Linde plc Ordinary Shares (LIN)
Linde plc is a leading multinational chemical company and the world's largest industrial gas supplier by market share and revenue. The company caters to a diverse range of industries, including healthcare, petroleum refining, manufacturing, food and beverage, steel production, aerospace, and electronics. Linde specializes in the production and distribution of atmospheric gases such as oxygen, nitrogen, and argon, as well as process gases including hydrogen, helium, and specialty gases. With a strong emphasis on innovation and sustainability, Linde plays a crucial role in enhancing operational efficiencies and reducing carbon footprints for its customers worldwide.
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 0.86% per annum.
- LIN price at the close of February 20, 2026 was $496.51 and was higher than the top border of the primary price channel by $6.10 (1.24%).
- The secondary trend is increasing.
- The growth rate of the secondary trend is 119.23% per annum.
- LIN price at the close of February 20, 2026 was higher than the top border of the secondary price channel by $0.26 (0.05%).
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 LIN 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: February 16, 2024
End date: February 12, 2026
a = 6.0661
b = 0.0000
s = 0.0432
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 0.86%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0432) – 1
= 18.87%
February 16, 2024 calculations
Top border of price channel:
Exp(Y751)
= Exp(a + b × X751 + 2 × s)
= Exp(a + b × 1,088 + 2 × s)
= Exp(6.0661 + 0.0000 × 1,088 + 2 × 0.0432)
= Exp(6.1780)
= $482.04
Bottom border of price channel:
Exp(Y751)
= Exp(a + b × X751 – 2 × s)
= Exp(a + b × 1,088 – 2 × s)
= Exp(6.0661 + 0.0000 × 1,088 – 2 × 0.0432)
= Exp(6.0052)
= $405.53
February 12, 2026 calculations
Top border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 + 2 × s)
= Exp(a + b × 1,815 + 2 × s)
= Exp(6.0661 + 0.0000 × 1,815 + 2 × 0.0432)
= Exp(6.1951)
= $490.32
Bottom border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 – 2 × s)
= Exp(a + b × 1,815 – 2 × s)
= Exp(6.0661 + 0.0000 × 1,815 – 2 × 0.0432)
= Exp(6.0222)
= $412.49
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 0.86% per annum.
- LIN price at the close of February 20, 2026 was $496.51 and was higher than the top border of the primary price channel by $6.10 (1.24%).
Secondary Trend
Start date: November 24, 2025
End date: February 20, 2026
a = 2.2510
b = 0.0022
s = 0.0179
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0022) – 1
= 119.23%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0179) – 1
= 7.41%
November 24, 2025 calculations
Top border of price channel:
Exp(Y1,195)
= Exp(a + b × X1,195 + 2 × s)
= Exp(a + b × 1,735 + 2 × s)
= Exp(2.2510 + 0.0022 × 1,735 + 2 × 0.0179)
= Exp(6.0178)
= $410.69
Bottom border of price channel:
Exp(Y1,195)
= Exp(a + b × X1,195 – 2 × s)
= Exp(a + b × 1,735 – 2 × s)
= Exp(2.2510 + 0.0022 × 1,735 – 2 × 0.0179)
= Exp(5.9464)
= $382.37
February 20, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.2510 + 0.0022 × 1,823 + 2 × 0.0179)
= Exp(6.2071)
= $496.25
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.2510 + 0.0022 × 1,823 – 2 × 0.0179)
= Exp(6.1356)
= $462.03
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 119.23% per annum.
- LIN price at the close of February 20, 2026 was higher than the top border of the secondary price channel by $0.26 (0.05%).