So, let’s create a trend for the opening price of that stock. To add a trendline in excel, we need a chart first. Creating the Chart to Add Trendline in Excel So, let’s see how we can add trendlines for its charts. Here, a certain stock’s price of 10 days is given. Otherwise, they have to bear the risk of losing money. Investors must try to identify the trend of a stock price movement before investing in that stock.

Perhaps, trends are most useful in determining the movement of stock prices. Trendlines can be used on multiple occasions but let me show you one of the most common uses of trendlines in excel. Where Can You Use Trendlines?īefore going on to add multiple trendlines in excel, you need to know where to use trendlines. So, let’s get started on the process of adding multiple trendlines in excel. You can add multiple trendlines in excel after reading this article. In excel, there are options for multiple trendlines. Trendlines are lines created by excel that show the trend or the direction of the trend. Trends are a general way of things without changing patterns not so much. In this case, identifying trends is necessary. Those of us who work with data in excel, have to look for patterns and give suggestions to stakeholders. In data analysis, trend is a very important aspect.

Trend lines in excel 2016