Fortune Brands Innovations Inc. (FBIN)
Fortune Brands Innovations, Inc. provides water, outdoor, and security products, including water management, connected products, outdoor living, material conversion, sustainability, safety, and wellness. The company is headquartered in Deerfield, Illinois.
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 48.61% per annum.
- FBIN price at the close of September 17, 2025 was $56.91 and was higher than the top border of the primary price channel by $7.15 (14.37%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 89.92% per annum.
- FBIN price at the close of September 17, 2025 was lower than the bottom border of the secondary price channel by $0.90 (1.55%). 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 FBIN 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 20, 2024
End date: July 21, 2025
a = 7.1019
b = -0.0018
s = 0.0668
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0018) – 1
= -48.61%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0668) – 1
= 30.64%
August 20, 2024 calculations
Top border of price channel:
Exp(Y985)
= Exp(a + b × X985 + 2 × s)
= Exp(a + b × 1,432 + 2 × s)
= Exp(7.1019 + -0.0018 × 1,432 + 2 × 0.0668)
= Exp(4.6239)
= $101.89
Bottom border of price channel:
Exp(Y985)
= Exp(a + b × X985 – 2 × s)
= Exp(a + b × 1,432 – 2 × s)
= Exp(7.1019 + -0.0018 × 1,432 – 2 × 0.0668)
= Exp(4.3566)
= $78.00
July 21, 2025 calculations
Top border of price channel:
Exp(Y1,213)
= Exp(a + b × X1,213 + 2 × s)
= Exp(a + b × 1,767 + 2 × s)
= Exp(7.1019 + -0.0018 × 1,767 + 2 × 0.0668)
= Exp(4.0130)
= $55.31
Bottom border of price channel:
Exp(Y1,213)
= Exp(a + b × X1,213 – 2 × s)
= Exp(a + b × 1,767 – 2 × s)
= Exp(7.1019 + -0.0018 × 1,767 – 2 × 0.0668)
= Exp(3.7457)
= $42.34
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 48.61% per annum.
- FBIN price at the close of September 17, 2025 was $56.91 and was higher than the top border of the primary price channel by $7.15 (14.37%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: May 21, 2025
End date: September 16, 2025
a = 0.8963
b = 0.0018
s = 0.0232
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0018) – 1
= 89.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0232) – 1
= 9.72%
May 21, 2025 calculations
Top border of price channel:
Exp(Y1,173)
= Exp(a + b × X1,173 + 2 × s)
= Exp(a + b × 1,706 + 2 × s)
= Exp(0.8963 + 0.0018 × 1,706 + 2 × 0.0232)
= Exp(3.9408)
= $51.46
Bottom border of price channel:
Exp(Y1,173)
= Exp(a + b × X1,173 – 2 × s)
= Exp(a + b × 1,706 – 2 × s)
= Exp(0.8963 + 0.0018 × 1,706 – 2 × 0.0232)
= Exp(3.8480)
= $46.90
September 16, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(0.8963 + 0.0018 × 1,824 + 2 × 0.0232)
= Exp(4.1481)
= $63.32
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(0.8963 + 0.0018 × 1,824 – 2 × 0.0232)
= Exp(4.0554)
= $57.71
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 89.92% per annum.
- FBIN price at the close of September 17, 2025 was lower than the bottom border of the secondary price channel by $0.90 (1.55%). This indicates a possible reversal in the secondary trend direction.