Cytek Biosciences Inc (CTKB)
None
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 157.40% per annum.
- CTKB price at the close of January 8, 2026 was $5.43 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 42.02% per annum.
- CTKB price at the close of January 8, 2026 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 CTKB 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: May 9, 2025
End date: January 8, 2026
a = -2.5446
b = 0.0026
s = 0.0909
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0026) – 1
= 157.40%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0909) – 1
= 43.85%
May 9, 2025 calculations
Top border of price channel:
Exp(Y953)
= Exp(a + b × X953 + 2 × s)
= Exp(a + b × 1,386 + 2 × s)
= Exp(-2.5446 + 0.0026 × 1,386 + 2 × 0.0909)
= Exp(1.2274)
= $3.41
Bottom border of price channel:
Exp(Y953)
= Exp(a + b × X953 – 2 × s)
= Exp(a + b × 1,386 – 2 × s)
= Exp(-2.5446 + 0.0026 × 1,386 – 2 × 0.0909)
= Exp(0.8638)
= $2.37
January 8, 2026 calculations
Top border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 + 2 × s)
= Exp(a + b × 1,630 + 2 × s)
= Exp(-2.5446 + 0.0026 × 1,630 + 2 × 0.0909)
= Exp(1.8595)
= $6.42
Bottom border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 – 2 × s)
= Exp(a + b × 1,630 – 2 × s)
= Exp(-2.5446 + 0.0026 × 1,630 – 2 × 0.0909)
= Exp(1.4958)
= $4.46
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 157.40% per annum.
- CTKB price at the close of January 8, 2026 was $5.43 and was inside the primary price channel.
Secondary Trend
Start date: November 14, 2025
End date: January 8, 2026
a = 4.0393
b = -0.0015
s = 0.0579
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -42.02%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0579) – 1
= 26.05%
November 14, 2025 calculations
Top border of price channel:
Exp(Y1,084)
= Exp(a + b × X1,084 + 2 × s)
= Exp(a + b × 1,575 + 2 × s)
= Exp(4.0393 + -0.0015 × 1,575 + 2 × 0.0579)
= Exp(1.8030)
= $6.07
Bottom border of price channel:
Exp(Y1,084)
= Exp(a + b × X1,084 – 2 × s)
= Exp(a + b × 1,575 – 2 × s)
= Exp(4.0393 + -0.0015 × 1,575 – 2 × 0.0579)
= Exp(1.5715)
= $4.81
January 8, 2026 calculations
Top border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 + 2 × s)
= Exp(a + b × 1,630 + 2 × s)
= Exp(4.0393 + -0.0015 × 1,630 + 2 × 0.0579)
= Exp(1.7209)
= $5.59
Bottom border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 – 2 × s)
= Exp(a + b × 1,630 – 2 × s)
= Exp(4.0393 + -0.0015 × 1,630 – 2 × 0.0579)
= Exp(1.4894)
= $4.43
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 42.02% per annum.
- CTKB price at the close of January 8, 2026 was inside the secondary price channel.