Stock Price Trends

Telephone and Data Systems Inc (TDS)

Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications company headquartered in Chicago, Illinois, specializing in a range of communication services including wireless, broadband, and telecommunication solutions across the United States. With a strong commitment to technology and customer service, TDS operates through its subsidiaries, enhancing connectivity for both residential and enterprise customers. The company's strategic focus on innovation and expansion positions it as a key player in the evolving telecommunications 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 74.68% per annum.
  • TDS price at the close of January 9, 2026 was $41.58 and was inside the primary price channel.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 15.37% per annum.
  • TDS price at the close of January 9, 2026 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 TDS 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: November 8, 2022
End date: January 9, 2026

a = 1.1067

b = 0.0015

s = 0.2008

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 74.68%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.2008) – 1
= 123.31%

November 8, 2022 calculations

Top border of price channel:

Exp(Y461)
= Exp(a + b × X461 + 2 × s)
= Exp(a + b × 666 + 2 × s)
= Exp(1.1067 + 0.0015 × 666 + 2 × 0.2008)
= Exp(2.5262)
= $12.51

Bottom border of price channel:

Exp(Y461)
= Exp(a + b × X461 – 2 × s)
= Exp(a + b × 666 – 2 × s)
= Exp(1.1067 + 0.0015 × 666 – 2 × 0.2008)
= Exp(1.7228)
= $5.60

January 9, 2026 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(1.1067 + 0.0015 × 1,824 + 2 × 0.2008)
= Exp(4.2959)
= $73.40

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(1.1067 + 0.0015 × 1,824 – 2 × 0.2008)
= Exp(3.4925)
= $32.87

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 74.68% per annum.
  • TDS price at the close of January 9, 2026 was $41.58 and was inside the primary price channel.

Secondary Trend

Start date: November 21, 2024
End date: January 9, 2026

a = 2.9711

b = 0.0004

s = 0.0429

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 15.37%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0429) – 1
= 18.72%

November 21, 2024 calculations

Top border of price channel:

Exp(Y973)
= Exp(a + b × X973 + 2 × s)
= Exp(a + b × 1,410 + 2 × s)
= Exp(2.9711 + 0.0004 × 1,410 + 2 × 0.0429)
= Exp(3.6091)
= $36.93

Bottom border of price channel:

Exp(Y973)
= Exp(a + b × X973 – 2 × s)
= Exp(a + b × 1,410 – 2 × s)
= Exp(2.9711 + 0.0004 × 1,410 – 2 × 0.0429)
= Exp(3.4376)
= $31.11

January 9, 2026 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(2.9711 + 0.0004 × 1,824 + 2 × 0.0429)
= Exp(3.7713)
= $43.44

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(2.9711 + 0.0004 × 1,824 – 2 × 0.0429)
= Exp(3.5997)
= $36.59

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 15.37% per annum.
  • TDS price at the close of January 9, 2026 was inside the secondary price channel.