Dynamic Momentum Index

Also found in: Medical, Acronyms, Encyclopedia, Wikipedia

0.01 sec.

A technical measure indicating whether a security is overbought or oversold. It is calculated thusly:

DMI = 100 - (100 / (1 + RS)) where RS is the average measure of the security's price on days it closes up divided by the average price on days it closes down.

A DMI over 70 means that a security is overbought while a measure under 30 means that the security is oversold. The measure is similar to a relative strength index, with the main difference being the length of time accounted in the RS measure. The DMI uses shorter time periods when volatility is high and longer periods when it is low.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
No references found			DuPont System of Financial Control Durable Goods durable lease Durable Merchandise durable power of attorney Duration Duration drift Duration Matching Strategy duress Dutch auction Dutch Auction Preferred Stock Dutch Disease Dutch East India Trading Company Duty duty to disclose DVP Dwarf Dwarfs dwelling dwelling defense Dwelling Loan DWV Dynamic Dynamic Asset Allocation Dynamic Hedging Dynamic Momentum Index Dynamic Risk Dynamical Noise Dynamical Systems DZ DZD E E&OE E-Commerce E-Filing E-Government Act E-Lancer E-mini E-Trade E. George Schaefer E.A.O.N. E/EV E/P Ratio Each Way EAFE Index Eager Beaver Earliest Finish Time Earliest Start Time Early Amortization Early Bargain Early Distribution			Dynamic Mesh Network Dynamic message sign dynamic metamorphism dynamic meteorology dynamic meter dynamic method invocation Dynamic Metric Selection Routing Dynamic Metric Selection Routing based on Busy Rate Dynamic Micro Multileaf Collimator Dynamic Microphone Dynamic Microphone Dynamic microphones Dynamic microphones Dynamic microphones Dynamic Microscopic Image Processing Scanner Dynamic Missile Simulator Dynamic Mixing Model Dynamic Mobile Data Dynamic Mobile IP Dynamic model Dynamic model Dynamic Model Driven Architecture Dynamic Model for Stormwater Treatment Areas dynamic model of destination management Dynamic Model of Situated Cognition Dynamic Module Dynamic Modulus of Elasticity Dynamic Modulus of Elasticity Dynamic Moisture Sorption Gravimetry Dynamic Momentum Index Dynamic Monarchianism Dynamic Monarchianism Dynamic Monitoring System Dynamic Motion Control Dynamic Motion Dance Academy Dynamic Movement Orthosis dynamic MRI Dynamic Multi Hybrid Dynamic Multi-Leaf Collimator Dynamic Multi-Pathing Dynamic Multilevel Modeling Dynamic Multiple Fault Diagnosis Dynamic Multiple Parity Dynamic Multipoint Virtual Private Network Dynamic Multiuser Information Fusion Dynamic Mutual Funds Ltd. Dynamic Name Lookup Cache Dynamic name resolution Dynamic Name Server Dynamic Nano-Platforms Dynamic Narrow-Band Interference Dynamic National Tennis Rating Program Dynamic Near Shortest Path Dynamic Network Access Control Dynamic Network Address Translation

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.