The Placement property is used to change the position of the label. The full path for this property is Area.Axis.Labels.Placement. This property has three values. "1 row", "2 rows", "none".
One row. In this case, the labels are placed in a row horizontally and vertically, respectively, depending on the X and Y axes. The figure below is an example of a chart with the X-axis and Y-axis Placement properties set to "1 column".
By default, the Placement property is a single line set to: