Sitime Corporation (SITM)
SiTime Corporation offers silicon timing systems in Taiwan, Hong Kong, the United States, and internationally.
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 82.95% per annum.
- SITM price at the close of April 28, 2025 was $148.60 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1,015.45% per annum.
- SITM 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 SITM 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: December 6, 2024
End date: April 24, 2025
a = 13.7148
b = -0.0048
s = 0.0973
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0048) – 1
= -82.95%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0973) – 1
= 47.59%
December 6, 2024 calculations
Top border of price channel:
Exp(Y1,160)
= Exp(a + b × X1,160 + 2 × s)
= Exp(a + b × 1,682 + 2 × s)
= Exp(13.7148 + -0.0048 × 1,682 + 2 × 0.0973)
= Exp(5.7580)
= $316.73
Bottom border of price channel:
Exp(Y1,160)
= Exp(a + b × X1,160 – 2 × s)
= Exp(a + b × 1,682 – 2 × s)
= Exp(13.7148 + -0.0048 × 1,682 – 2 × 0.0973)
= Exp(5.3688)
= $214.60
April 24, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,821 + 2 × s)
= Exp(13.7148 + -0.0048 × 1,821 + 2 × 0.0973)
= Exp(5.0844)
= $161.49
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,821 – 2 × s)
= Exp(13.7148 + -0.0048 × 1,821 – 2 × 0.0973)
= Exp(4.6952)
= $109.42
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 82.95% per annum.
- SITM price at the close of April 28, 2025 was $148.60 and was inside the primary price channel.
Secondary Trend
Start date: April 3, 2025
End date: April 28, 2025
a = -7.0801
b = 0.0066
s = 0.0648
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0066) – 1
= 1,015.45%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0648) – 1
= 29.56%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 + 2 × s)
= Exp(a + b × 1,800 + 2 × s)
= Exp(-7.0801 + 0.0066 × 1,800 + 2 × 0.0648)
= Exp(4.9434)
= $140.25
Bottom border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 – 2 × s)
= Exp(a + b × 1,800 – 2 × s)
= Exp(-7.0801 + 0.0066 × 1,800 – 2 × 0.0648)
= Exp(4.6844)
= $108.25
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(-7.0801 + 0.0066 × 1,825 + 2 × 0.0648)
= Exp(5.1086)
= $165.44
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-7.0801 + 0.0066 × 1,825 – 2 × 0.0648)
= Exp(4.8496)
= $127.69
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1,015.45% per annum.
- SITM price at the close of April 28, 2025 was inside the secondary price channel.