Stock Price Trends

Regency Centers Corporation (REG)

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida and is one of the largest operators of shopping centers with grocery stores as anchor tenants.

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 0.15% per annum.
  • REG price at the close of September 12, 2025 was $71.34 and was higher than the top border of the primary price channel by $7.70 (12.10%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 11.42% per annum.
  • REG price at the close of September 12, 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 REG 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: April 21, 2021
End date: July 11, 2024

a = 4.0408

b = 0.0000

s = 0.0598

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= -0.15%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0598) – 1
= 27.05%

April 21, 2021 calculations

Top border of price channel:

Exp(Y151)
= Exp(a + b × X151 + 2 × s)
= Exp(a + b × 219 + 2 × s)
= Exp(4.0408 + 0.0000 × 219 + 2 × 0.0598)
= Exp(4.1597)
= $64.05

Bottom border of price channel:

Exp(Y151)
= Exp(a + b × X151 – 2 × s)
= Exp(a + b × 219 – 2 × s)
= Exp(4.0408 + 0.0000 × 219 – 2 × 0.0598)
= Exp(3.9203)
= $50.41

July 11, 2024 calculations

Top border of price channel:

Exp(Y961)
= Exp(a + b × X961 + 2 × s)
= Exp(a + b × 1,396 + 2 × s)
= Exp(4.0408 + 0.0000 × 1,396 + 2 × 0.0598)
= Exp(4.1550)
= $63.75

Bottom border of price channel:

Exp(Y961)
= Exp(a + b × X961 – 2 × s)
= Exp(a + b × 1,396 – 2 × s)
= Exp(4.0408 + 0.0000 × 1,396 – 2 × 0.0598)
= Exp(3.9156)
= $50.18

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 0.15% per annum.
  • REG price at the close of September 12, 2025 was $71.34 and was higher than the top border of the primary price channel by $7.70 (12.10%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: June 9, 2022
End date: September 12, 2025

a = 3.7394

b = 0.0003

s = 0.0588

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 11.42%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0588) – 1
= 26.54%

June 9, 2022 calculations

Top border of price channel:

Exp(Y438)
= Exp(a + b × X438 + 2 × s)
= Exp(a + b × 633 + 2 × s)
= Exp(3.7394 + 0.0003 × 633 + 2 × 0.0588)
= Exp(4.0446)
= $57.09

Bottom border of price channel:

Exp(Y438)
= Exp(a + b × X438 – 2 × s)
= Exp(a + b × 633 – 2 × s)
= Exp(3.7394 + 0.0003 × 633 – 2 × 0.0588)
= Exp(3.8092)
= $45.11

September 12, 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(3.7394 + 0.0003 × 1,824 + 2 × 0.0588)
= Exp(4.3973)
= $81.23

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(3.7394 + 0.0003 × 1,824 – 2 × 0.0588)
= Exp(4.1619)
= $64.19

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 11.42% per annum.
  • REG price at the close of September 12, 2025 was inside the secondary price channel.