Minus Directional Indicator

The 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


When +DI and -DI crossover, it indicates the possibility of a new trend


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Minus Directional Indicator
StockMinus Directional Indicator
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Westhaven Ventures

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Optionable: No  Market Cap: 65 M  90-day average vol: 40,509

Previous close: 0.512  Open: 0.5087  Bid:   Ask:
52 week range    
Last updated: Thursday 14th April 2022
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