Fluor Corporation (FLR)
Fluor Corporation (FLR) is a leading global provider of engineering, procurement, construction, and project management services with a strong emphasis on delivering complex projects across various industries, including energy, chemicals, and infrastructure. Headquartered in Irving, Texas, Fluor leverages its extensive technical expertise and innovative solutions to optimize project delivery and enhance operational efficiency for its clients worldwide. The company is well-positioned to capitalize on the growing demand for sustainable infrastructure and energy solutions, making it an attractive investment opportunity for institutional investors.
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 6.11% per annum.
- FLR price at the close of March 6, 2026 was $45.08 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 261.58% per annum.
- FLR price at the close of March 6, 2026 was lower than the bottom border of the secondary price channel by $4.45 (8.98%). 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 FLR 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 30, 2024
End date: February 13, 2026
a = 4.0669
b = -0.0002
s = 0.1267
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -6.11%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1267) – 1
= 65.98%
May 30, 2024 calculations
Top border of price channel:
Exp(Y813)
= Exp(a + b × X813 + 2 × s)
= Exp(a + b × 1,179 + 2 × s)
= Exp(4.0669 + -0.0002 × 1,179 + 2 × 0.1267)
= Exp(4.1167)
= $61.36
Bottom border of price channel:
Exp(Y813)
= Exp(a + b × X813 – 2 × s)
= Exp(a + b × 1,179 – 2 × s)
= Exp(4.0669 + -0.0002 × 1,179 – 2 × 0.1267)
= Exp(3.6100)
= $36.97
February 13, 2026 calculations
Top border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 + 2 × s)
= Exp(a + b × 1,803 + 2 × s)
= Exp(4.0669 + -0.0002 × 1,803 + 2 × 0.1267)
= Exp(4.0090)
= $55.09
Bottom border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 – 2 × s)
= Exp(a + b × 1,803 – 2 × s)
= Exp(4.0669 + -0.0002 × 1,803 – 2 × 0.1267)
= Exp(3.5023)
= $33.19
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 6.11% per annum.
- FLR price at the close of March 6, 2026 was $45.08 and was inside the primary price channel.
Secondary Trend
Start date: December 17, 2025
End date: March 2, 2026
a = -2.4585
b = 0.0035
s = 0.0310
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0035) – 1
= 261.58%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0310) – 1
= 13.22%
December 17, 2025 calculations
Top border of price channel:
Exp(Y1,202)
= Exp(a + b × X1,202 + 2 × s)
= Exp(a + b × 1,745 + 2 × s)
= Exp(-2.4585 + 0.0035 × 1,745 + 2 × 0.0310)
= Exp(3.7485)
= $42.46
Bottom border of price channel:
Exp(Y1,202)
= Exp(a + b × X1,202 – 2 × s)
= Exp(a + b × 1,745 – 2 × s)
= Exp(-2.4585 + 0.0035 × 1,745 – 2 × 0.0310)
= Exp(3.6243)
= $37.50
March 2, 2026 calculations
Top border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 + 2 × s)
= Exp(a + b × 1,820 + 2 × s)
= Exp(-2.4585 + 0.0035 × 1,820 + 2 × 0.0310)
= Exp(4.0126)
= $55.29
Bottom border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 – 2 × s)
= Exp(a + b × 1,820 – 2 × s)
= Exp(-2.4585 + 0.0035 × 1,820 – 2 × 0.0310)
= Exp(3.8884)
= $48.83
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 261.58% per annum.
- FLR price at the close of March 6, 2026 was lower than the bottom border of the secondary price channel by $4.45 (8.98%). This indicates a possible reversal in the secondary trend direction.