Bath & Body Works Inc. (BBWI)
None
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 79.54% per annum.
- BBWI price at the close of April 28, 2025 was $31.22 and was lower than the bottom border of the primary price channel by $440.61 (93.38%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 11.90% per annum.
- BBWI price at the close of April 28, 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 BBWI 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 12, 2021
End date: December 15, 2021
a = 3.3094
b = 0.0016
s = 0.0395
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0016) – 1
= 79.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0395) – 1
= 17.10%
March 12, 2021 calculations
Top border of price channel:
Exp(Y219)
= Exp(a + b × X219 + 2 × s)
= Exp(a + b × 317 + 2 × s)
= Exp(3.3094 + 0.0016 × 317 + 2 × 0.0395)
= Exp(3.8966)
= $49.23
Bottom border of price channel:
Exp(Y219)
= Exp(a + b × X219 – 2 × s)
= Exp(a + b × 317 – 2 × s)
= Exp(3.3094 + 0.0016 × 317 – 2 × 0.0395)
= Exp(3.7387)
= $42.04
December 15, 2021 calculations
Top border of price channel:
Exp(Y412)
= Exp(a + b × X412 + 2 × s)
= Exp(a + b × 595 + 2 × s)
= Exp(3.3094 + 0.0016 × 595 + 2 × 0.0395)
= Exp(4.3423)
= $76.89
Bottom border of price channel:
Exp(Y412)
= Exp(a + b × X412 – 2 × s)
= Exp(a + b × 595 – 2 × s)
= Exp(3.3094 + 0.0016 × 595 – 2 × 0.0395)
= Exp(4.1845)
= $65.66
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 79.54% per annum.
- BBWI price at the close of April 28, 2025 was $31.22 and was lower than the bottom border of the primary price channel by $440.61 (93.38%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: March 12, 2021
End date: April 28, 2025
a = 4.0699
b = -0.0003
s = 0.1905
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.90%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1905) – 1
= 114.26%
March 12, 2021 calculations
Top border of price channel:
Exp(Y219)
= Exp(a + b × X219 + 2 × s)
= Exp(a + b × 317 + 2 × s)
= Exp(4.0699 + -0.0003 × 317 + 2 × 0.1905)
= Exp(4.3409)
= $76.77
Bottom border of price channel:
Exp(Y219)
= Exp(a + b × X219 – 2 × s)
= Exp(a + b × 317 – 2 × s)
= Exp(4.0699 + -0.0003 × 317 – 2 × 0.1905)
= Exp(3.5788)
= $35.83
April 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.0699 + -0.0003 × 1,825 + 2 × 0.1905)
= Exp(3.8175)
= $45.49
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.0699 + -0.0003 × 1,825 – 2 × 0.1905)
= Exp(3.0555)
= $21.23
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 11.90% per annum.
- BBWI price at the close of April 28, 2025 was inside the secondary price channel.