Stock Price Trends

Skyworks Solutions Inc (SWKS)

Skyworks Solutions, Inc. is an American semiconductor company headquartered in Irvine, California, United States. Skyworks manufactures semiconductors for use in Radio Frequency (RF) and mobile communications systems.

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 54.14% per annum.
  • SWKS price at the close of April 29, 2025 was $61.60 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 76.75% per annum.
  • SWKS price at the close of April 29, 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 SWKS 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: July 10, 2024
End date: April 29, 2025

a = 8.0213

b = -0.0021

s = 0.0815

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0021) – 1
= -54.14%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0815) – 1
= 38.57%

July 10, 2024 calculations

Top border of price channel:

Exp(Y1,054)
= Exp(a + b × X1,054 + 2 × s)
= Exp(a + b × 1,532 + 2 × s)
= Exp(8.0213 + -0.0021 × 1,532 + 2 × 0.0815)
= Exp(4.9121)
= $135.93

Bottom border of price channel:

Exp(Y1,054)
= Exp(a + b × X1,054 – 2 × s)
= Exp(a + b × 1,532 – 2 × s)
= Exp(8.0213 + -0.0021 × 1,532 – 2 × 0.0815)
= Exp(4.5859)
= $98.09

April 29, 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(8.0213 + -0.0021 × 1,825 + 2 × 0.0815)
= Exp(4.2863)
= $72.70

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(8.0213 + -0.0021 × 1,825 – 2 × 0.0815)
= Exp(3.9601)
= $52.46

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 54.14% per annum.
  • SWKS price at the close of April 29, 2025 was $61.60 and was inside the primary price channel.

Secondary Trend

Start date: December 13, 2024
End date: April 29, 2025

a = 11.3078

b = -0.0040

s = 0.0838

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0040) – 1
= -76.75%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0838) – 1
= 39.83%

December 13, 2024 calculations

Top border of price channel:

Exp(Y1,164)
= Exp(a + b × X1,164 + 2 × s)
= Exp(a + b × 1,688 + 2 × s)
= Exp(11.3078 + -0.0040 × 1,688 + 2 × 0.0838)
= Exp(4.7293)
= $113.22

Bottom border of price channel:

Exp(Y1,164)
= Exp(a + b × X1,164 – 2 × s)
= Exp(a + b × 1,688 – 2 × s)
= Exp(11.3078 + -0.0040 × 1,688 – 2 × 0.0838)
= Exp(4.3941)
= $80.97

April 29, 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(11.3078 + -0.0040 × 1,825 + 2 × 0.0838)
= Exp(4.1818)
= $65.48

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(11.3078 + -0.0040 × 1,825 – 2 × 0.0838)
= Exp(3.8466)
= $46.83

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 76.75% per annum.
  • SWKS price at the close of April 29, 2025 was inside the secondary price channel.