Lattice Semiconductor Corporation (LSCC)
Lattice Semiconductor Corporation, develops and sells semiconductor products in Asia, Europe and America. The company is headquartered in Hillsboro, Oregon.
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 21.82% per annum.
- LSCC price at the close of May 7, 2024 was $71.80 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 75.56% per annum.
- LSCC price at the close of May 7, 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 LSCC 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 1, 2023
End date: May 7, 2024
a = 5.4379
b = -0.0007
s = 0.1170
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -21.82%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1170) – 1
= 59.67%
February 1, 2023 calculations
Top border of price channel:
Exp(Y941)
= Exp(a + b × X941 + 2 × s)
= Exp(a + b × 1,365 + 2 × s)
= Exp(5.4379 + -0.0007 × 1,365 + 2 × 0.1170)
= Exp(4.7515)
= $115.76
Bottom border of price channel:
Exp(Y941)
= Exp(a + b × X941 – 2 × s)
= Exp(a + b × 1,365 – 2 × s)
= Exp(5.4379 + -0.0007 × 1,365 – 2 × 0.1170)
= Exp(4.2835)
= $72.50
May 7, 2024 calculations
Top border of price channel:
Exp(Y1,258)
= Exp(a + b × X1,258 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(5.4379 + -0.0007 × 1,826 + 2 × 0.1170)
= Exp(4.4407)
= $84.83
Bottom border of price channel:
Exp(Y1,258)
= Exp(a + b × X1,258 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(5.4379 + -0.0007 × 1,826 – 2 × 0.1170)
= Exp(3.9727)
= $53.13
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 21.82% per annum.
- LSCC price at the close of May 7, 2024 was $71.80 and was inside the primary price channel.
Secondary Trend
Start date: October 31, 2023
End date: May 7, 2024
a = 1.5520
b = 0.0015
s = 0.0695
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 75.56%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0695) – 1
= 32.07%
October 31, 2023 calculations
Top border of price channel:
Exp(Y1,129)
= Exp(a + b × X1,129 + 2 × s)
= Exp(a + b × 1,637 + 2 × s)
= Exp(1.5520 + 0.0015 × 1,637 + 2 × 0.0695)
= Exp(4.2152)
= $67.71
Bottom border of price channel:
Exp(Y1,129)
= Exp(a + b × X1,129 – 2 × s)
= Exp(a + b × 1,637 – 2 × s)
= Exp(1.5520 + 0.0015 × 1,637 – 2 × 0.0695)
= Exp(3.9371)
= $51.27
May 7, 2024 calculations
Top border of price channel:
Exp(Y1,258)
= Exp(a + b × X1,258 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(1.5520 + 0.0015 × 1,826 + 2 × 0.0695)
= Exp(4.5066)
= $90.62
Bottom border of price channel:
Exp(Y1,258)
= Exp(a + b × X1,258 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.5520 + 0.0015 × 1,826 – 2 × 0.0695)
= Exp(4.2285)
= $68.61
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 75.56% per annum.
- LSCC price at the close of May 7, 2024 was inside the secondary price channel.