Stock Price Trends

CommVault Systems Inc (CVLT)

Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company is headquartered in Tinton Falls, New Jersey.

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 73.46% per annum.
  • CVLT price at the close of September 11, 2025 was $180.94 and was lower than the bottom border of the primary price channel by $2.75 (1.50%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 19.77% per annum.
  • CVLT price at the close of September 11, 2025 was inside the secondary price channel.

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 CVLT 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: January 11, 2023
End date: June 18, 2025

a = 2.6687

b = 0.0015

s = 0.1031

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 73.46%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.1031) – 1
= 51.03%

January 11, 2023 calculations

Top border of price channel:

Exp(Y586)
= Exp(a + b × X586 + 2 × s)
= Exp(a + b × 849 + 2 × s)
= Exp(2.6687 + 0.0015 × 849 + 2 × 0.1031)
= Exp(4.1559)
= $63.81

Bottom border of price channel:

Exp(Y586)
= Exp(a + b × X586 – 2 × s)
= Exp(a + b × 849 – 2 × s)
= Exp(2.6687 + 0.0015 × 849 – 2 × 0.1031)
= Exp(3.7436)
= $42.25

June 18, 2025 calculations

Top border of price channel:

Exp(Y1,196)
= Exp(a + b × X1,196 + 2 × s)
= Exp(a + b × 1,738 + 2 × s)
= Exp(2.6687 + 0.0015 × 1,738 + 2 × 0.1031)
= Exp(5.4973)
= $244.03

Bottom border of price channel:

Exp(Y1,196)
= Exp(a + b × X1,196 – 2 × s)
= Exp(a + b × 1,738 – 2 × s)
= Exp(2.6687 + 0.0015 × 1,738 – 2 × 0.1031)
= Exp(5.0850)
= $161.58

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 73.46% per annum.
  • CVLT price at the close of September 11, 2025 was $180.94 and was lower than the bottom border of the primary price channel by $2.75 (1.50%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: July 30, 2024
End date: September 11, 2025

a = 4.3027

b = 0.0005

s = 0.0612

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 19.77%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0612) – 1
= 27.73%

July 30, 2024 calculations

Top border of price channel:

Exp(Y974)
= Exp(a + b × X974 + 2 × s)
= Exp(a + b × 1,415 + 2 × s)
= Exp(4.3027 + 0.0005 × 1,415 + 2 × 0.0612)
= Exp(5.1246)
= $168.11

Bottom border of price channel:

Exp(Y974)
= Exp(a + b × X974 – 2 × s)
= Exp(a + b × 1,415 – 2 × s)
= Exp(4.3027 + 0.0005 × 1,415 – 2 × 0.0612)
= Exp(4.8799)
= $131.61

September 11, 2025 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.3027 + 0.0005 × 1,823 + 2 × 0.0612)
= Exp(5.3263)
= $205.68

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.3027 + 0.0005 × 1,823 – 2 × 0.0612)
= Exp(5.0816)
= $161.03

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 19.77% per annum.
  • CVLT price at the close of September 11, 2025 was inside the secondary price channel.