Stock Price Trends

Gilead Sciences Inc (GILD)

Gilead Sciences, Inc. is a leading American biopharmaceutical company based in Foster City, California, dedicated to the research and development of innovative antiviral therapies for a range of infectious diseases, including HIV, hepatitis B, hepatitis C, and influenza. The company's notable products, such as Harvoni and Sovaldi, have transformed the treatment landscape for chronic hepatitis C and are at the forefront of its extensive drug portfolio. Gilead continues to leverage its pioneering research capabilities to address unmet medical needs and expand its therapeutic offerings, positioning itself as a crucial player in global healthcare.

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 52.70% per annum.
  • GILD price at the close of March 2, 2026 was $150.03 and was inside the primary price channel.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 40.03% per annum.
  • GILD price at the close of March 2, 2026 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 GILD 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: March 22, 2024
End date: March 2, 2026

a = 2.8498

b = 0.0012

s = 0.0640

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 52.70%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0640) – 1
= 29.18%

March 22, 2024 calculations

Top border of price channel:

Exp(Y769)
= Exp(a + b × X769 + 2 × s)
= Exp(a + b × 1,115 + 2 × s)
= Exp(2.8498 + 0.0012 × 1,115 + 2 × 0.0640)
= Exp(4.2708)
= $71.58

Bottom border of price channel:

Exp(Y769)
= Exp(a + b × X769 – 2 × s)
= Exp(a + b × 1,115 – 2 × s)
= Exp(2.8498 + 0.0012 × 1,115 – 2 × 0.0640)
= Exp(4.0148)
= $55.41

March 2, 2026 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.8498 + 0.0012 × 1,825 + 2 × 0.0640)
= Exp(5.0942)
= $163.07

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.8498 + 0.0012 × 1,825 – 2 × 0.0640)
= Exp(4.8382)
= $126.24

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 52.70% per annum.
  • GILD price at the close of March 2, 2026 was $150.03 and was inside the primary price channel.

Secondary Trend

Start date: October 16, 2024
End date: March 2, 2026

a = 3.2362

b = 0.0009

s = 0.0525

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 40.03%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0525) – 1
= 23.35%

October 16, 2024 calculations

Top border of price channel:

Exp(Y912)
= Exp(a + b × X912 + 2 × s)
= Exp(a + b × 1,323 + 2 × s)
= Exp(3.2362 + 0.0009 × 1,323 + 2 × 0.0525)
= Exp(4.5615)
= $95.73

Bottom border of price channel:

Exp(Y912)
= Exp(a + b × X912 – 2 × s)
= Exp(a + b × 1,323 – 2 × s)
= Exp(3.2362 + 0.0009 × 1,323 – 2 × 0.0525)
= Exp(4.3517)
= $77.61

March 2, 2026 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.2362 + 0.0009 × 1,825 + 2 × 0.0525)
= Exp(5.0246)
= $152.11

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.2362 + 0.0009 × 1,825 – 2 × 0.0525)
= Exp(4.8148)
= $123.32

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 40.03% per annum.
  • GILD price at the close of March 2, 2026 was inside the secondary price channel.