Glacier Bancorp Inc (GBCI)
Glacier Bancorp, Inc. is the bank holding company for Glacier Bank providing commercial banking services to individuals, small and medium-sized businesses, community organizations, and public entities in the United States. The company is headquartered in Kalispell, Montana.
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 44.32% per annum.
- GBCI price at the close of April 29, 2025 was $41.36 and was lower than the bottom border of the primary price channel by $5.10 (10.97%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 53.40% per annum.
- GBCI price at the close of April 29, 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 GBCI 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: April 25, 2023
End date: March 3, 2025
a = 2.1851
b = 0.0010
s = 0.0905
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 44.32%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0905) – 1
= 43.60%
April 25, 2023 calculations
Top border of price channel:
Exp(Y751)
= Exp(a + b × X751 + 2 × s)
= Exp(a + b × 1,090 + 2 × s)
= Exp(2.1851 + 0.0010 × 1,090 + 2 × 0.0905)
= Exp(3.4616)
= $31.87
Bottom border of price channel:
Exp(Y751)
= Exp(a + b × X751 – 2 × s)
= Exp(a + b × 1,090 – 2 × s)
= Exp(2.1851 + 0.0010 × 1,090 – 2 × 0.0905)
= Exp(3.0998)
= $22.19
March 3, 2025 calculations
Top border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 + 2 × s)
= Exp(a + b × 1,768 + 2 × s)
= Exp(2.1851 + 0.0010 × 1,768 + 2 × 0.0905)
= Exp(4.1431)
= $63.00
Bottom border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 – 2 × s)
= Exp(a + b × 1,768 – 2 × s)
= Exp(2.1851 + 0.0010 × 1,768 – 2 × 0.0905)
= Exp(3.7813)
= $43.87
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 44.32% per annum.
- GBCI price at the close of April 29, 2025 was $41.36 and was lower than the bottom border of the primary price channel by $5.10 (10.97%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 6, 2024
End date: April 29, 2025
a = 7.5152
b = -0.0021
s = 0.0402
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0021) – 1
= -53.40%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0402) – 1
= 17.46%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,138)
= Exp(a + b × X1,138 + 2 × s)
= Exp(a + b × 1,651 + 2 × s)
= Exp(7.5152 + -0.0021 × 1,651 + 2 × 0.0402)
= Exp(4.1418)
= $62.92
Bottom border of price channel:
Exp(Y1,138)
= Exp(a + b × X1,138 – 2 × s)
= Exp(a + b × 1,651 – 2 × s)
= Exp(7.5152 + -0.0021 × 1,651 – 2 × 0.0402)
= Exp(3.9809)
= $53.57
April 29, 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(7.5152 + -0.0021 × 1,825 + 2 × 0.0402)
= Exp(3.7778)
= $43.72
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.5152 + -0.0021 × 1,825 – 2 × 0.0402)
= Exp(3.6169)
= $37.22
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 53.40% per annum.
- GBCI price at the close of April 29, 2025 was inside the secondary price channel.