Synaptics Incorporated (SYNA)
Synaptics Incorporated develops, markets and sells intuitive human interface solutions for electronic devices and products globally. The company is headquartered in San Jose, California.
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 25.97% per annum.
- SYNA price at the close of March 28, 2025 was $63.06 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 13.00% per annum.
- SYNA price at the close of March 28, 2025 was inside the secondary price channel.
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 SYNA 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: August 6, 2021
End date: March 28, 2025
a = 5.6636
b = -0.0008
s = 0.1981
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -25.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1981) – 1
= 120.91%
August 6, 2021 calculations
Top border of price channel:
Exp(Y341)
= Exp(a + b × X341 + 2 × s)
= Exp(a + b × 493 + 2 × s)
= Exp(5.6636 + -0.0008 × 493 + 2 × 0.1981)
= Exp(5.6537)
= $285.33
Bottom border of price channel:
Exp(Y341)
= Exp(a + b × X341 – 2 × s)
= Exp(a + b × 493 – 2 × s)
= Exp(5.6636 + -0.0008 × 493 – 2 × 0.1981)
= Exp(4.8611)
= $129.16
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(5.6636 + -0.0008 × 1,823 + 2 × 0.1981)
= Exp(4.5578)
= $95.38
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(5.6636 + -0.0008 × 1,823 – 2 × 0.1981)
= Exp(3.7652)
= $43.17
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 25.97% per annum.
- SYNA price at the close of March 28, 2025 was $63.06 and was inside the primary price channel.
Secondary Trend
Start date: August 30, 2022
End date: March 28, 2025
a = 5.0204
b = -0.0004
s = 0.1207
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0004) – 1
= -13.00%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1207) – 1
= 62.04%
August 30, 2022 calculations
Top border of price channel:
Exp(Y609)
= Exp(a + b × X609 + 2 × s)
= Exp(a + b × 882 + 2 × s)
= Exp(5.0204 + -0.0004 × 882 + 2 × 0.1207)
= Exp(4.9252)
= $137.72
Bottom border of price channel:
Exp(Y609)
= Exp(a + b × X609 – 2 × s)
= Exp(a + b × 882 – 2 × s)
= Exp(5.0204 + -0.0004 × 882 – 2 × 0.1207)
= Exp(4.4425)
= $84.99
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(5.0204 + -0.0004 × 1,823 + 2 × 0.1207)
= Exp(4.5662)
= $96.18
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(5.0204 + -0.0004 × 1,823 – 2 × 0.1207)
= Exp(4.0836)
= $59.36
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 13.00% per annum.
- SYNA price at the close of March 28, 2025 was inside the secondary price channel.