NXP Semiconductors NV (NXPI)
NXP Semiconductors N.V. is a Dutch semiconductor manufacturer with headquarters in Eindhoven, Netherlands.
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 38.56% per annum.
- NXPI price at the close of July 26, 2024 was $253.62 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 71.48% per annum.
- NXPI price at the close of July 26, 2024 was lower than the bottom border of the secondary price channel by $4.13 (1.60%). This indicates a possible reversal in the secondary trend direction.
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 NXPI 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: September 13, 2022
End date: July 26, 2024
a = 3.9563
b = 0.0009
s = 0.0670
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 38.56%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0670) – 1
= 30.75%
September 13, 2022 calculations
Top border of price channel:
Exp(Y788)
= Exp(a + b × X788 + 2 × s)
= Exp(a + b × 1,142 + 2 × s)
= Exp(3.9563 + 0.0009 × 1,142 + 2 × 0.0670)
= Exp(5.1107)
= $165.78
Bottom border of price channel:
Exp(Y788)
= Exp(a + b × X788 – 2 × s)
= Exp(a + b × 1,142 – 2 × s)
= Exp(3.9563 + 0.0009 × 1,142 – 2 × 0.0670)
= Exp(4.8426)
= $126.79
July 26, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(3.9563 + 0.0009 × 1,824 + 2 × 0.0670)
= Exp(5.7200)
= $304.91
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(3.9563 + 0.0009 × 1,824 – 2 × 0.0670)
= Exp(5.4519)
= $233.20
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 38.56% per annum.
- NXPI price at the close of July 26, 2024 was $253.62 and was inside the primary price channel.
Secondary Trend
Start date: October 13, 2023
End date: July 26, 2024
a = 2.9631
b = 0.0015
s = 0.0530
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 71.48%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0530) – 1
= 23.64%
October 13, 2023 calculations
Top border of price channel:
Exp(Y1,061)
= Exp(a + b × X1,061 + 2 × s)
= Exp(a + b × 1,537 + 2 × s)
= Exp(2.9631 + 0.0015 × 1,537 + 2 × 0.0530)
= Exp(5.3401)
= $208.54
Bottom border of price channel:
Exp(Y1,061)
= Exp(a + b × X1,061 – 2 × s)
= Exp(a + b × 1,537 – 2 × s)
= Exp(2.9631 + 0.0015 × 1,537 – 2 × 0.0530)
= Exp(5.1280)
= $168.67
July 26, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(2.9631 + 0.0015 × 1,824 + 2 × 0.0530)
= Exp(5.7642)
= $318.67
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(2.9631 + 0.0015 × 1,824 – 2 × 0.0530)
= Exp(5.5520)
= $257.75
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 71.48% per annum.
- NXPI price at the close of July 26, 2024 was lower than the bottom border of the secondary price channel by $4.13 (1.60%). This indicates a possible reversal in the secondary trend direction.