Campbell’s Co (CPB)
Campbell Soup Company, doing business as Campbell's, is an American processed food and snack company.
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 36.15% per annum.
- CPB price at the close of September 30, 2025 was $31.58 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 36.31% per annum.
- CPB price at the close of September 30, 2025 was lower than the bottom border of the secondary price channel by $0.85 (2.63%). 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 CPB 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 1, 2024
End date: September 2, 2025
a = 5.6235
b = -0.0012
s = 0.0376
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -36.15%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0376) – 1
= 16.21%
August 1, 2024 calculations
Top border of price channel:
Exp(Y963)
= Exp(a + b × X963 + 2 × s)
= Exp(a + b × 1,400 + 2 × s)
= Exp(5.6235 + -0.0012 × 1,400 + 2 × 0.0376)
= Exp(3.9778)
= $53.40
Bottom border of price channel:
Exp(Y963)
= Exp(a + b × X963 – 2 × s)
= Exp(a + b × 1,400 – 2 × s)
= Exp(5.6235 + -0.0012 × 1,400 – 2 × 0.0376)
= Exp(3.8276)
= $45.95
September 2, 2025 calculations
Top border of price channel:
Exp(Y1,234)
= Exp(a + b × X1,234 + 2 × s)
= Exp(a + b × 1,797 + 2 × s)
= Exp(5.6235 + -0.0012 × 1,797 + 2 × 0.0376)
= Exp(3.4899)
= $32.78
Bottom border of price channel:
Exp(Y1,234)
= Exp(a + b × X1,234 – 2 × s)
= Exp(a + b × 1,797 – 2 × s)
= Exp(5.6235 + -0.0012 × 1,797 – 2 × 0.0376)
= Exp(3.3396)
= $28.21
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 36.15% per annum.
- CPB price at the close of September 30, 2025 was $31.58 and was inside the primary price channel.
Secondary Trend
Start date: June 16, 2025
End date: September 24, 2025
a = 1.9694
b = 0.0008
s = 0.0195
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 36.31%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0195) – 1
= 8.09%
June 16, 2025 calculations
Top border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 + 2 × s)
= Exp(a + b × 1,719 + 2 × s)
= Exp(1.9694 + 0.0008 × 1,719 + 2 × 0.0195)
= Exp(3.4670)
= $32.04
Bottom border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 – 2 × s)
= Exp(a + b × 1,719 – 2 × s)
= Exp(1.9694 + 0.0008 × 1,719 – 2 × 0.0195)
= Exp(3.3892)
= $29.64
September 24, 2025 calculations
Top border of price channel:
Exp(Y1,250)
= Exp(a + b × X1,250 + 2 × s)
= Exp(a + b × 1,819 + 2 × s)
= Exp(1.9694 + 0.0008 × 1,819 + 2 × 0.0195)
= Exp(3.5519)
= $34.88
Bottom border of price channel:
Exp(Y1,250)
= Exp(a + b × X1,250 – 2 × s)
= Exp(a + b × 1,819 – 2 × s)
= Exp(1.9694 + 0.0008 × 1,819 – 2 × 0.0195)
= Exp(3.4741)
= $32.27
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 36.31% per annum.
- CPB price at the close of September 30, 2025 was lower than the bottom border of the secondary price channel by $0.85 (2.63%). This indicates a possible reversal in the secondary trend direction.