Stock Price Trends

RPC Inc (RES)

RPC, Inc. (RES) is a leading provider of specialized oilfield services and equipment, catering to clients in the exploration, production, and development sectors of the oil and gas industry. Headquartered in Atlanta, Georgia, the company offers a comprehensive suite of services designed to enhance operational efficiency and drive cost-effectiveness for upstream oil and gas companies. With a commitment to safety and innovation, RPC, Inc. leverages advanced technology and skilled personnel to support its clients in navigating the complexities of energy resource development.

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 19.11% per annum.
  • RES price at the close of October 17, 2025 was $4.34 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 30.48% per annum.
  • RES price at the close of October 17, 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 RES 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 19, 2022
End date: October 17, 2025

a = 2.6113

b = -0.0006

s = 0.0863

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -19.11%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0863) – 1
= 41.21%

October 19, 2022 calculations

Top border of price channel:

Exp(Y503)
= Exp(a + b × X503 + 2 × s)
= Exp(a + b × 729 + 2 × s)
= Exp(2.6113 + -0.0006 × 729 + 2 × 0.0863)
= Exp(2.3603)
= $10.59

Bottom border of price channel:

Exp(Y503)
= Exp(a + b × X503 – 2 × s)
= Exp(a + b × 729 – 2 × s)
= Exp(2.6113 + -0.0006 × 729 – 2 × 0.0863)
= Exp(2.0152)
= $7.50

October 17, 2025 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.6113 + -0.0006 × 1,823 + 2 × 0.0863)
= Exp(1.7247)
= $5.61

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.6113 + -0.0006 × 1,823 – 2 × 0.0863)
= Exp(1.3796)
= $3.97

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 19.11% per annum.
  • RES price at the close of October 17, 2025 was $4.34 and was inside the primary price channel.

Secondary Trend

Start date: September 17, 2024
End date: October 17, 2025

a = 3.2830

b = -0.0010

s = 0.0672

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0010) – 1
= -30.48%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0672) – 1
= 30.83%

September 17, 2024 calculations

Top border of price channel:

Exp(Y982)
= Exp(a + b × X982 + 2 × s)
= Exp(a + b × 1,428 + 2 × s)
= Exp(3.2830 + -0.0010 × 1,428 + 2 × 0.0672)
= Exp(1.9951)
= $7.35

Bottom border of price channel:

Exp(Y982)
= Exp(a + b × X982 – 2 × s)
= Exp(a + b × 1,428 – 2 × s)
= Exp(3.2830 + -0.0010 × 1,428 – 2 × 0.0672)
= Exp(1.7263)
= $5.62

October 17, 2025 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(3.2830 + -0.0010 × 1,823 + 2 × 0.0672)
= Exp(1.6016)
= $4.96

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(3.2830 + -0.0010 × 1,823 – 2 × 0.0672)
= Exp(1.3329)
= $3.79

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 30.48% per annum.
  • RES price at the close of October 17, 2025 was inside the secondary price channel.