Kadant Inc (KAI)
Kadant Inc. (KAI), headquartered in Westford, Massachusetts, is a leading provider of essential components and engineered systems that cater to various industries, including paper, wood processing, and wastewater treatment. By leveraging advanced technology and engineering expertise, Kadant enhances operational efficiency and sustainability for its global clientele. The company's innovative solutions drive productivity improvements and energy efficiency, positioning it as a critical partner in the industrial sector. With a strong commitment to research and development, Kadant remains at the forefront of technological advancements, ensuring long-term growth and value creation for its stakeholders.
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 24.10% per annum.
- KAI price at the close of February 13, 2026 was $334.00 and was higher than the top border of the primary price channel by $28.33 (9.27%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 175.80% per annum.
- KAI price at the close of February 13, 2026 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 KAI 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: November 1, 2024
End date: January 7, 2026
a = 6.9747
b = -0.0008
s = 0.0625
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -24.10%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0625) – 1
= 28.40%
November 1, 2024 calculations
Top border of price channel:
Exp(Y935)
= Exp(a + b × X935 + 2 × s)
= Exp(a + b × 1,354 + 2 × s)
= Exp(6.9747 + -0.0008 × 1,354 + 2 × 0.0625)
= Exp(6.0768)
= $435.63
Bottom border of price channel:
Exp(Y935)
= Exp(a + b × X935 – 2 × s)
= Exp(a + b × 1,354 – 2 × s)
= Exp(6.9747 + -0.0008 × 1,354 – 2 × 0.0625)
= Exp(5.8268)
= $339.27
January 7, 2026 calculations
Top border of price channel:
Exp(Y1,229)
= Exp(a + b × X1,229 + 2 × s)
= Exp(a + b × 1,786 + 2 × s)
= Exp(6.9747 + -0.0008 × 1,786 + 2 × 0.0625)
= Exp(5.7504)
= $314.33
Bottom border of price channel:
Exp(Y1,229)
= Exp(a + b × X1,229 – 2 × s)
= Exp(a + b × 1,786 – 2 × s)
= Exp(6.9747 + -0.0008 × 1,786 – 2 × 0.0625)
= Exp(5.5005)
= $244.80
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 24.10% per annum.
- KAI price at the close of February 13, 2026 was $334.00 and was higher than the top border of the primary price channel by $28.33 (9.27%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 6, 2025
End date: February 13, 2026
a = 0.7603
b = 0.0028
s = 0.0277
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0028) – 1
= 175.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0277) – 1
= 11.70%
November 6, 2025 calculations
Top border of price channel:
Exp(Y1,188)
= Exp(a + b × X1,188 + 2 × s)
= Exp(a + b × 1,724 + 2 × s)
= Exp(0.7603 + 0.0028 × 1,724 + 2 × 0.0277)
= Exp(5.6075)
= $272.45
Bottom border of price channel:
Exp(Y1,188)
= Exp(a + b × X1,188 – 2 × s)
= Exp(a + b × 1,724 – 2 × s)
= Exp(0.7603 + 0.0028 × 1,724 – 2 × 0.0277)
= Exp(5.4968)
= $243.92
February 13, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(0.7603 + 0.0028 × 1,823 + 2 × 0.0277)
= Exp(5.8826)
= $358.75
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(0.7603 + 0.0028 × 1,823 – 2 × 0.0277)
= Exp(5.7720)
= $321.18
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 175.80% per annum.
- KAI price at the close of February 13, 2026 was inside the secondary price channel.