83.07
October 30, 2024 calculations
Top border of price channel:
Exp(Y1,081)
= Exp(a + b × X1,081 + 2 × s)
= Exp(a + b × 1,568 + 2 × s)
= Exp(4.1088 + 0.0008 × 1,568 + 2 × 0.0963)
= Exp(5.5255)
= $251.01
Bottom border of price channel:
Exp(Y1,081)
= Exp(a + b × X1,081 – 2 × s)
= Exp(a + b × 1,568 – 2 × s)
= Exp(4.1088 + 0.0008 × 1,568 – 2 × 0.0963)
= Exp(5.1403)
= $170.76
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 32.97% per annum.
- OLED price at the close of July 14, 2025 was $153.05 and was lower than the bottom border of the primary price channel by $55.65 (26.66%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: June 10, 2024
End date: May 9, 2025
a = 7.7868
b = -0.0017
s = 0.0882
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0017) – 1
= -45.65%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0882) – 1
= 42.33%
June 10, 2024 calculations
Top border of price channel:
Exp(Y982)
= Exp(a + b × X982 + 2 × s)
= Exp(a + b × 1,426 + 2 × s)
= Exp(7.7868 + -0.0017 × 1,426 + 2 × 0.0882)
= Exp(5.5809)
= $265.32
Bottom border of price channel:
Exp(Y982)
= Exp(a + b × X982 – 2 × s)
= Exp(a + b × 1,426 – 2 × s)
= Exp(7.7868 + -0.0017 × 1,426 – 2 × 0.0882)
= Exp(5.2280)
= $186.41
May 9, 2025 calculations
Top border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 + 2 × s)
= Exp(a + b × 1,759 + 2 × s)
= Exp(7.7868 + -0.0017 × 1,759 + 2 × 0.0882)
= Exp(5.0246)
= $152.11
Bottom border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 – 2 × s)
= Exp(a + b × 1,759 – 2 × s)
= Exp(7.7868 + -0.0017 × 1,759 – 2 × 0.0882)
= Exp(4.6716)
= $106.87
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 45.65% per annum.
- OLED price at the close of July 14, 2025 was higher than the top border of the secondary price channel by $16.82 (12.35%). This indicates a possible reversal in the secondary trend direction.