Stock Price Trends

Sensient Technologies Corporation (SXT)

Sensient Technologies Corporation develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia Pacific, and internationally. The company is headquartered in Milwaukee, Wisconsin.

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 32.81% per annum.
  • SXT price at the close of July 9, 2025 was $108.75 and was higher than the top border of the primary price channel by $3.82 (3.64%).
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 239.43% per annum.
  • SXT price at the close of July 9, 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 SXT 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 31, 2023
End date: December 16, 2024

a = 3.1374

b = 0.0008

s = 0.0486

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.81%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0486) – 1
= 21.47%

July 31, 2023 calculations

Top border of price channel:

Exp(Y768)
= Exp(a + b × X768 + 2 × s)
= Exp(a + b × 1,116 + 2 × s)
= Exp(3.1374 + 0.0008 × 1,116 + 2 × 0.0486)
= Exp(4.1022)
= $60.47

Bottom border of price channel:

Exp(Y768)
= Exp(a + b × X768 – 2 × s)
= Exp(a + b × 1,116 – 2 × s)
= Exp(3.1374 + 0.0008 × 1,116 – 2 × 0.0486)
= Exp(3.9077)
= $49.78

December 16, 2024 calculations

Top border of price channel:

Exp(Y1,116)
= Exp(a + b × X1,116 + 2 × s)
= Exp(a + b × 1,620 + 2 × s)
= Exp(3.1374 + 0.0008 × 1,620 + 2 × 0.0486)
= Exp(4.4939)
= $89.47

Bottom border of price channel:

Exp(Y1,116)
= Exp(a + b × X1,116 – 2 × s)
= Exp(a + b × 1,620 – 2 × s)
= Exp(3.1374 + 0.0008 × 1,620 – 2 × 0.0486)
= Exp(4.2995)
= $73.66

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 32.81% per annum.
  • SXT price at the close of July 9, 2025 was $108.75 and was higher than the top border of the primary price channel by $3.82 (3.64%).

Secondary Trend

Start date: February 18, 2025
End date: July 9, 2025

a = -1.4383

b = 0.0033

s = 0.0502

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0033) – 1
= 239.43%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0502) – 1
= 22.22%

February 18, 2025 calculations

Top border of price channel:

Exp(Y1,157)
= Exp(a + b × X1,157 + 2 × s)
= Exp(a + b × 1,684 + 2 × s)
= Exp(-1.4383 + 0.0033 × 1,684 + 2 × 0.0502)
= Exp(4.3005)
= $73.73

Bottom border of price channel:

Exp(Y1,157)
= Exp(a + b × X1,157 – 2 × s)
= Exp(a + b × 1,684 – 2 × s)
= Exp(-1.4383 + 0.0033 × 1,684 – 2 × 0.0502)
= Exp(4.0998)
= $60.33

July 9, 2025 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(-1.4383 + 0.0033 × 1,825 + 2 × 0.0502)
= Exp(4.7726)
= $118.22

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-1.4383 + 0.0033 × 1,825 – 2 × 0.0502)
= Exp(4.5719)
= $96.73

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 239.43% per annum.
  • SXT price at the close of July 9, 2025 was inside the secondary price channel.