Jack Henry & Associates Inc (JKHY)
Jack Henry & Associates, Inc. is a technology company and payment processing service for the financial services industry.
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 37.61% per annum.
- JKHY price at the close of September 17, 2025 was $159.78 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 1.68% per annum.
- JKHY price at the close of September 17, 2025 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: May 16, 2025
End date: September 17, 2025
a = 7.4275
b = -0.0013
s = 0.0224
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -37.61%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0224) – 1
= 9.38%
May 16, 2025 calculations
Top border of price channel:
Exp(Y1,170)
= Exp(a + b × X1,170 + 2 × s)
= Exp(a + b × 1,701 + 2 × s)
= Exp(7.4275 + -0.0013 × 1,701 + 2 × 0.0224)
= Exp(5.2740)
= $195.20
Bottom border of price channel:
Exp(Y1,170)
= Exp(a + b × X1,170 – 2 × s)
= Exp(a + b × 1,701 – 2 × s)
= Exp(7.4275 + -0.0013 × 1,701 – 2 × 0.0224)
= Exp(5.1844)
= $178.46
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(7.4275 + -0.0013 × 1,825 + 2 × 0.0224)
= Exp(5.1138)
= $166.29
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.4275 + -0.0013 × 1,825 – 2 × 0.0224)
= Exp(5.0241)
= $152.04
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 37.61% per annum.
- JKHY price at the close of September 17, 2025 was $159.78 and was inside the primary price channel.
Secondary Trend
Start date: August 8, 2025
End date: September 17, 2025
a = 5.1650
b = 0.0000
s = 0.0107
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= -1.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0107) – 1
= 4.37%
August 8, 2025 calculations
Top border of price channel:
Exp(Y1,227)
= Exp(a + b × X1,227 + 2 × s)
= Exp(a + b × 1,785 + 2 × s)
= Exp(5.1650 + 0.0000 × 1,785 + 2 × 0.0107)
= Exp(5.1037)
= $164.63
Bottom border of price channel:
Exp(Y1,227)
= Exp(a + b × X1,227 – 2 × s)
= Exp(a + b × 1,785 – 2 × s)
= Exp(5.1650 + 0.0000 × 1,785 – 2 × 0.0107)
= Exp(5.0610)
= $157.74
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(5.1650 + 0.0000 × 1,825 + 2 × 0.0107)
= Exp(5.1019)
= $164.33
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.1650 + 0.0000 × 1,825 – 2 × 0.0107)
= Exp(5.0591)
= $157.45
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 1.68% per annum.
- JKHY price at the close of September 17, 2025 was inside the secondary price channel.