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If the trend can be assumed to be linear, trend analysis can be undertaken within a formal regression analysis, as described in Trend estimation. If the trends have other shapes than linear, trend testing can be done by non-parametric methods, e.g. Mann-Kendall test, which is a version of Kendall rank correlation coefficient.
In 1948, Robert D. Edwards and John Magee published Technical Analysis of Stock Trends which is widely considered to be one of the seminal works of the discipline. It is exclusively concerned with trend analysis and chart patterns and remains in use to the present.
This form of simple trend extrapolation helps to direct attention towards the forces, which can change the projected pattern. A more elaborated curve that uses times series analysis can often reveal surprising historical and current data patterns. The qualitative trend analysis is one of the most demanding and creative methods in Futures Studies.
On August 6, 2008, Google launched a free service called Insights for Search. Insights for Search is an extension of Google Trends and although the tool is meant for marketers, it can be utilized by any user. The tool allows for the tracking of various words and phrases that are typed into Google's search-box.
Trendalyzer is an information visualization software program for animation of statistics that was initially developed by Hans Rosling's Gapminder Foundation in Sweden. In March 2007 it was acquired by Google Inc. [ 1 ] The current [ when? ] beta version is a Flash application that is preloaded with statistical and historical data about the ...
Trend surface analysis is a mathematical technique used in environmental sciences (archeology, geology, soil science, etc.). Trend surface analysis (also called trend surface mapping) is a method based on low-order polynomials of spatial coordinates for estimating a regular grid of points from scattered observations.
Trend lines are typically used with price charts, however they can also be used with a range of technical analysis charts such as MACD and RSI. Trend lines can be used to identify positive and negative trending charts, whereby a positive trending chart forms an upsloping line when the support and the resistance pivots points are aligned, and a ...
The futures wheel is a method for graphical visualisation of direct and indirect future consequences of a particular change or development. It was invented by Jerome C. Glenn in 1971, when he was a student at the Antioch Graduate School of Education (now Antioch University New England).