How to Perform Trend Analysis in Excel: 15 Steps (with Pictures)

Table of contents:

How to Perform Trend Analysis in Excel: 15 Steps (with Pictures)
How to Perform Trend Analysis in Excel: 15 Steps (with Pictures)

Video: How to Perform Trend Analysis in Excel: 15 Steps (with Pictures)

Video: How to Perform Trend Analysis in Excel: 15 Steps (with Pictures)
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This wikiHow teaches you how to create a data projection graph in Microsoft Excel. You can do this on both Windows and Mac computers.

Step

Method 1 of 2: Trend Analysis Using Windows

Do Trend Analysis in Excel Step 1
Do Trend Analysis in Excel Step 1

Step 1. Open an Excel workbook

Double-click the Excel workbook that contains your data.

If you don't have data you want to analyze in a spreadsheet, you need to open Excel and click Blank workbook (blank workbook) to open a new workbook. You can then enter data and create graphs.

Do Trend Analysis in Excel Step 2
Do Trend Analysis in Excel Step 2

Step 2. Select your chart

Click the chart type you want to set as a trendline.

If you haven't graphed your data yet, create one before continuing

Do Trend Analysis in Excel Step 3
Do Trend Analysis in Excel Step 3

Step 3. Click

It's the green button in the top right corner of the graph. A drop down menu will appear.

Do Trend Analysis in Excel Step 4
Do Trend Analysis in Excel Step 4

Step 4. Click the arrow to the right of the "Trendline" box

You may need to hover your mouse over the far right side of the " Trendline " box to bring up this arrow. Click to open a second menu.

Do Trend Analysis in Excel Step 5
Do Trend Analysis in Excel Step 5

Step 5. Select the trendline option

Depending on your preference, click one of the following options

  • linear
  • Exponential
  • Linear Forecast
  • Two Period Moving Average
  • You can also click More Options… to bring up the advanced options panel after selecting the data you want to analyze.
Do Trend Analysis in Excel Step 6
Do Trend Analysis in Excel Step 6

Step 6. Select data to analyze

Click the name series data (for example Series 1) in the pop-up window. If you have already named the data, click the name of the corresponding data.

Do Trend Analysis in Excel Step 7
Do Trend Analysis in Excel Step 7

Step 7. Click OK

It's at the bottom of the pop-up window. This step adds a trend line to the chart.

If you click More Options… Previously, you would have the option of naming the trendline or changing the trendline persuasion on the right side of the window.

Do Trend Analysis in Excel Step 8
Do Trend Analysis in Excel Step 8

Step 8. Save your work

Press Ctrl+S to save changes. If you have never saved this document before, you will be asked to select a location and file name.

Method 2 of 2: Trend Analysis Using Mac

Do Trend Analysis in Excel Step 9
Do Trend Analysis in Excel Step 9

Step 1. Open an Excel workbook

Double-click the workbook document where the data is stored.

If you don't have data that you want to analyze in a spreadsheet, you'll be prompted to open Excel to create a new workbook. You can enter data and create graphs from it

Do Trend Analysis in Excel Step 10
Do Trend Analysis in Excel Step 10

Step 2. Select the data in the graph

Click the data set you want to analyze to select it.

If you've never graphed data before, create one before continuing

Do Trend Analysis in Excel Step 11
Do Trend Analysis in Excel Step 11

Step 3. Click the Chart Design label

It's at the top of the Excel window.

Do Trend Analysis in Excel Step 12
Do Trend Analysis in Excel Step 12

Step 4. Click Add Chart Element

This option is at the far left of the toolbar Chart Design. Click to open the drop down menu.

Do Trend Analysis in Excel Step 13
Do Trend Analysis in Excel Step 13

Step 5. Select Trendline

It's located at the bottom of the drop-down menu. A pop-out menu will appear.

Do Trend Analysis in Excel Step 14
Do Trend Analysis in Excel Step 14

Step 6. Select the trendline option

Depending on your preference, click one of the following options in the pop-out menu:

  • linear
  • Exponential
  • Linear Forecast
  • Moving Average
  • You can also click More Trendline Options to open a window with advanced options. (e.g. trendline name).
Do Trend Analysis in Excel Step 15
Do Trend Analysis in Excel Step 15

Step 7. Save changes

Press Command+Save, or click File (file), then click Save (save). If you have never saved this document before, you will be asked to choose a save location and a file name.

Tips

Depending on the chart data, you can add trendline options (e.g. Polynomial).

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