Stock Price Trends

Chewy Inc (CHWY)

Chewy, Inc., is dedicated to the pure business of e-commerce in the United States. The company is headquartered in Dania Beach, Florida.

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 102.58% per annum.
  • CHWY price at the close of July 29, 2025 was $36.22 and was lower than the bottom border of the primary price channel by $1.71 (4.50%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 85.13% per annum.
  • CHWY price at the close of July 29, 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 CHWY 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: January 12, 2024
End date: July 10, 2025

a = 0.3436

b = 0.0019

s = 0.1188

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0019) – 1
= 102.58%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.1188) – 1
= 60.86%

January 12, 2024 calculations

Top border of price channel:

Exp(Y869)
= Exp(a + b × X869 + 2 × s)
= Exp(a + b × 1,261 + 2 × s)
= Exp(0.3436 + 0.0019 × 1,261 + 2 × 0.1188)
= Exp(3.0202)
= $20.50

Bottom border of price channel:

Exp(Y869)
= Exp(a + b × X869 – 2 × s)
= Exp(a + b × 1,261 – 2 × s)
= Exp(0.3436 + 0.0019 × 1,261 – 2 × 0.1188)
= Exp(2.5448)
= $12.74

July 10, 2025 calculations

Top border of price channel:

Exp(Y1,241)
= Exp(a + b × X1,241 + 2 × s)
= Exp(a + b × 1,806 + 2 × s)
= Exp(0.3436 + 0.0019 × 1,806 + 2 × 0.1188)
= Exp(4.0743)
= $58.81

Bottom border of price channel:

Exp(Y1,241)
= Exp(a + b × X1,241 – 2 × s)
= Exp(a + b × 1,806 – 2 × s)
= Exp(0.3436 + 0.0019 × 1,806 – 2 × 0.1188)
= Exp(3.5989)
= $36.56

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 102.58% per annum.
  • CHWY price at the close of July 29, 2025 was $36.22 and was lower than the bottom border of the primary price channel by $1.71 (4.50%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: June 23, 2025
End date: July 29, 2025

a = 13.1094

b = -0.0052

s = 0.0166

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0052) – 1
= -85.13%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0166) – 1
= 6.86%

June 23, 2025 calculations

Top border of price channel:

Exp(Y1,229)
= Exp(a + b × X1,229 + 2 × s)
= Exp(a + b × 1,789 + 2 × s)
= Exp(13.1094 + -0.0052 × 1,789 + 2 × 0.0166)
= Exp(3.8026)
= $44.82

Bottom border of price channel:

Exp(Y1,229)
= Exp(a + b × X1,229 – 2 × s)
= Exp(a + b × 1,789 – 2 × s)
= Exp(13.1094 + -0.0052 × 1,789 – 2 × 0.0166)
= Exp(3.7363)
= $41.94

July 29, 2025 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(13.1094 + -0.0052 × 1,825 + 2 × 0.0166)
= Exp(3.6147)
= $37.14

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(13.1094 + -0.0052 × 1,825 – 2 × 0.0166)
= Exp(3.5483)
= $34.76

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 85.13% per annum.
  • CHWY price at the close of July 29, 2025 was inside the secondary price channel.