Shutterstock (SSTK)
Shutterstock, Inc. (SSTK) is a leading technology firm specializing in creative content solutions, providing a comprehensive suite of tools and services for businesses and individuals globally. Headquartered in New York, the company connects a vast community of creators and consumers through its extensive library of high-quality images, videos, and music tracks. With a focus on innovation and customer-centric technology, Shutterstock empowers brands to enhance their storytelling and marketing efforts across various platforms while capitalizing on trends in the digital content landscape.
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 112.53% per annum.
- SSTK price at the close of November 28, 2025 was $20.82 and was lower than the bottom border of the primary price channel by $2.15 (9.36%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 92.94% per annum.
- SSTK price at the close of November 28, 2025 was higher than the top border of the secondary price channel by $0.33 (1.63%). 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 SSTK 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 3, 2025
End date: November 3, 2025
a = -0.5336
b = 0.0021
s = 0.0488
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0021) – 1
= 112.53%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0488) – 1
= 21.54%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,089)
= Exp(a + b × X1,089 + 2 × s)
= Exp(a + b × 1,584 + 2 × s)
= Exp(-0.5336 + 0.0021 × 1,584 + 2 × 0.0488)
= Exp(2.8356)
= $17.04
Bottom border of price channel:
Exp(Y1,089)
= Exp(a + b × X1,089 – 2 × s)
= Exp(a + b × 1,584 – 2 × s)
= Exp(-0.5336 + 0.0021 × 1,584 – 2 × 0.0488)
= Exp(2.6405)
= $14.02
November 3, 2025 calculations
Top border of price channel:
Exp(Y1,236)
= Exp(a + b × X1,236 + 2 × s)
= Exp(a + b × 1,798 + 2 × s)
= Exp(-0.5336 + 0.0021 × 1,798 + 2 × 0.0488)
= Exp(3.2776)
= $26.51
Bottom border of price channel:
Exp(Y1,236)
= Exp(a + b × X1,236 – 2 × s)
= Exp(a + b × 1,798 – 2 × s)
= Exp(-0.5336 + 0.0021 × 1,798 – 2 × 0.0488)
= Exp(3.0825)
= $21.81
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 112.53% per annum.
- SSTK price at the close of November 28, 2025 was $20.82 and was lower than the bottom border of the primary price channel by $2.15 (9.36%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: October 15, 2025
End date: November 24, 2025
a = 16.1985
b = -0.0073
s = 0.0317
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0073) – 1
= -92.94%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0317) – 1
= 13.51%
October 15, 2025 calculations
Top border of price channel:
Exp(Y1,223)
= Exp(a + b × X1,223 + 2 × s)
= Exp(a + b × 1,779 + 2 × s)
= Exp(16.1985 + -0.0073 × 1,779 + 2 × 0.0317)
= Exp(3.3393)
= $28.20
Bottom border of price channel:
Exp(Y1,223)
= Exp(a + b × X1,223 – 2 × s)
= Exp(a + b × 1,779 – 2 × s)
= Exp(16.1985 + -0.0073 × 1,779 – 2 × 0.0317)
= Exp(3.2126)
= $24.84
November 24, 2025 calculations
Top border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 + 2 × s)
= Exp(a + b × 1,819 + 2 × s)
= Exp(16.1985 + -0.0073 × 1,819 + 2 × 0.0317)
= Exp(3.0488)
= $21.09
Bottom border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 – 2 × s)
= Exp(a + b × 1,819 – 2 × s)
= Exp(16.1985 + -0.0073 × 1,819 – 2 × 0.0317)
= Exp(2.9220)
= $18.58
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 92.94% per annum.
- SSTK price at the close of November 28, 2025 was higher than the top border of the secondary price channel by $0.33 (1.63%). This indicates a possible reversal in the secondary trend direction.