Metallus, Inc (MTUS)
Metallus Inc. manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company is headquartered in Canton, Ohio.
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 26.13% per annum.
- MTUS price at the close of September 17, 2025 was $16.48 and was higher than the top border of the primary price channel by $1.25 (8.22%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 120.17% per annum.
- MTUS price at the close of September 17, 2025 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 MTUS 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: June 27, 2023
End date: June 26, 2025
a = 4.0313
b = -0.0008
s = 0.1030
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -26.13%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1030) – 1
= 51.00%
June 27, 2023 calculations
Top border of price channel:
Exp(Y696)
= Exp(a + b × X696 + 2 × s)
= Exp(a + b × 1,012 + 2 × s)
= Exp(4.0313 + -0.0008 × 1,012 + 2 × 0.1030)
= Exp(3.3977)
= $29.89
Bottom border of price channel:
Exp(Y696)
= Exp(a + b × X696 – 2 × s)
= Exp(a + b × 1,012 – 2 × s)
= Exp(4.0313 + -0.0008 × 1,012 – 2 × 0.1030)
= Exp(2.9856)
= $19.80
June 26, 2025 calculations
Top border of price channel:
Exp(Y1,197)
= Exp(a + b × X1,197 + 2 × s)
= Exp(a + b × 1,742 + 2 × s)
= Exp(4.0313 + -0.0008 × 1,742 + 2 × 0.1030)
= Exp(2.7920)
= $16.31
Bottom border of price channel:
Exp(Y1,197)
= Exp(a + b × X1,197 – 2 × s)
= Exp(a + b × 1,742 – 2 × s)
= Exp(4.0313 + -0.0008 × 1,742 – 2 × 0.1030)
= Exp(2.3799)
= $10.80
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 26.13% per annum.
- MTUS price at the close of September 17, 2025 was $16.48 and was higher than the top border of the primary price channel by $1.25 (8.22%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 3, 2025
End date: September 17, 2025
a = -1.0839
b = 0.0022
s = 0.0472
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0022) – 1
= 120.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0472) – 1
= 20.80%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,140)
= Exp(a + b × X1,140 + 2 × s)
= Exp(a + b × 1,658 + 2 × s)
= Exp(-1.0839 + 0.0022 × 1,658 + 2 × 0.0472)
= Exp(2.5957)
= $13.41
Bottom border of price channel:
Exp(Y1,140)
= Exp(a + b × X1,140 – 2 × s)
= Exp(a + b × 1,658 – 2 × s)
= Exp(-1.0839 + 0.0022 × 1,658 – 2 × 0.0472)
= Exp(2.4067)
= $11.10
September 17, 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(-1.0839 + 0.0022 × 1,825 + 2 × 0.0472)
= Exp(2.9568)
= $19.24
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-1.0839 + 0.0022 × 1,825 – 2 × 0.0472)
= Exp(2.7679)
= $15.92
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 120.17% per annum.
- MTUS price at the close of September 17, 2025 was inside the secondary price channel.