Regression statistics will typically include an R-squared value. The closer to 1 this is, the stronger the correlation between the returns of the two stocks. An R-squared figure of zero indicates ...

- Regression channel upper line: When price are around upper line of regression channel.- ADX: When the ADX indicator is trading below 20, it is an indication of consolidation or range bound movement.

A Refresher on Regression Analysis. Understanding one of the most important types of data analysis. by Amy Gallo. November 4, 2015. uptonpark/iStock/Getty Images. Leer en español Ler em português.