TechTarget, Inc. Common Stock (TTGT)
TechTarget, Inc. provides business impact sales and marketing services for business technology companies in North America and internationally. The company is headquartered in Newton, Massachusetts.
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 1,485.47% per annum.
- TTGT price at the close of March 31, 2025 was $14.81 and was lower than the bottom border of the primary price channel by $0.13 (0.88%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 762.87% per annum.
- TTGT price at the close of March 31, 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 TTGT 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: March 10, 2025
End date: March 27, 2025
a = 1.8527
b = 0.0076
s = 0.0210
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0076) – 1
= 1,485.47%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0210) – 1
= 8.75%
March 10, 2025 calculations
Top border of price channel:
Exp(Y64)
= Exp(a + b × X64 + 2 × s)
= Exp(a + b × 97 + 2 × s)
= Exp(1.8527 + 0.0076 × 97 + 2 × 0.0210)
= Exp(2.6290)
= $13.86
Bottom border of price channel:
Exp(Y64)
= Exp(a + b × X64 – 2 × s)
= Exp(a + b × 97 – 2 × s)
= Exp(1.8527 + 0.0076 × 97 – 2 × 0.0210)
= Exp(2.5452)
= $12.75
March 27, 2025 calculations
Top border of price channel:
Exp(Y77)
= Exp(a + b × X77 + 2 × s)
= Exp(a + b × 114 + 2 × s)
= Exp(1.8527 + 0.0076 × 114 + 2 × 0.0210)
= Exp(2.7577)
= $15.76
Bottom border of price channel:
Exp(Y77)
= Exp(a + b × X77 – 2 × s)
= Exp(a + b × 114 – 2 × s)
= Exp(1.8527 + 0.0076 × 114 – 2 × 0.0210)
= Exp(2.6739)
= $14.50
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 1,485.47% per annum.
- TTGT price at the close of March 31, 2025 was $14.81 and was lower than the bottom border of the primary price channel by $0.13 (0.88%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: March 10, 2025
End date: March 31, 2025
a = 2.0235
b = 0.0059
s = 0.0256
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0059) – 1
= 762.87%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0256) – 1
= 10.80%
March 10, 2025 calculations
Top border of price channel:
Exp(Y64)
= Exp(a + b × X64 + 2 × s)
= Exp(a + b × 97 + 2 × s)
= Exp(2.0235 + 0.0059 × 97 + 2 × 0.0256)
= Exp(2.6475)
= $14.12
Bottom border of price channel:
Exp(Y64)
= Exp(a + b × X64 – 2 × s)
= Exp(a + b × 97 – 2 × s)
= Exp(2.0235 + 0.0059 × 97 – 2 × 0.0256)
= Exp(2.5449)
= $12.74
March 31, 2025 calculations
Top border of price channel:
Exp(Y79)
= Exp(a + b × X79 + 2 × s)
= Exp(a + b × 118 + 2 × s)
= Exp(2.0235 + 0.0059 × 118 + 2 × 0.0256)
= Exp(2.7715)
= $15.98
Bottom border of price channel:
Exp(Y79)
= Exp(a + b × X79 – 2 × s)
= Exp(a + b × 118 – 2 × s)
= Exp(2.0235 + 0.0059 × 118 – 2 × 0.0256)
= Exp(2.6689)
= $14.42
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 762.87% per annum.
- TTGT price at the close of March 31, 2025 was inside the secondary price channel.