Matthews International Corporation (MATW)
Matthews International Corporation (MATW) is a diversified global brand solutions provider headquartered in Pittsburgh, Pennsylvania. The company specializes in the manufacturing and marketing of a wide range of products, including memorialization solutions, industrial technologies, and brand identification offerings. With a robust portfolio that serves various industries, Matthews International is well-positioned to leverage market trends and demand for customized branding and commemorative products, while also focusing on innovation and sustainability initiatives to drive long-term growth.
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 23.15% per annum.
- MATW price at the close of December 1, 2025 was $24.49 and was higher than the top border of the primary price channel by $1.62 (7.10%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 71.36% per annum.
- MATW price at the close of December 1, 2025 was lower than the bottom border of the secondary price channel by $0.82 (3.24%). This indicates a possible reversal in the secondary trend direction.
- 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 MATW 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: January 31, 2023
End date: June 25, 2025
a = 4.2245
b = -0.0007
s = 0.1110
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -23.15%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1110) – 1
= 55.86%
January 31, 2023 calculations
Top border of price channel:
Exp(Y543)
= Exp(a + b × X543 + 2 × s)
= Exp(a + b × 790 + 2 × s)
= Exp(4.2245 + -0.0007 × 790 + 2 × 0.1110)
= Exp(3.8764)
= $48.25
Bottom border of price channel:
Exp(Y543)
= Exp(a + b × X543 – 2 × s)
= Exp(a + b × 790 – 2 × s)
= Exp(4.2245 + -0.0007 × 790 – 2 × 0.1110)
= Exp(3.4326)
= $30.96
June 25, 2025 calculations
Top border of price channel:
Exp(Y1,144)
= Exp(a + b × X1,144 + 2 × s)
= Exp(a + b × 1,666 + 2 × s)
= Exp(4.2245 + -0.0007 × 1,666 + 2 × 0.1110)
= Exp(3.2444)
= $25.65
Bottom border of price channel:
Exp(Y1,144)
= Exp(a + b × X1,144 – 2 × s)
= Exp(a + b × 1,666 – 2 × s)
= Exp(4.2245 + -0.0007 × 1,666 – 2 × 0.1110)
= Exp(2.8006)
= $16.45
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 23.15% per annum.
- MATW price at the close of December 1, 2025 was $24.49 and was higher than the top border of the primary price channel by $1.62 (7.10%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: March 31, 2025
End date: October 6, 2025
a = 0.6353
b = 0.0015
s = 0.0486
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 71.36%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0486) – 1
= 21.45%
March 31, 2025 calculations
Top border of price channel:
Exp(Y1,085)
= Exp(a + b × X1,085 + 2 × s)
= Exp(a + b × 1,580 + 2 × s)
= Exp(0.6353 + 0.0015 × 1,580 + 2 × 0.0486)
= Exp(3.0640)
= $21.41
Bottom border of price channel:
Exp(Y1,085)
= Exp(a + b × X1,085 – 2 × s)
= Exp(a + b × 1,580 – 2 × s)
= Exp(0.6353 + 0.0015 × 1,580 – 2 × 0.0486)
= Exp(2.8697)
= $17.63
October 6, 2025 calculations
Top border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 + 2 × s)
= Exp(a + b × 1,769 + 2 × s)
= Exp(0.6353 + 0.0015 × 1,769 + 2 × 0.0486)
= Exp(3.3429)
= $28.30
Bottom border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 – 2 × s)
= Exp(a + b × 1,769 – 2 × s)
= Exp(0.6353 + 0.0015 × 1,769 – 2 × 0.0486)
= Exp(3.1486)
= $23.30
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 71.36% per annum.
- MATW price at the close of December 1, 2025 was lower than the bottom border of the secondary price channel by $0.82 (3.24%). This indicates a possible reversal in the secondary trend direction.