City Holding Company (CHCO)
City Holding Company (CHCO) is a diversified financial institution headquartered in Charleston, West Virginia, primarily serving through its wholly-owned subsidiary, City National Bank of West Virginia. The company provides a comprehensive range of banking, investment, and trust services, catering to both individual and corporate clients across the United States. With a strong emphasis on community-oriented banking and a commitment to customer satisfaction, City Holding Company has established a solid presence in the financial sector, positioning itself for sustainable growth and stability in the evolving economic landscape.
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 42.05% per annum.
- CHCO price at the close of October 27, 2025 was $120.11 and was higher than the top border of the primary price channel by $0.29 (0.24%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 139.16% per annum.
- CHCO price at the close of October 27, 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 CHCO 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: August 22, 2025
End date: October 17, 2025
a = 7.4942
b = -0.0015
s = 0.0101
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -42.05%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0101) – 1
= 4.11%
August 22, 2025 calculations
Top border of price channel:
Exp(Y1,209)
= Exp(a + b × X1,209 + 2 × s)
= Exp(a + b × 1,759 + 2 × s)
= Exp(7.4942 + -0.0015 × 1,759 + 2 × 0.0101)
= Exp(4.8847)
= $132.25
Bottom border of price channel:
Exp(Y1,209)
= Exp(a + b × X1,209 – 2 × s)
= Exp(a + b × 1,759 – 2 × s)
= Exp(7.4942 + -0.0015 × 1,759 – 2 × 0.0101)
= Exp(4.8444)
= $127.03
October 17, 2025 calculations
Top border of price channel:
Exp(Y1,248)
= Exp(a + b × X1,248 + 2 × s)
= Exp(a + b × 1,815 + 2 × s)
= Exp(7.4942 + -0.0015 × 1,815 + 2 × 0.0101)
= Exp(4.8010)
= $121.63
Bottom border of price channel:
Exp(Y1,248)
= Exp(a + b × X1,248 – 2 × s)
= Exp(a + b × 1,815 – 2 × s)
= Exp(7.4942 + -0.0015 × 1,815 – 2 × 0.0101)
= Exp(4.7607)
= $116.83
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 42.05% per annum.
- CHCO price at the close of October 27, 2025 was $120.11 and was higher than the top border of the primary price channel by $0.29 (0.24%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: October 10, 2025
End date: October 24, 2025
a = 0.4526
b = 0.0024
s = 0.0127
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0024) – 1
= 139.16%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0127) – 1
= 5.19%
October 10, 2025 calculations
Top border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 + 2 × s)
= Exp(a + b × 1,808 + 2 × s)
= Exp(0.4526 + 0.0024 × 1,808 + 2 × 0.0127)
= Exp(4.7972)
= $121.17
Bottom border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 – 2 × s)
= Exp(a + b × 1,808 – 2 × s)
= Exp(0.4526 + 0.0024 × 1,808 – 2 × 0.0127)
= Exp(4.7465)
= $115.18
October 24, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(0.4526 + 0.0024 × 1,822 + 2 × 0.0127)
= Exp(4.8306)
= $125.29
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(0.4526 + 0.0024 × 1,822 – 2 × 0.0127)
= Exp(4.7800)
= $119.10
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 139.16% per annum.
- CHCO price at the close of October 27, 2025 was inside the secondary price channel.