Stock Price Trends

Piper Sandler Companies (PIPR)

Piper Sandler Companies is an investment bank and institutional securities firm serving corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company is headquartered in Minneapolis, Minnesota.

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 75.57% per annum.
  • PIPR price at the close of July 11, 2025 was $302.29 and was lower than the bottom border of the primary price channel by $45.73 (13.14%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 27.93% per annum.
  • PIPR price at the close of July 11, 2025 was higher than the top border of the secondary price channel by $16.48 (5.77%). 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 PIPR 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: March 9, 2023
End date: February 19, 2025

a = 3.1970

b = 0.0015

s = 0.0780

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 75.57%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0780) – 1
= 36.62%

March 9, 2023 calculations

Top border of price channel:

Exp(Y668)
= Exp(a + b × X668 + 2 × s)
= Exp(a + b × 968 + 2 × s)
= Exp(3.1970 + 0.0015 × 968 + 2 × 0.0780)
= Exp(4.8458)
= $127.20

Bottom border of price channel:

Exp(Y668)
= Exp(a + b × X668 – 2 × s)
= Exp(a + b × 968 – 2 × s)
= Exp(3.1970 + 0.0015 × 968 – 2 × 0.0780)
= Exp(4.5337)
= $93.11

February 19, 2025 calculations

Top border of price channel:

Exp(Y1,156)
= Exp(a + b × X1,156 + 2 × s)
= Exp(a + b × 1,681 + 2 × s)
= Exp(3.1970 + 0.0015 × 1,681 + 2 × 0.0780)
= Exp(5.9453)
= $381.96

Bottom border of price channel:

Exp(Y1,156)
= Exp(a + b × X1,156 – 2 × s)
= Exp(a + b × 1,681 – 2 × s)
= Exp(3.1970 + 0.0015 × 1,681 – 2 × 0.0780)
= Exp(5.6333)
= $279.58

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 75.57% per annum.
  • PIPR price at the close of July 11, 2025 was $302.29 and was lower than the bottom border of the primary price channel by $45.73 (13.14%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: September 19, 2024
End date: June 25, 2025

a = 7.1223

b = -0.0009

s = 0.0845

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0009) – 1
= -27.93%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0845) – 1
= 40.20%

September 19, 2024 calculations

Top border of price channel:

Exp(Y1,053)
= Exp(a + b × X1,053 + 2 × s)
= Exp(a + b × 1,528 + 2 × s)
= Exp(7.1223 + -0.0009 × 1,528 + 2 × 0.0845)
= Exp(5.9201)
= $372.44

Bottom border of price channel:

Exp(Y1,053)
= Exp(a + b × X1,053 – 2 × s)
= Exp(a + b × 1,528 – 2 × s)
= Exp(7.1223 + -0.0009 × 1,528 – 2 × 0.0845)
= Exp(5.5821)
= $265.64

June 25, 2025 calculations

Top border of price channel:

Exp(Y1,243)
= Exp(a + b × X1,243 + 2 × s)
= Exp(a + b × 1,807 + 2 × s)
= Exp(7.1223 + -0.0009 × 1,807 + 2 × 0.0845)
= Exp(5.6697)
= $289.95

Bottom border of price channel:

Exp(Y1,243)
= Exp(a + b × X1,243 – 2 × s)
= Exp(a + b × 1,807 – 2 × s)
= Exp(7.1223 + -0.0009 × 1,807 – 2 × 0.0845)
= Exp(5.3318)
= $206.80

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 27.93% per annum.
  • PIPR price at the close of July 11, 2025 was higher than the top border of the secondary price channel by $16.48 (5.77%). This indicates a possible reversal in the secondary trend direction.