Watts Water Technologies Inc (WTS)
Watts Water Technologies, Inc. designs, manufactures and sells products and systems that manage and conserve the flow of fluids and energy to, through and from buildings in the commercial and residential markets of the Americas, Europe, Asia-Pacific, the Middle East and Africa. . The company is headquartered in North 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 655.27% per annum.
- WTS price at the close of June 13, 2025 was $238.84 and was lower than the bottom border of the primary price channel by $15.39 (6.06%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.52% per annum.
- WTS price at the close of June 13, 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 WTS 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: May 30, 2025
a = -4.4979
b = 0.0055
s = 0.0339
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0055) – 1
= 655.27%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0339) – 1
= 14.53%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,207)
= Exp(a + b × X1,207 + 2 × s)
= Exp(a + b × 1,753 + 2 × s)
= Exp(-4.4979 + 0.0055 × 1,753 + 2 × 0.0339)
= Exp(5.2806)
= $196.49
Bottom border of price channel:
Exp(Y1,207)
= Exp(a + b × X1,207 – 2 × s)
= Exp(a + b × 1,753 – 2 × s)
= Exp(-4.4979 + 0.0055 × 1,753 – 2 × 0.0339)
= Exp(5.1450)
= $171.56
May 30, 2025 calculations
Top border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 + 2 × s)
= Exp(a + b × 1,810 + 2 × s)
= Exp(-4.4979 + 0.0055 × 1,810 + 2 × 0.0339)
= Exp(5.5964)
= $269.44
Bottom border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 – 2 × s)
= Exp(a + b × 1,810 – 2 × s)
= Exp(-4.4979 + 0.0055 × 1,810 – 2 × 0.0339)
= Exp(5.4607)
= $235.26
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 655.27% per annum.
- WTS price at the close of June 13, 2025 was $238.84 and was lower than the bottom border of the primary price channel by $15.39 (6.06%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: May 12, 2025
End date: June 13, 2025
a = 5.3650
b = 0.0001
s = 0.0113
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 2.52%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0113) – 1
= 4.63%
May 12, 2025 calculations
Top border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 + 2 × s)
= Exp(a + b × 1,792 + 2 × s)
= Exp(5.3650 + 0.0001 × 1,792 + 2 × 0.0113)
= Exp(5.5097)
= $247.07
Bottom border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 – 2 × s)
= Exp(a + b × 1,792 – 2 × s)
= Exp(5.3650 + 0.0001 × 1,792 – 2 × 0.0113)
= Exp(5.4644)
= $236.13
June 13, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(5.3650 + 0.0001 × 1,824 + 2 × 0.0113)
= Exp(5.5119)
= $247.61
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(5.3650 + 0.0001 × 1,824 – 2 × 0.0113)
= Exp(5.4666)
= $236.65
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.52% per annum.
- WTS price at the close of June 13, 2025 was inside the secondary price channel.