Stock Price Trends

La-Z-Boy Incorporated (LZB)

La-Z-Boy Incorporated is a leading manufacturer and retailer of upholstered furniture, known for its innovative designs and quality craftsmanship. Headquartered in Monroe, Michigan, the company operates across the United States, Canada, and internationally, offering a diverse range of products that include sofas, chairs, and home décor accessories. With a strong brand presence and a commitment to sustainability, La-Z-Boy is well-positioned to capture market share in the growing home furnishings sector while meeting evolving consumer preferences.

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 44.95% per annum.
  • LZB price at the close of November 18, 2025 was $29.59 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 75.97% per annum.
  • LZB price at the close of November 18, 2025 was inside the secondary price channel.

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 LZB 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: May 8, 2025
End date: November 18, 2025

a = 6.4187

b = -0.0016

s = 0.0277

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -44.95%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0277) – 1
= 11.72%

May 8, 2025 calculations

Top border of price channel:

Exp(Y1,120)
= Exp(a + b × X1,120 + 2 × s)
= Exp(a + b × 1,631 + 2 × s)
= Exp(6.4187 + -0.0016 × 1,631 + 2 × 0.0277)
= Exp(3.8066)
= $45.00

Bottom border of price channel:

Exp(Y1,120)
= Exp(a + b × X1,120 – 2 × s)
= Exp(a + b × 1,631 – 2 × s)
= Exp(6.4187 + -0.0016 × 1,631 – 2 × 0.0277)
= Exp(3.6958)
= $40.28

November 18, 2025 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(6.4187 + -0.0016 × 1,825 + 2 × 0.0277)
= Exp(3.4893)
= $32.76

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.4187 + -0.0016 × 1,825 – 2 × 0.0277)
= Exp(3.3785)
= $29.33

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 44.95% per annum.
  • LZB price at the close of November 18, 2025 was $29.59 and was inside the primary price channel.

Secondary Trend

Start date: October 22, 2025
End date: November 18, 2025

a = 10.5284

b = -0.0039

s = 0.0123

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0039) – 1
= -75.97%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0123) – 1
= 5.06%

October 22, 2025 calculations

Top border of price channel:

Exp(Y1,235)
= Exp(a + b × X1,235 + 2 × s)
= Exp(a + b × 1,798 + 2 × s)
= Exp(10.5284 + -0.0039 × 1,798 + 2 × 0.0123)
= Exp(3.5292)
= $34.10

Bottom border of price channel:

Exp(Y1,235)
= Exp(a + b × X1,235 – 2 × s)
= Exp(a + b × 1,798 – 2 × s)
= Exp(10.5284 + -0.0039 × 1,798 – 2 × 0.0123)
= Exp(3.4799)
= $32.46

November 18, 2025 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(10.5284 + -0.0039 × 1,825 + 2 × 0.0123)
= Exp(3.4237)
= $30.68

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(10.5284 + -0.0039 × 1,825 – 2 × 0.0123)
= Exp(3.3744)
= $29.21

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 75.97% per annum.
  • LZB price at the close of November 18, 2025 was inside the secondary price channel.