Stock Price Trends

Chemed Corp (CHE)

Chemed Corporation (CHE) is a leading provider of hospice and palliative care services in the United States, dedicated to enhancing the quality of life for patients with terminal illnesses. Leveraging a comprehensive network of medical professionals, including physicians, registered nurses, and social workers, Chemed offers compassionate care that addresses both medical and emotional needs. Headquartered in Cincinnati, Ohio, the company is committed to delivering personalized care plans that respect the wishes of patients and their families, solidifying its position as a trusted leader in the hospice industry. Additionally, Chemed's strategic focus on operational excellence and quality improvement ensures sustainable growth and value for its 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 44.63% per annum.
  • CHE price at the close of November 6, 2025 was $430.59 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 10.45% per annum.
  • CHE price at the close of November 6, 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 CHE 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 27, 2025
End date: November 6, 2025

a = 8.9766

b = -0.0016

s = 0.0525

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -44.63%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0525) – 1
= 23.35%

February 27, 2025 calculations

Top border of price channel:

Exp(Y1,079)
= Exp(a + b × X1,079 + 2 × s)
= Exp(a + b × 1,571 + 2 × s)
= Exp(8.9766 + -0.0016 × 1,571 + 2 × 0.0525)
= Exp(6.5370)
= $690.20

Bottom border of price channel:

Exp(Y1,079)
= Exp(a + b × X1,079 – 2 × s)
= Exp(a + b × 1,571 – 2 × s)
= Exp(8.9766 + -0.0016 × 1,571 – 2 × 0.0525)
= Exp(6.3272)
= $559.56

November 6, 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(8.9766 + -0.0016 × 1,823 + 2 × 0.0525)
= Exp(6.1288)
= $458.90

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(8.9766 + -0.0016 × 1,823 – 2 × 0.0525)
= Exp(5.9190)
= $372.04

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 44.63% per annum.
  • CHE price at the close of November 6, 2025 was $430.59 and was inside the primary price channel.

Secondary Trend

Start date: July 2, 2025
End date: November 6, 2025

a = 6.6366

b = -0.0003

s = 0.0285

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -10.45%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0285) – 1
= 12.07%

July 2, 2025 calculations

Top border of price channel:

Exp(Y1,165)
= Exp(a + b × X1,165 + 2 × s)
= Exp(a + b × 1,696 + 2 × s)
= Exp(6.6366 + -0.0003 × 1,696 + 2 × 0.0285)
= Exp(6.1809)
= $483.42

Bottom border of price channel:

Exp(Y1,165)
= Exp(a + b × X1,165 – 2 × s)
= Exp(a + b × 1,696 – 2 × s)
= Exp(6.6366 + -0.0003 × 1,696 – 2 × 0.0285)
= Exp(6.0670)
= $431.38

November 6, 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(6.6366 + -0.0003 × 1,823 + 2 × 0.0285)
= Exp(6.1425)
= $465.22

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(6.6366 + -0.0003 × 1,823 – 2 × 0.0285)
= Exp(6.0286)
= $415.13

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 10.45% per annum.
  • CHE price at the close of November 6, 2025 was inside the secondary price channel.