Impinj Inc (PI)
Impinj, Inc. operates a cloud connectivity platform. The company is headquartered in Seattle, Washington.
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 89.47% per annum.
- PI price at the close of April 28, 2025 was $90.84 and was higher than the top border of the primary price channel by $11.15 (13.99%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 141,411.68% per annum.
- PI price at the close of April 28, 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 PI 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: October 4, 2024
End date: April 23, 2025
a = 15.4905
b = -0.0062
s = 0.0715
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0062) – 1
= -89.47%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0715) – 1
= 33.12%
October 4, 2024 calculations
Top border of price channel:
Exp(Y1,116)
= Exp(a + b × X1,116 + 2 × s)
= Exp(a + b × 1,619 + 2 × s)
= Exp(15.4905 + -0.0062 × 1,619 + 2 × 0.0715)
= Exp(5.6486)
= $283.90
Bottom border of price channel:
Exp(Y1,116)
= Exp(a + b × X1,116 – 2 × s)
= Exp(a + b × 1,619 – 2 × s)
= Exp(15.4905 + -0.0062 × 1,619 – 2 × 0.0715)
= Exp(5.3626)
= $213.27
April 23, 2025 calculations
Top border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 + 2 × s)
= Exp(a + b × 1,820 + 2 × s)
= Exp(15.4905 + -0.0062 × 1,820 + 2 × 0.0715)
= Exp(4.4090)
= $82.19
Bottom border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 – 2 × s)
= Exp(a + b × 1,820 – 2 × s)
= Exp(15.4905 + -0.0062 × 1,820 – 2 × 0.0715)
= Exp(4.1229)
= $61.74
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 89.47% per annum.
- PI price at the close of April 28, 2025 was $90.84 and was higher than the top border of the primary price channel by $11.15 (13.99%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 10, 2025
End date: April 28, 2025
a = -31.7890
b = 0.0199
s = 0.0671
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0199) – 1
= 141,411.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0671) – 1
= 30.80%
April 10, 2025 calculations
Top border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 + 2 × s)
= Exp(a + b × 1,807 + 2 × s)
= Exp(-31.7890 + 0.0199 × 1,807 + 2 × 0.0671)
= Exp(4.2623)
= $70.97
Bottom border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 – 2 × s)
= Exp(a + b × 1,807 – 2 × s)
= Exp(-31.7890 + 0.0199 × 1,807 – 2 × 0.0671)
= Exp(3.9938)
= $54.26
April 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(-31.7890 + 0.0199 × 1,825 + 2 × 0.0671)
= Exp(4.6201)
= $101.50
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-31.7890 + 0.0199 × 1,825 – 2 × 0.0671)
= Exp(4.3516)
= $77.60
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 141,411.68% per annum.
- PI price at the close of April 28, 2025 was inside the secondary price channel.