Harmonic Inc (HLIT)
Harmonic Inc. provides global video delivery software, products, system solutions and services. The company is headquartered in San Jose, California.
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 41.63% per annum.
- HLIT price at the close of September 17, 2025 was $10.03 and was higher than the top border of the primary price channel by $0.78 (8.44%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 300.04% per annum.
- HLIT price at the close of September 17, 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 HLIT 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: July 30, 2024
End date: August 22, 2025
a = 4.7724
b = -0.0015
s = 0.0721
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -41.63%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0721) – 1
= 33.42%
July 30, 2024 calculations
Top border of price channel:
Exp(Y970)
= Exp(a + b × X970 + 2 × s)
= Exp(a + b × 1,411 + 2 × s)
= Exp(4.7724 + -0.0015 × 1,411 + 2 × 0.0721)
= Exp(2.8353)
= $17.03
Bottom border of price channel:
Exp(Y970)
= Exp(a + b × X970 – 2 × s)
= Exp(a + b × 1,411 – 2 × s)
= Exp(4.7724 + -0.0015 × 1,411 – 2 × 0.0721)
= Exp(2.5469)
= $12.77
August 22, 2025 calculations
Top border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 + 2 × s)
= Exp(a + b × 1,799 + 2 × s)
= Exp(4.7724 + -0.0015 × 1,799 + 2 × 0.0721)
= Exp(2.2629)
= $9.61
Bottom border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 – 2 × s)
= Exp(a + b × 1,799 – 2 × s)
= Exp(4.7724 + -0.0015 × 1,799 – 2 × 0.0721)
= Exp(1.9746)
= $7.20
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 41.63% per annum.
- HLIT price at the close of September 17, 2025 was $10.03 and was higher than the top border of the primary price channel by $0.78 (8.44%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: July 31, 2025
End date: September 17, 2025
a = -4.6098
b = 0.0038
s = 0.0183
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0038) – 1
= 300.04%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0183) – 1
= 7.58%
July 31, 2025 calculations
Top border of price channel:
Exp(Y1,221)
= Exp(a + b × X1,221 + 2 × s)
= Exp(a + b × 1,777 + 2 × s)
= Exp(-4.6098 + 0.0038 × 1,777 + 2 × 0.0183)
= Exp(2.1764)
= $8.81
Bottom border of price channel:
Exp(Y1,221)
= Exp(a + b × X1,221 – 2 × s)
= Exp(a + b × 1,777 – 2 × s)
= Exp(-4.6098 + 0.0038 × 1,777 – 2 × 0.0183)
= Exp(2.1033)
= $8.19
September 17, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(-4.6098 + 0.0038 × 1,825 + 2 × 0.0183)
= Exp(2.3587)
= $10.58
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-4.6098 + 0.0038 × 1,825 – 2 × 0.0183)
= Exp(2.2857)
= $9.83
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 300.04% per annum.
- HLIT price at the close of September 17, 2025 was inside the secondary price channel.