Determie Trend

J

John Smith

im looking for a function to determine the trend of sales. i have 24 months
of sales in columns b:y. All i want to do is determine if sales are trending
up or down.TREND gave a numerical value which isn't what i wanted, maybe a
true or false is sales are trending up.
 
T

T. Valko

Maybe this:

B1:Y1 = sales figures

=LOOKUP(SLOPE(B1:Y1,COLUMN(B1:Y1)),{-1E100,0,0.000000000000001},{"Down","Neutral","Up"})
 
M

Mike Middleton

John Smith -

For sales figures in B1:Y1, try

=SLOPE(B1:Y1,COLUMN(B1:Y1))

If the slope is a positive number, then sales are trending up. Otherwise,
....

However, even though you only want a trend, I suggest that you "look at the
data" first. The TREND function and the SLOPE function fit a straight line,
so it is important to first determine that a straight-line fit is
appropriate. And, if you "look at the data" first (select the data and
insert a simple line chart), you may see a non-linear relationship or
seasonal variation.

- Mike Middleton

http://www.MikeMiddleton.com
 

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