Jack Henry & Associates Inc (JKHY)
Jack Henry & Associates, Inc. (JKHY) is a leading technology provider specializing in payment processing and software solutions tailored for the financial services sector. With a diverse portfolio of products and services, the company empowers financial institutions to enhance their operational efficiency and deliver superior customer experiences. Serving over 8,000 clients, including banks and credit unions, Jack Henry leverages innovative technology to facilitate robust payment solutions, risk management, and data analytics. Its commitment to quality and service excellence positions it as a trusted partner in the evolving financial landscape.
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 8.93% per annum.
- JKHY price at the close of March 16, 2026 was $167.35 and was lower than the bottom border of the primary price channel by $7.53 (4.31%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 0.50% per annum.
- JKHY price at the close of March 16, 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 JKHY 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 9, 2023
End date: July 29, 2025
a = 4.8205
b = 0.0002
s = 0.0420
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 8.93%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0420) – 1
= 18.29%
March 9, 2023 calculations
Top border of price channel:
Exp(Y498)
= Exp(a + b × X498 + 2 × s)
= Exp(a + b × 722 + 2 × s)
= Exp(4.8205 + 0.0002 × 722 + 2 × 0.0420)
= Exp(5.0737)
= $159.76
Bottom border of price channel:
Exp(Y498)
= Exp(a + b × X498 – 2 × s)
= Exp(a + b × 722 – 2 × s)
= Exp(4.8205 + 0.0002 × 722 – 2 × 0.0420)
= Exp(4.9057)
= $135.06
July 29, 2025 calculations
Top border of price channel:
Exp(Y1,096)
= Exp(a + b × X1,096 + 2 × s)
= Exp(a + b × 1,595 + 2 × s)
= Exp(4.8205 + 0.0002 × 1,595 + 2 × 0.0420)
= Exp(5.2782)
= $196.02
Bottom border of price channel:
Exp(Y1,096)
= Exp(a + b × X1,096 – 2 × s)
= Exp(a + b × 1,595 – 2 × s)
= Exp(4.8205 + 0.0002 × 1,595 – 2 × 0.0420)
= Exp(5.1102)
= $165.71
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 8.93% per annum.
- JKHY price at the close of March 16, 2026 was $167.35 and was lower than the bottom border of the primary price channel by $7.53 (4.31%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: December 6, 2023
End date: December 2, 2025
a = 5.0995
b = 0.0000
s = 0.0489
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 0.50%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0489) – 1
= 21.61%
December 6, 2023 calculations
Top border of price channel:
Exp(Y686)
= Exp(a + b × X686 + 2 × s)
= Exp(a + b × 994 + 2 × s)
= Exp(5.0995 + 0.0000 × 994 + 2 × 0.0489)
= Exp(5.2110)
= $183.27
Bottom border of price channel:
Exp(Y686)
= Exp(a + b × X686 – 2 × s)
= Exp(a + b × 994 – 2 × s)
= Exp(5.0995 + 0.0000 × 994 – 2 × 0.0489)
= Exp(5.0153)
= $150.71
December 2, 2025 calculations
Top border of price channel:
Exp(Y1,184)
= Exp(a + b × X1,184 + 2 × s)
= Exp(a + b × 1,721 + 2 × s)
= Exp(5.0995 + 0.0000 × 1,721 + 2 × 0.0489)
= Exp(5.2210)
= $185.11
Bottom border of price channel:
Exp(Y1,184)
= Exp(a + b × X1,184 – 2 × s)
= Exp(a + b × 1,721 – 2 × s)
= Exp(5.0995 + 0.0000 × 1,721 – 2 × 0.0489)
= Exp(5.0254)
= $152.23
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 0.50% per annum.
- JKHY price at the close of March 16, 2026 was inside the secondary price channel.