CSW Industrials Inc (CSWI)
CSW Industrials, Inc. is a diversified industrial company in the United States and internationally. The company is headquartered in Dallas, Texas.
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 66.41% per annum.
- CSWI price at the close of June 6, 2025 was $305.10 and was lower than the bottom border of the primary price channel by $65.22 (17.61%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 38.46% per annum.
- CSWI price at the close of June 6, 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 CSWI 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: April 22, 2022
End date: January 29, 2025
a = 3.6075
b = 0.0014
s = 0.0946
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 66.41%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0946) – 1
= 46.01%
April 22, 2022 calculations
Top border of price channel:
Exp(Y449)
= Exp(a + b × X449 + 2 × s)
= Exp(a + b × 648 + 2 × s)
= Exp(3.6075 + 0.0014 × 648 + 2 × 0.0946)
= Exp(4.7009)
= $110.04
Bottom border of price channel:
Exp(Y449)
= Exp(a + b × X449 – 2 × s)
= Exp(a + b × 648 – 2 × s)
= Exp(3.6075 + 0.0014 × 648 – 2 × 0.0946)
= Exp(4.3224)
= $75.37
January 29, 2025 calculations
Top border of price channel:
Exp(Y1,143)
= Exp(a + b × X1,143 + 2 × s)
= Exp(a + b × 1,661 + 2 × s)
= Exp(3.6075 + 0.0014 × 1,661 + 2 × 0.0946)
= Exp(6.1143)
= $452.28
Bottom border of price channel:
Exp(Y1,143)
= Exp(a + b × X1,143 – 2 × s)
= Exp(a + b × 1,661 – 2 × s)
= Exp(3.6075 + 0.0014 × 1,661 – 2 × 0.0946)
= Exp(5.7358)
= $309.76
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 66.41% per annum.
- CSWI price at the close of June 6, 2025 was $305.10 and was lower than the bottom border of the primary price channel by $65.22 (17.61%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: September 24, 2024
End date: June 6, 2025
a = 8.0415
b = -0.0013
s = 0.0771
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -38.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0771) – 1
= 36.10%
September 24, 2024 calculations
Top border of price channel:
Exp(Y1,057)
= Exp(a + b × X1,057 + 2 × s)
= Exp(a + b × 1,534 + 2 × s)
= Exp(8.0415 + -0.0013 × 1,534 + 2 × 0.0771)
= Exp(6.1553)
= $471.23
Bottom border of price channel:
Exp(Y1,057)
= Exp(a + b × X1,057 – 2 × s)
= Exp(a + b × 1,534 – 2 × s)
= Exp(8.0415 + -0.0013 × 1,534 – 2 × 0.0771)
= Exp(5.8471)
= $346.23
June 6, 2025 calculations
Top border of price channel:
Exp(Y1,232)
= Exp(a + b × X1,232 + 2 × s)
= Exp(a + b × 1,789 + 2 × s)
= Exp(8.0415 + -0.0013 × 1,789 + 2 × 0.0771)
= Exp(5.8162)
= $335.69
Bottom border of price channel:
Exp(Y1,232)
= Exp(a + b × X1,232 – 2 × s)
= Exp(a + b × 1,789 – 2 × s)
= Exp(8.0415 + -0.0013 × 1,789 – 2 × 0.0771)
= Exp(5.5080)
= $246.65
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 38.46% per annum.
- CSWI price at the close of June 6, 2025 was inside the secondary price channel.