Mirion Technologies Inc (MIR)
None
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 68.18% per annum.
- MIR price at the close of January 9, 2026 was $25.97 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 54.12% per annum.
- MIR price at the close of January 9, 2026 was higher than the top border of the secondary price channel by $0.06 (0.22%). 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 MIR 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: July 18, 2023
End date: January 9, 2026
a = 0.6445
b = 0.0014
s = 0.1077
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 68.18%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1077) – 1
= 53.85%
July 18, 2023 calculations
Top border of price channel:
Exp(Y632)
= Exp(a + b × X632 + 2 × s)
= Exp(a + b × 918 + 2 × s)
= Exp(0.6445 + 0.0014 × 918 + 2 × 0.1077)
= Exp(2.1674)
= $8.74
Bottom border of price channel:
Exp(Y632)
= Exp(a + b × X632 – 2 × s)
= Exp(a + b × 918 – 2 × s)
= Exp(0.6445 + 0.0014 × 918 – 2 × 0.1077)
= Exp(1.7366)
= $5.68
January 9, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(0.6445 + 0.0014 × 1,824 + 2 × 0.1077)
= Exp(3.4578)
= $31.75
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(0.6445 + 0.0014 × 1,824 – 2 × 0.1077)
= Exp(3.0270)
= $20.64
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 68.18% per annum.
- MIR price at the close of January 9, 2026 was $25.97 and was inside the primary price channel.
Secondary Trend
Start date: October 29, 2025
End date: January 9, 2026
a = 7.0447
b = -0.0021
s = 0.0520
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0021) – 1
= -54.12%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0520) – 1
= 23.13%
October 29, 2025 calculations
Top border of price channel:
Exp(Y1,206)
= Exp(a + b × X1,206 + 2 × s)
= Exp(a + b × 1,752 + 2 × s)
= Exp(7.0447 + -0.0021 × 1,752 + 2 × 0.0520)
= Exp(3.4085)
= $30.22
Bottom border of price channel:
Exp(Y1,206)
= Exp(a + b × X1,206 – 2 × s)
= Exp(a + b × 1,752 – 2 × s)
= Exp(7.0447 + -0.0021 × 1,752 – 2 × 0.0520)
= Exp(3.2004)
= $24.54
January 9, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(7.0447 + -0.0021 × 1,824 + 2 × 0.0520)
= Exp(3.2548)
= $25.91
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(7.0447 + -0.0021 × 1,824 – 2 × 0.0520)
= Exp(3.0467)
= $21.05
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 54.12% per annum.
- MIR price at the close of January 9, 2026 was higher than the top border of the secondary price channel by $0.06 (0.22%). This indicates a possible reversal in the secondary trend direction.