Slope and Linear Regression

get_slope(quotes, lookback_periods)


name type notes
quotes Iterable[Quote] Iterable of the Quote class or its sub-class.
See here for usage with pandas.DataFrame
lookback_periods int Number of periods (N) for the linear regression. Must be greater than 0.

Historical quotes requirements

You must have at least N periods of quotes to cover the warmup periods.

quotes is an Iterable[Quote] collection of historical price quotes. It should have a consistent frequency (day, hour, minute, etc). See the Guide for more information.



👉 Repaint warning: the line will be continuously repainted since it is based on the last quote and lookback period.


name type notes
date datetime Date
slope float, Optional Slope m of the best-fit line of Close price
intercept float, Optional Y-Intercept b of the best-fit line
stdev float, Optional Standard Deviation of Close price over N lookback periods
r_squared float, Optional R-Squared (R²), aka Coefficient of Determination
line Decimal, Optional Best-fit line y over the last ‘N’ periods (i.e. y=mx+b using last period values)


See Utilities and Helpers for more information.


from stock_indicators import indicators

# This method is NOT a part of the library.
quotes = get_historical_quotes("SPY")

# calculate 20-period Slope
results = indicators.get_slope(quotes, 20)

About Slope and Linear Regression

Slope of the best fit line is determined by an ordinary least-squares simple linear regression on Close price. It can be used to help identify trend strength and direction. Standard Deviation, R², and a best-fit Line (for last lookback segment) are also output. See also Standard Deviation Channels for an alternative depiction. [Discuss] 💬