Zebra Technologies Corporation (ZBRA)
Zebra Technologies Corporation is a leading provider of marking, tracking, and computer printing technologies, specializing in solutions that enhance operational visibility and efficiency across various industries. The company's expansive product portfolio includes thermal barcode label printers, RFID solutions, handheld and fixed readers, and card printing systems, catering predominantly to the manufacturing, supply chain, retail, healthcare, and government sectors. With a strong commitment to innovation, Zebra Technologies leverages cutting-edge technologies to drive digital transformation, making it a pivotal player in the evolving landscape of automated identification and data capture.
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 14.69% per annum.
- ZBRA price at the close of November 19, 2025 was $230.93 and was lower than the bottom border of the primary price channel by $63.72 (21.63%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 22.50% per annum.
- ZBRA price at the close of November 19, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
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 ZBRA 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: August 30, 2022
End date: March 3, 2025
a = 5.2682
b = 0.0004
s = 0.1337
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 14.69%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1337) – 1
= 70.74%
August 30, 2022 calculations
Top border of price channel:
Exp(Y445)
= Exp(a + b × X445 + 2 × s)
= Exp(a + b × 648 + 2 × s)
= Exp(5.2682 + 0.0004 × 648 + 2 × 0.1337)
= Exp(5.7789)
= $323.40
Bottom border of price channel:
Exp(Y445)
= Exp(a + b × X445 – 2 × s)
= Exp(a + b × 648 – 2 × s)
= Exp(5.2682 + 0.0004 × 648 – 2 × 0.1337)
= Exp(5.2439)
= $189.41
March 3, 2025 calculations
Top border of price channel:
Exp(Y1,072)
= Exp(a + b × X1,072 + 2 × s)
= Exp(a + b × 1,564 + 2 × s)
= Exp(5.2682 + 0.0004 × 1,564 + 2 × 0.1337)
= Exp(6.1228)
= $456.13
Bottom border of price channel:
Exp(Y1,072)
= Exp(a + b × X1,072 – 2 × s)
= Exp(a + b × 1,564 – 2 × s)
= Exp(5.2682 + 0.0004 × 1,564 – 2 × 0.1337)
= Exp(5.5878)
= $267.15
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 14.69% per annum.
- ZBRA price at the close of November 19, 2025 was $230.93 and was lower than the bottom border of the primary price channel by $63.72 (21.63%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: August 15, 2024
End date: November 19, 2025
a = 6.8894
b = -0.0007
s = 0.1259
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -22.50%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1259) – 1
= 65.48%
August 15, 2024 calculations
Top border of price channel:
Exp(Y937)
= Exp(a + b × X937 + 2 × s)
= Exp(a + b × 1,364 + 2 × s)
= Exp(6.8894 + -0.0007 × 1,364 + 2 × 0.1259)
= Exp(6.1888)
= $487.24
Bottom border of price channel:
Exp(Y937)
= Exp(a + b × X937 – 2 × s)
= Exp(a + b × 1,364 – 2 × s)
= Exp(6.8894 + -0.0007 × 1,364 – 2 × 0.1259)
= Exp(5.6851)
= $294.44
November 19, 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(6.8894 + -0.0007 × 1,825 + 2 × 0.1259)
= Exp(5.8668)
= $353.13
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.8894 + -0.0007 × 1,825 – 2 × 0.1259)
= Exp(5.3632)
= $213.40
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 22.50% per annum.
- ZBRA price at the close of November 19, 2025 was inside the secondary price channel.