Minus Directional Indicator
LiveThe minus directional indicator is used along with Positive Directional Indicator used to determine downtrend
How calculated | Smoothed Negative directional movement/Average True Range |
Example usage | =MinusDirectionalIndicator("MSFT") - Returns MinusDirectionalIndicator value for 14 day period =MinusDirectionalIndicator("MSFT",30) - Returns MinusDirectionalIndicator value for 30 day period =MinusDirectionalIndicator("MSFT",30,"9/1/2021") - Returns MinusDirectionalIndicator value for 30 day period with start date 1 September 2021 |
Notes | When +DI and -DI crossover, it indicates the possibility of a new trend |
Assets | Stocks ETFs Mutual Funds Currencies Cryptocurrencies |
Stand with Ukraine
As the situation in Ukraine escalates, many of us in MarketXLS are left with emotions too overwhelming to name. If you’d like to show your support, but aren’t sure how to, we want to help make it easier for you to act.
For any amount donated, we’ll extend your MarketXLS subscription for double of the donated amount. Please send proof of your payment to support@marketxls.com to avail the extention
From all of us at MarketXLS, thank you!