Directional Movement Index - DMI
An indicator developed by J. Welles Wilder for identifying when a definable trend is present in an instrument. That is, the DMI tells whether an instrument is trending or not.
Investopedia Commentary
The scale for the DMI is from 0-100. The Average Directional Movement Index (ADX) is a moving average of the DMI.
Related Links
Directional Movement - DMI
Introduction To Technical Analysis
See also: Technical Analysis
Also spelled: DMI