Stock Price Trends

Appfolio Inc (APPF)

AppFolio, Inc. is a leading provider of cloud-based software solutions tailored specifically for the real estate sector, empowering property managers and homeowners with advanced data analytics and operational services. Headquartered in Santa Barbara, California, the company leverages its innovative technology to enhance efficiency and streamline property management processes. By offering a comprehensive suite of tools, AppFolio supports a diverse clientele, driving growth and facilitating better decision-making within the real estate industry.

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 54.49% per annum.
  • APPF price at the close of December 26, 2025 was $237.29 and was lower than the bottom border of the primary price channel by $140.00 (37.11%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 3.72% per annum.
  • APPF price at the close of December 26, 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 APPF 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: February 17, 2022
End date: July 29, 2024

a = 3.9720

b = 0.0012

s = 0.1063

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 54.49%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.1063) – 1
= 52.97%

February 17, 2022 calculations

Top border of price channel:

Exp(Y288)
= Exp(a + b × X288 + 2 × s)
= Exp(a + b × 416 + 2 × s)
= Exp(3.9720 + 0.0012 × 416 + 2 × 0.1063)
= Exp(4.6802)
= $107.80

Bottom border of price channel:

Exp(Y288)
= Exp(a + b × X288 – 2 × s)
= Exp(a + b × 416 – 2 × s)
= Exp(3.9720 + 0.0012 × 416 – 2 × 0.1063)
= Exp(4.2552)
= $70.47

July 29, 2024 calculations

Top border of price channel:

Exp(Y900)
= Exp(a + b × X900 + 2 × s)
= Exp(a + b × 1,309 + 2 × s)
= Exp(3.9720 + 0.0012 × 1,309 + 2 × 0.1063)
= Exp(5.7444)
= $312.43

Bottom border of price channel:

Exp(Y900)
= Exp(a + b × X900 – 2 × s)
= Exp(a + b × 1,309 – 2 × s)
= Exp(3.9720 + 0.0012 × 1,309 – 2 × 0.1063)
= Exp(5.3193)
= $204.24

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 54.49% per annum.
  • APPF price at the close of December 26, 2025 was $237.29 and was lower than the bottom border of the primary price channel by $140.00 (37.11%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: January 26, 2024
End date: December 26, 2025

a = 5.3141

b = 0.0001

s = 0.0825

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 3.72%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0825) – 1
= 39.11%

January 26, 2024 calculations

Top border of price channel:

Exp(Y774)
= Exp(a + b × X774 + 2 × s)
= Exp(a + b × 1,124 + 2 × s)
= Exp(5.3141 + 0.0001 × 1,124 + 2 × 0.0825)
= Exp(5.5915)
= $268.13

Bottom border of price channel:

Exp(Y774)
= Exp(a + b × X774 – 2 × s)
= Exp(a + b × 1,124 – 2 × s)
= Exp(5.3141 + 0.0001 × 1,124 – 2 × 0.0825)
= Exp(5.2614)
= $192.74

December 26, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(5.3141 + 0.0001 × 1,824 + 2 × 0.0825)
= Exp(5.6614)
= $287.56

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(5.3141 + 0.0001 × 1,824 – 2 × 0.0825)
= Exp(5.3313)
= $206.71

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 3.72% per annum.
  • APPF price at the close of December 26, 2025 was inside the secondary price channel.