Directional Movement Index

(redirected from DMI)
Also found in: Dictionary, Thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia.

Directional Movement Index

A moving average indicating whether and how strongly a security's price is changing. The DMI is based on the assumption that if a price is trending in one direction or the other, the highest (or lowest) price on a given trading day is always higher (or lower) than the highest (or lowest) price on the previous trading day. For example, if the intraday high for security X is $10 on Monday and $12 on Tuesday, the DMI reckons that security X is trending upward. It is calculated on a scale of 0 to 100, depending on the strength of the trend, and may be positive (indicating upward movement in price) or negative (indicating downward movement). It helps analysts determine whether to buy or sell securities.
References in periodicals archive ?
Six decades after Dzyaloshinskii and Moriya discovered this interaction, our new process to control it spatially, independently from other magnetic properties, will allow new scientific studies of the DMI and enable fabrication of new nanomagnetic devices, Balk said.
Danny said that by 2014 DMI targeted to have 2400 hotel rooms through construction of 20 new hotels.
Apart from providing comprehensive media coverage of the Summit through its various channels, DMI will also support the local and international media with information on the Summit.
Abdullatif Al Gergawi, general manager of Dubai TV, shared his experience at DMI and the secrets behind his success in mass communications during the second lecture, which ran for half an hour.
We are very pleased that DMI has chosen to invest in Fort Erie and is already considering expanding its workforce.
DMI operates exactly as any other insurance carrier would, providing coverage and services to its policyholders.
DMI provides design, engineering, machine shop, formulating, filling and assembling, packaging, a quality assurance program, and a turnkey single source program.
Superior's Allan Dixon has been prompted to sell up by ill health, but his knowledge and expertise will continue to be available to DMI, while a handful of other staff will transfer to DMI's North Shields site during September.
DMI Furniture is a publicly held company with three divisions, including Wynwood, which specializes primarily in residential case-goods products.
DMI works in concert with producer-funded state and regional dairy promotion groups across the country through a unified marketing plan that these groups help develop and implement.
Home office furniture, which it had been making since the early 1980s, was separated from the parent company under the name of DMI Desk, and Wynwood was created to produce higher-end collections of wood furniture, including dining room and bedroom furniture, entertainment centers and occasional tables.