CleanSpark Inc (CLSK)
CleanSpark, Inc. provides energy software and control technology solutions worldwide. The company is headquartered in Woods Cross, Utah.
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 105.33% per annum.
- CLSK price at the close of July 18, 2025 was $12.78 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 46.89% per annum.
- CLSK price at the close of July 18, 2025 was higher than the top border of the secondary price channel by $2.26 (21.50%). This indicates a possible reversal in the secondary trend direction.
- 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 CLSK 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: June 13, 2022
End date: February 10, 2025
a = -0.4574
b = 0.0020
s = 0.4069
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0020) – 1
= 105.33%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.4069) – 1
= 409.23%
June 13, 2022 calculations
Top border of price channel:
Exp(Y479)
= Exp(a + b × X479 + 2 × s)
= Exp(a + b × 693 + 2 × s)
= Exp(-0.4574 + 0.0020 × 693 + 2 × 0.4069)
= Exp(1.7225)
= $5.60
Bottom border of price channel:
Exp(Y479)
= Exp(a + b × X479 – 2 × s)
= Exp(a + b × 693 – 2 × s)
= Exp(-0.4574 + 0.0020 × 693 – 2 × 0.4069)
= Exp(0.0948)
= $1.10
February 10, 2025 calculations
Top border of price channel:
Exp(Y1,146)
= Exp(a + b × X1,146 + 2 × s)
= Exp(a + b × 1,666 + 2 × s)
= Exp(-0.4574 + 0.0020 × 1,666 + 2 × 0.4069)
= Exp(3.6404)
= $38.11
Bottom border of price channel:
Exp(Y1,146)
= Exp(a + b × X1,146 – 2 × s)
= Exp(a + b × 1,666 – 2 × s)
= Exp(-0.4574 + 0.0020 × 1,666 – 2 × 0.4069)
= Exp(2.0127)
= $7.48
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 105.33% per annum.
- CLSK price at the close of July 18, 2025 was $12.78 and was inside the primary price channel.
Secondary Trend
Start date: February 9, 2024
End date: June 24, 2025
a = 5.1772
b = -0.0017
s = 0.1691
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0017) – 1
= -46.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1691) – 1
= 96.70%
February 9, 2024 calculations
Top border of price channel:
Exp(Y896)
= Exp(a + b × X896 + 2 × s)
= Exp(a + b × 1,299 + 2 × s)
= Exp(5.1772 + -0.0017 × 1,299 + 2 × 0.1691)
= Exp(3.2633)
= $26.14
Bottom border of price channel:
Exp(Y896)
= Exp(a + b × X896 – 2 × s)
= Exp(a + b × 1,299 – 2 × s)
= Exp(5.1772 + -0.0017 × 1,299 – 2 × 0.1691)
= Exp(2.5868)
= $13.29
June 24, 2025 calculations
Top border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 + 2 × s)
= Exp(a + b × 1,800 + 2 × s)
= Exp(5.1772 + -0.0017 × 1,800 + 2 × 0.1691)
= Exp(2.3947)
= $10.97
Bottom border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 – 2 × s)
= Exp(a + b × 1,800 – 2 × s)
= Exp(5.1772 + -0.0017 × 1,800 – 2 × 0.1691)
= Exp(1.7182)
= $5.57
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 46.89% per annum.
- CLSK price at the close of July 18, 2025 was higher than the top border of the secondary price channel by $2.26 (21.50%). This indicates a possible reversal in the secondary trend direction.