Frontdoor Inc (FTDR)
front door, inc. The company is headquartered in Memphis, Tennessee.
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 39.80% per annum.
- FTDR price at the close of April 28, 2025 was $40.75 and was lower than the bottom border of the primary price channel by $2.59 (5.98%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 71.40% per annum.
- FTDR price at the close of April 28, 2025 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 FTDR 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 24, 2022
End date: February 28, 2025
a = 2.3339
b = 0.0009
s = 0.1201
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 39.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1201) – 1
= 61.65%
May 24, 2022 calculations
Top border of price channel:
Exp(Y522)
= Exp(a + b × X522 + 2 × s)
= Exp(a + b × 755 + 2 × s)
= Exp(2.3339 + 0.0009 × 755 + 2 × 0.1201)
= Exp(3.2671)
= $26.24
Bottom border of price channel:
Exp(Y522)
= Exp(a + b × X522 – 2 × s)
= Exp(a + b × 755 – 2 × s)
= Exp(2.3339 + 0.0009 × 755 – 2 × 0.1201)
= Exp(2.7869)
= $16.23
February 28, 2025 calculations
Top border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 + 2 × s)
= Exp(a + b × 1,766 + 2 × s)
= Exp(2.3339 + 0.0009 × 1,766 + 2 × 0.1201)
= Exp(4.1952)
= $66.37
Bottom border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 – 2 × s)
= Exp(a + b × 1,766 – 2 × s)
= Exp(2.3339 + 0.0009 × 1,766 – 2 × 0.1201)
= Exp(3.7149)
= $41.06
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 39.80% per annum.
- FTDR price at the close of April 28, 2025 was $40.75 and was lower than the bottom border of the primary price channel by $2.59 (5.98%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 21, 2024
End date: April 28, 2025
a = 9.8974
b = -0.0034
s = 0.1117
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0034) – 1
= -71.40%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1117) – 1
= 56.32%
November 21, 2024 calculations
Top border of price channel:
Exp(Y1,150)
= Exp(a + b × X1,150 + 2 × s)
= Exp(a + b × 1,667 + 2 × s)
= Exp(9.8974 + -0.0034 × 1,667 + 2 × 0.1117)
= Exp(4.4031)
= $81.70
Bottom border of price channel:
Exp(Y1,150)
= Exp(a + b × X1,150 – 2 × s)
= Exp(a + b × 1,667 – 2 × s)
= Exp(9.8974 + -0.0034 × 1,667 – 2 × 0.1117)
= Exp(3.9564)
= $52.27
April 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(9.8974 + -0.0034 × 1,825 + 2 × 0.1117)
= Exp(3.8612)
= $47.52
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(9.8974 + -0.0034 × 1,825 – 2 × 0.1117)
= Exp(3.4144)
= $30.40
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 71.40% per annum.
- FTDR price at the close of April 28, 2025 was inside the secondary price channel.