# 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:

Y_{i} = α + β × X_{i} + ε_{i}

Top border of price channel:

Exp(Y_{i}) = Exp(a + b × X_{i} + 2 × s)

Bottom border of price channel:

Exp(Y_{i}) = Exp(a + b × X_{i} – 2 × s)

where:

i - observation number

Y_{i} - natural logarithm of KEYS price

X_{i} - time index, 1 day interval

σ - standard deviation of ε_{i}

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%

Price channel spread:

Exp(4 × s) – 1

= Exp(4 × 0.0954) – 1

= 46.43%

#### July 9, 2021 calculations

Top border of price channel:

Exp(Y_{496})

= Exp(a + b × X_{496} + 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(Y_{496})

= Exp(a + b × X_{496} – 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(Y_{1,257})

= Exp(a + b × X_{1,257} + 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(Y_{1,257})

= Exp(a + b × X_{1,257} – 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%

Price channel spread:

Exp(4 × s) – 1

= Exp(4 × 0.0725) – 1

= 33.63%

#### August 18, 2023 calculations

Top border of price channel:

Exp(Y_{1,027})

= Exp(a + b × X_{1,027} + 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(Y_{1,027})

= Exp(a + b × X_{1,027} – 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(Y_{1,257})

= Exp(a + b × X_{1,257} + 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(Y_{1,257})

= Exp(a + b × X_{1,257} – 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.