Stock Price Trends
Stock price trends estimated using linear regression.
Summary
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 72.90% per annum.
- DASH price at the close of August 7, 2026 was $216.26 and was lower than the bottom border of the primary price channel by $115.21 (34.76%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.30% per annum.
- DASH price at the close of August 7, 2026 was higher than the top border of the secondary price channel by $43.41 (25.12%). This indicates a possible reversal in the secondary trend direction.
- 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 DASH 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 18, 2022
End date: November 5, 2025
a = 3.2733
b = 0.0015
s = 0.1030
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 72.90%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1030) – 1
= 50.99%
August 18, 2022 calculations
Top border of price channel:
Exp(Y259)
= Exp(a + b × X259 + 2 × s)
= Exp(a + b × 374 + 2 × s)
= Exp(3.2733 + 0.0015 × 374 + 2 × 0.1030)
= Exp(4.0404)
= $56.85
Bottom border of price channel:
Exp(Y259)
= Exp(a + b × X259 – 2 × s)
= Exp(a + b × 374 – 2 × s)
= Exp(3.2733 + 0.0015 × 374 – 2 × 0.1030)
= Exp(3.6283)
= $37.65
November 5, 2025 calculations
Top border of price channel:
Exp(Y1,066)
= Exp(a + b × X1,066 + 2 × s)
= Exp(a + b × 1,549 + 2 × s)
= Exp(3.2733 + 0.0015 × 1,549 + 2 × 0.1030)
= Exp(5.8031)
= $331.31
Bottom border of price channel:
Exp(Y1,066)
= Exp(a + b × X1,066 – 2 × s)
= Exp(a + b × 1,549 – 2 × s)
= Exp(3.2733 + 0.0015 × 1,549 – 2 × 0.1030)
= Exp(5.3910)
= $219.42
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 72.90% per annum.
- DASH price at the close of August 7, 2026 was $216.26 and was lower than the bottom border of the primary price channel by $115.21 (34.76%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: June 23, 2025
End date: June 25, 2026
a = 7.8906
b = -0.0016
s = 0.0933
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -44.30%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0933) – 1
= 45.22%
June 23, 2025 calculations
Top border of price channel:
Exp(Y971)
= Exp(a + b × X971 + 2 × s)
= Exp(a + b × 1,414 + 2 × s)
= Exp(7.8906 + -0.0016 × 1,414 + 2 × 0.0933)
= Exp(5.8098)
= $333.56
Bottom border of price channel:
Exp(Y971)
= Exp(a + b × X971 – 2 × s)
= Exp(a + b × 1,414 – 2 × s)
= Exp(7.8906 + -0.0016 × 1,414 – 2 × 0.0933)
= Exp(5.4367)
= $229.69
June 25, 2026 calculations
Top border of price channel:
Exp(Y1,224)
= Exp(a + b × X1,224 + 2 × s)
= Exp(a + b × 1,781 + 2 × s)
= Exp(7.8906 + -0.0016 × 1,781 + 2 × 0.0933)
= Exp(5.2214)
= $185.19
Bottom border of price channel:
Exp(Y1,224)
= Exp(a + b × X1,224 – 2 × s)
= Exp(a + b × 1,781 – 2 × s)
= Exp(7.8906 + -0.0016 × 1,781 – 2 × 0.0933)
= Exp(4.8483)
= $127.52
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.30% per annum.
- DASH price at the close of August 7, 2026 was higher than the top border of the secondary price channel by $43.41 (25.12%). This indicates a possible reversal in the secondary trend direction.