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 66.59% per annum.
- CSWI price at the close of April 28, 2025 was $311.48 and was lower than the bottom border of the primary price channel by $39.94 (11.36%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 65.68% per annum.
- CSWI price at the close of April 28, 2025 was higher than the top border of the secondary price channel by $27.79 (9.79%). 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 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 26, 2022
End date: January 29, 2025
a = 3.4986
b = 0.0014
s = 0.0943
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 66.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0943) – 1
= 45.80%
April 26, 2022 calculations
Top border of price channel:
Exp(Y502)
= Exp(a + b × X502 + 2 × s)
= Exp(a + b × 727 + 2 × s)
= Exp(3.4986 + 0.0014 × 727 + 2 × 0.0943)
= Exp(4.7037)
= $110.36
Bottom border of price channel:
Exp(Y502)
= Exp(a + b × X502 – 2 × s)
= Exp(a + b × 727 – 2 × s)
= Exp(3.4986 + 0.0014 × 727 – 2 × 0.0943)
= Exp(4.3266)
= $75.69
January 29, 2025 calculations
Top border of price channel:
Exp(Y1,194)
= Exp(a + b × X1,194 + 2 × s)
= Exp(a + b × 1,736 + 2 × s)
= Exp(3.4986 + 0.0014 × 1,736 + 2 × 0.0943)
= Exp(6.1146)
= $452.43
Bottom border of price channel:
Exp(Y1,194)
= Exp(a + b × X1,194 – 2 × s)
= Exp(a + b × 1,736 – 2 × s)
= Exp(3.4986 + 0.0014 × 1,736 – 2 × 0.0943)
= Exp(5.7375)
= $310.30
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 66.59% per annum.
- CSWI price at the close of April 28, 2025 was $311.48 and was lower than the bottom border of the primary price channel by $39.94 (11.36%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 6, 2024
End date: April 10, 2025
a = 10.9105
b = -0.0029
s = 0.0426
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0029) – 1
= -65.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0426) – 1
= 18.57%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,139)
= Exp(a + b × X1,139 + 2 × s)
= Exp(a + b × 1,652 + 2 × s)
= Exp(10.9105 + -0.0029 × 1,652 + 2 × 0.0426)
= Exp(6.1548)
= $470.99
Bottom border of price channel:
Exp(Y1,139)
= Exp(a + b × X1,139 – 2 × s)
= Exp(a + b × 1,652 – 2 × s)
= Exp(10.9105 + -0.0029 × 1,652 – 2 × 0.0426)
= Exp(5.9845)
= $397.22
April 10, 2025 calculations
Top border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 + 2 × s)
= Exp(a + b × 1,807 + 2 × s)
= Exp(10.9105 + -0.0029 × 1,807 + 2 × 0.0426)
= Exp(5.7006)
= $299.06
Bottom border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 – 2 × s)
= Exp(a + b × 1,807 – 2 × s)
= Exp(10.9105 + -0.0029 × 1,807 – 2 × 0.0426)
= Exp(5.5303)
= $252.22
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 65.68% per annum.
- CSWI price at the close of April 28, 2025 was higher than the top border of the secondary price channel by $27.79 (9.79%). This indicates a possible reversal in the secondary trend direction.