JetBlue Airways Corp (JBLU)
JetBlue Airways Corporation provides passenger air transportation services. The company is headquartered in Long Island City, New York.
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 26.13% per annum.
- JBLU price at the close of June 30, 2025 was $4.23 and was lower than the bottom border of the primary price channel by $1.53 (26.50%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 84.27% per annum.
- JBLU price at the close of June 30, 2025 was higher than the top border of the secondary price channel by $0.29 (7.24%). 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 JBLU 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: August 18, 2023
End date: March 7, 2025
a = 0.8621
b = 0.0006
s = 0.1362
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 26.13%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1362) – 1
= 72.45%
August 18, 2023 calculations
Top border of price channel:
Exp(Y788)
= Exp(a + b × X788 + 2 × s)
= Exp(a + b × 1,143 + 2 × s)
= Exp(0.8621 + 0.0006 × 1,143 + 2 × 0.1362)
= Exp(1.8614)
= $6.43
Bottom border of price channel:
Exp(Y788)
= Exp(a + b × X788 – 2 × s)
= Exp(a + b × 1,143 – 2 × s)
= Exp(0.8621 + 0.0006 × 1,143 – 2 × 0.1362)
= Exp(1.3165)
= $3.73
March 7, 2025 calculations
Top border of price channel:
Exp(Y1,176)
= Exp(a + b × X1,176 + 2 × s)
= Exp(a + b × 1,710 + 2 × s)
= Exp(0.8621 + 0.0006 × 1,710 + 2 × 0.1362)
= Exp(2.2219)
= $9.23
Bottom border of price channel:
Exp(Y1,176)
= Exp(a + b × X1,176 – 2 × s)
= Exp(a + b × 1,710 – 2 × s)
= Exp(0.8621 + 0.0006 × 1,710 – 2 × 0.1362)
= Exp(1.6770)
= $5.35
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 26.13% per annum.
- JBLU price at the close of June 30, 2025 was $4.23 and was lower than the bottom border of the primary price channel by $1.53 (26.50%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: December 9, 2024
End date: May 7, 2025
a = 10.3745
b = -0.0051
s = 0.1232
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0051) – 1
= -84.27%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1232) – 1
= 63.67%
December 9, 2024 calculations
Top border of price channel:
Exp(Y1,117)
= Exp(a + b × X1,117 + 2 × s)
= Exp(a + b × 1,622 + 2 × s)
= Exp(10.3745 + -0.0051 × 1,622 + 2 × 0.1232)
= Exp(2.4011)
= $11.04
Bottom border of price channel:
Exp(Y1,117)
= Exp(a + b × X1,117 – 2 × s)
= Exp(a + b × 1,622 – 2 × s)
= Exp(10.3745 + -0.0051 × 1,622 – 2 × 0.1232)
= Exp(1.9084)
= $6.74
May 7, 2025 calculations
Top border of price channel:
Exp(Y1,218)
= Exp(a + b × X1,218 + 2 × s)
= Exp(a + b × 1,771 + 2 × s)
= Exp(10.3745 + -0.0051 × 1,771 + 2 × 0.1232)
= Exp(1.6460)
= $5.19
Bottom border of price channel:
Exp(Y1,218)
= Exp(a + b × X1,218 – 2 × s)
= Exp(a + b × 1,771 – 2 × s)
= Exp(10.3745 + -0.0051 × 1,771 – 2 × 0.1232)
= Exp(1.1533)
= $3.17
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 84.27% per annum.
- JBLU price at the close of June 30, 2025 was higher than the top border of the secondary price channel by $0.29 (7.24%). This indicates a possible reversal in the secondary trend direction.