TransMedics Group Inc (TMDX)
TransMedics Group, Inc., a commercial-stage medical technology company, is dedicated to transforming organ transplant therapy for patients with end-stage organ failure in the United States and internationally. The company is headquartered in Andover, Massachusetts.
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 24.80% per annum.
- TMDX price at the close of March 20, 2026 was $113.90 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 89.38% per annum.
- TMDX price at the close of March 20, 2026 was lower than the bottom border of the secondary price channel by $1.82 (1.57%). This indicates a possible reversal in the secondary trend direction.
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 TMDX 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 4, 2022
End date: March 20, 2026
a = 3.7805
b = 0.0006
s = 0.2667
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 24.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.2667) – 1
= 190.57%
November 4, 2022 calculations
Top border of price channel:
Exp(Y411)
= Exp(a + b × X411 + 2 × s)
= Exp(a + b × 592 + 2 × s)
= Exp(3.7805 + 0.0006 × 592 + 2 × 0.2667)
= Exp(4.6731)
= $107.03
Bottom border of price channel:
Exp(Y411)
= Exp(a + b × X411 – 2 × s)
= Exp(a + b × 592 – 2 × s)
= Exp(3.7805 + 0.0006 × 592 – 2 × 0.2667)
= Exp(3.6064)
= $36.83
March 20, 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(3.7805 + 0.0006 × 1,824 + 2 × 0.2667)
= Exp(5.4208)
= $226.06
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(3.7805 + 0.0006 × 1,824 – 2 × 0.2667)
= Exp(4.3541)
= $77.80
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 24.80% per annum.
- TMDX price at the close of March 20, 2026 was $113.90 and was inside the primary price channel.
Secondary Trend
Start date: December 3, 2024
End date: March 20, 2026
a = 1.8647
b = 0.0017
s = 0.1523
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 89.38%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1523) – 1
= 83.89%
December 3, 2024 calculations
Top border of price channel:
Exp(Y932)
= Exp(a + b × X932 + 2 × s)
= Exp(a + b × 1,352 + 2 × s)
= Exp(1.8647 + 0.0017 × 1,352 + 2 × 0.1523)
= Exp(4.5346)
= $93.18
Bottom border of price channel:
Exp(Y932)
= Exp(a + b × X932 – 2 × s)
= Exp(a + b × 1,352 – 2 × s)
= Exp(1.8647 + 0.0017 × 1,352 – 2 × 0.1523)
= Exp(3.9254)
= $50.67
March 20, 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(1.8647 + 0.0017 × 1,824 + 2 × 0.1523)
= Exp(5.3603)
= $212.80
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(1.8647 + 0.0017 × 1,824 – 2 × 0.1523)
= Exp(4.7512)
= $115.72
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 89.38% per annum.
- TMDX price at the close of March 20, 2026 was lower than the bottom border of the secondary price channel by $1.82 (1.57%). This indicates a possible reversal in the secondary trend direction.