Stock Price Trends

OGE Energy Corporation (OGE)

OGE Energy Corp. The company is headquartered in Oklahoma City, Oklahoma.

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 37.37% per annum.
  • OGE price at the close of August 15, 2025 was $45.09 and was lower than the bottom border of the primary price channel by $2.38 (5.01%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 19.69% per annum.
  • OGE price at the close of August 15, 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 OGE 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 11, 2024
End date: May 7, 2025

a = 2.3306

b = 0.0009

s = 0.0287

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 37.37%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0287) – 1
= 12.16%

January 11, 2024 calculations

Top border of price channel:

Exp(Y856)
= Exp(a + b × X856 + 2 × s)
= Exp(a + b × 1,242 + 2 × s)
= Exp(2.3306 + 0.0009 × 1,242 + 2 × 0.0287)
= Exp(3.4684)
= $32.09

Bottom border of price channel:

Exp(Y856)
= Exp(a + b × X856 – 2 × s)
= Exp(a + b × 1,242 – 2 × s)
= Exp(2.3306 + 0.0009 × 1,242 – 2 × 0.0287)
= Exp(3.3537)
= $28.61

May 7, 2025 calculations

Top border of price channel:

Exp(Y1,186)
= Exp(a + b × X1,186 + 2 × s)
= Exp(a + b × 1,724 + 2 × s)
= Exp(2.3306 + 0.0009 × 1,724 + 2 × 0.0287)
= Exp(3.8878)
= $48.80

Bottom border of price channel:

Exp(Y1,186)
= Exp(a + b × X1,186 – 2 × s)
= Exp(a + b × 1,724 – 2 × s)
= Exp(2.3306 + 0.0009 × 1,724 – 2 × 0.0287)
= Exp(3.7730)
= $43.51

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 37.37% per annum.
  • OGE price at the close of August 15, 2025 was $45.09 and was lower than the bottom border of the primary price channel by $2.38 (5.01%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: July 30, 2024
End date: August 15, 2025

a = 2.9299

b = 0.0005

s = 0.0251

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 19.69%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0251) – 1
= 10.57%

July 30, 2024 calculations

Top border of price channel:

Exp(Y993)
= Exp(a + b × X993 + 2 × s)
= Exp(a + b × 1,443 + 2 × s)
= Exp(2.9299 + 0.0005 × 1,443 + 2 × 0.0251)
= Exp(3.6908)
= $40.08

Bottom border of price channel:

Exp(Y993)
= Exp(a + b × X993 – 2 × s)
= Exp(a + b × 1,443 – 2 × s)
= Exp(2.9299 + 0.0005 × 1,443 – 2 × 0.0251)
= Exp(3.5903)
= $36.24

August 15, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(2.9299 + 0.0005 × 1,824 + 2 × 0.0251)
= Exp(3.8784)
= $48.35

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(2.9299 + 0.0005 × 1,824 – 2 × 0.0251)
= Exp(3.7779)
= $43.72

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 19.69% per annum.
  • OGE price at the close of August 15, 2025 was inside the secondary price channel.