Cactus Inc (WHD)
Cactus, Inc. (WHD) is a leading provider of wellhead and pressure control equipment, specializing in innovative solutions for the unconventional oil and gas market. Headquartered in Houston, Texas, the company designs, manufactures, and leases a diverse range of products that enhance drilling efficiency and safety. With a strong commitment to technological advancements and operational excellence, Cactus positions itself as a key player in the energy sector, catering to both domestic and international customers. The company's strategic focus on sustainability further solidifies its reputation in the industry, making it an attractive investment for institutional stakeholders.
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 33.54% per annum.
- WHD price at the close of December 26, 2025 was $46.01 and was higher than the top border of the primary price channel by $1.44 (3.24%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 221.44% per annum.
- WHD price at the close of December 26, 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 WHD 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: July 15, 2024
End date: November 26, 2025
a = 5.6219
b = -0.0011
s = 0.1079
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0011) – 1
= -33.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1079) – 1
= 53.98%
July 15, 2024 calculations
Top border of price channel:
Exp(Y889)
= Exp(a + b × X889 + 2 × s)
= Exp(a + b × 1,294 + 2 × s)
= Exp(5.6219 + -0.0011 × 1,294 + 2 × 0.1079)
= Exp(4.3892)
= $80.57
Bottom border of price channel:
Exp(Y889)
= Exp(a + b × X889 – 2 × s)
= Exp(a + b × 1,294 – 2 × s)
= Exp(5.6219 + -0.0011 × 1,294 – 2 × 0.1079)
= Exp(3.9575)
= $52.33
November 26, 2025 calculations
Top border of price channel:
Exp(Y1,234)
= Exp(a + b × X1,234 + 2 × s)
= Exp(a + b × 1,793 + 2 × s)
= Exp(5.6219 + -0.0011 × 1,793 + 2 × 0.1079)
= Exp(3.8306)
= $46.09
Bottom border of price channel:
Exp(Y1,234)
= Exp(a + b × X1,234 – 2 × s)
= Exp(a + b × 1,793 – 2 × s)
= Exp(5.6219 + -0.0011 × 1,793 – 2 × 0.1079)
= Exp(3.3989)
= $29.93
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 33.54% per annum.
- WHD price at the close of December 26, 2025 was $46.01 and was higher than the top border of the primary price channel by $1.44 (3.24%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: October 2, 2025
End date: December 26, 2025
a = -1.9725
b = 0.0032
s = 0.0457
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0032) – 1
= 221.44%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0457) – 1
= 20.04%
October 2, 2025 calculations
Top border of price channel:
Exp(Y1,195)
= Exp(a + b × X1,195 + 2 × s)
= Exp(a + b × 1,738 + 2 × s)
= Exp(-1.9725 + 0.0032 × 1,738 + 2 × 0.0457)
= Exp(3.6788)
= $39.60
Bottom border of price channel:
Exp(Y1,195)
= Exp(a + b × X1,195 – 2 × s)
= Exp(a + b × 1,738 – 2 × s)
= Exp(-1.9725 + 0.0032 × 1,738 – 2 × 0.0457)
= Exp(3.4961)
= $32.99
December 26, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(-1.9725 + 0.0032 × 1,823 + 2 × 0.0457)
= Exp(3.9507)
= $51.97
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(-1.9725 + 0.0032 × 1,823 – 2 × 0.0457)
= Exp(3.7681)
= $43.30
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 221.44% per annum.
- WHD price at the close of December 26, 2025 was inside the secondary price channel.