J & J Snack Foods Corp (JJSF)
J & J Snack Foods Corp. The company is headquartered in Pennsauken, New Jersey.
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 38.55% per annum.
- JJSF price at the close of April 28, 2025 was $127.18 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 32.26% per annum.
- JJSF price at the close of April 28, 2025 was lower than the bottom border of the secondary price channel by $0.09 (0.07%). 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 JJSF 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 13, 2024
End date: April 28, 2025
a = 7.2754
b = -0.0013
s = 0.0570
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -38.55%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0570) – 1
= 25.61%
August 13, 2024 calculations
Top border of price channel:
Exp(Y1,079)
= Exp(a + b × X1,079 + 2 × s)
= Exp(a + b × 1,567 + 2 × s)
= Exp(7.2754 + -0.0013 × 1,567 + 2 × 0.0570)
= Exp(5.2987)
= $200.08
Bottom border of price channel:
Exp(Y1,079)
= Exp(a + b × X1,079 – 2 × s)
= Exp(a + b × 1,567 – 2 × s)
= Exp(7.2754 + -0.0013 × 1,567 – 2 × 0.0570)
= Exp(5.0707)
= $159.29
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(7.2754 + -0.0013 × 1,825 + 2 × 0.0570)
= Exp(4.9545)
= $141.81
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.2754 + -0.0013 × 1,825 – 2 × 0.0570)
= Exp(4.7265)
= $112.90
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 38.55% per annum.
- JJSF price at the close of April 28, 2025 was $127.18 and was inside the primary price channel.
Secondary Trend
Start date: February 4, 2025
End date: April 28, 2025
a = 3.5060
b = 0.0008
s = 0.0288
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.26%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0288) – 1
= 12.20%
February 4, 2025 calculations
Top border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 + 2 × s)
= Exp(a + b × 1,742 + 2 × s)
= Exp(3.5060 + 0.0008 × 1,742 + 2 × 0.0288)
= Exp(4.8978)
= $134.00
Bottom border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 – 2 × s)
= Exp(a + b × 1,742 – 2 × s)
= Exp(3.5060 + 0.0008 × 1,742 – 2 × 0.0288)
= Exp(4.7827)
= $119.43
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(3.5060 + 0.0008 × 1,825 + 2 × 0.0288)
= Exp(4.9614)
= $142.79
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.5060 + 0.0008 × 1,825 – 2 × 0.0288)
= Exp(4.8463)
= $127.27
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 32.26% per annum.
- JJSF price at the close of April 28, 2025 was lower than the bottom border of the secondary price channel by $0.09 (0.07%). This indicates a possible reversal in the secondary trend direction.