# Keysight Technologies Inc (KEYS)

Keysight Technologies, or Keysight, is an American company that manufactures electronics test and measurement equipment and software.

## 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 6.47% per annum.
• KEYS price at the close of July 19, 2024 was \$137.40 and was inside the primary price channel.
• The secondary trend is increasing.
• The growth rate of the secondary trend is 14.81% per annum.
• KEYS price at the close of July 19, 2024 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 KEYS 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: July 9, 2021
End date: July 19, 2024

a = 5.2912

b = -0.0002

s = 0.0954

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -6.47%

Exp(4 × s) – 1
= Exp(4 × 0.0954) – 1
= 46.43%

#### July 9, 2021 calculations

Top border of price channel:

Exp(Y496)
= Exp(a + b × X496 + 2 × s)
= Exp(a + b × 718 + 2 × s)
= Exp(5.2912 + -0.0002 × 718 + 2 × 0.0954)
= Exp(5.3503)
= \$210.67

Bottom border of price channel:

Exp(Y496)
= Exp(a + b × X496 – 2 × s)
= Exp(a + b × 718 – 2 × s)
= Exp(5.2912 + -0.0002 × 718 – 2 × 0.0954)
= Exp(4.9689)
= \$143.87

#### July 19, 2024 calculations

Top border of price channel:

Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(5.2912 + -0.0002 × 1,824 + 2 × 0.0954)
= Exp(5.1476)
= \$172.02

Bottom border of price channel:

Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(5.2912 + -0.0002 × 1,824 – 2 × 0.0954)
= Exp(4.7662)
= \$117.47

#### Description

• The primary trend is decreasing.
• The decline rate of the primary trend is 6.47% per annum.
• KEYS price at the close of July 19, 2024 was \$137.40 and was inside the primary price channel.

### Secondary Trend

Start date: August 18, 2023
End date: July 19, 2024

a = 4.3334

b = 0.0004

s = 0.0725

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 14.81%

Exp(4 × s) – 1
= Exp(4 × 0.0725) – 1
= 33.63%

#### August 18, 2023 calculations

Top border of price channel:

Exp(Y1,027)
= Exp(a + b × X1,027 + 2 × s)
= Exp(a + b × 1,488 + 2 × s)
= Exp(4.3334 + 0.0004 × 1,488 + 2 × 0.0725)
= Exp(5.0414)
= \$154.68

Bottom border of price channel:

Exp(Y1,027)
= Exp(a + b × X1,027 – 2 × s)
= Exp(a + b × 1,488 – 2 × s)
= Exp(4.3334 + 0.0004 × 1,488 – 2 × 0.0725)
= Exp(4.7515)
= \$115.75

#### July 19, 2024 calculations

Top border of price channel:

Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(4.3334 + 0.0004 × 1,824 + 2 × 0.0725)
= Exp(5.1685)
= \$175.65

Bottom border of price channel:

Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.3334 + 0.0004 × 1,824 – 2 × 0.0725)
= Exp(4.8786)
= \$131.44

#### Description

• The secondary trend is increasing.
• The growth rate of the secondary trend is 14.81% per annum.
• KEYS price at the close of July 19, 2024 was inside the secondary price channel.