ANGI Homeservices Inc (ANGI)
Angi Inc. provides home service professionals in the United States and internationally.
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 10.28% per annum.
- ANGI price at the close of July 14, 2025 was $16.06 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 66.54% per annum.
- ANGI price at the close of July 14, 2025 was higher than the top border of the secondary price channel by $3.64 (29.26%). 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 ANGI 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: September 14, 2022
End date: March 3, 2025
a = 3.5203
b = -0.0003
s = 0.1852
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -10.28%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1852) – 1
= 109.73%
September 14, 2022 calculations
Top border of price channel:
Exp(Y546)
= Exp(a + b × X546 + 2 × s)
= Exp(a + b × 791 + 2 × s)
= Exp(3.5203 + -0.0003 × 791 + 2 × 0.1852)
= Exp(3.6555)
= $38.69
Bottom border of price channel:
Exp(Y546)
= Exp(a + b × X546 – 2 × s)
= Exp(a + b × 791 – 2 × s)
= Exp(3.5203 + -0.0003 × 791 – 2 × 0.1852)
= Exp(2.9148)
= $18.45
March 3, 2025 calculations
Top border of price channel:
Exp(Y1,163)
= Exp(a + b × X1,163 + 2 × s)
= Exp(a + b × 1,692 + 2 × s)
= Exp(3.5203 + -0.0003 × 1,692 + 2 × 0.1852)
= Exp(3.3877)
= $29.60
Bottom border of price channel:
Exp(Y1,163)
= Exp(a + b × X1,163 – 2 × s)
= Exp(a + b × 1,692 – 2 × s)
= Exp(3.5203 + -0.0003 × 1,692 – 2 × 0.1852)
= Exp(2.6470)
= $14.11
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 10.28% per annum.
- ANGI price at the close of July 14, 2025 was $16.06 and was inside the primary price channel.
Secondary Trend
Start date: August 7, 2024
End date: May 6, 2025
a = 7.8065
b = -0.0030
s = 0.0937
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0030) – 1
= -66.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0937) – 1
= 45.46%
August 7, 2024 calculations
Top border of price channel:
Exp(Y1,022)
= Exp(a + b × X1,022 + 2 × s)
= Exp(a + b × 1,484 + 2 × s)
= Exp(7.8065 + -0.0030 × 1,484 + 2 × 0.0937)
= Exp(3.5425)
= $34.55
Bottom border of price channel:
Exp(Y1,022)
= Exp(a + b × X1,022 – 2 × s)
= Exp(a + b × 1,484 – 2 × s)
= Exp(7.8065 + -0.0030 × 1,484 – 2 × 0.0937)
= Exp(3.1678)
= $23.76
May 6, 2025 calculations
Top border of price channel:
Exp(Y1,208)
= Exp(a + b × X1,208 + 2 × s)
= Exp(a + b × 1,756 + 2 × s)
= Exp(7.8065 + -0.0030 × 1,756 + 2 × 0.0937)
= Exp(2.7267)
= $15.28
Bottom border of price channel:
Exp(Y1,208)
= Exp(a + b × X1,208 – 2 × s)
= Exp(a + b × 1,756 – 2 × s)
= Exp(7.8065 + -0.0030 × 1,756 – 2 × 0.0937)
= Exp(2.3520)
= $10.51
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 66.54% per annum.
- ANGI price at the close of July 14, 2025 was higher than the top border of the secondary price channel by $3.64 (29.26%). This indicates a possible reversal in the secondary trend direction.