Earlier quoted context omitted.
Basically yes. If you want to get technical about it, it's not tracking movement it's tracking acceleration, which you can then integrate twice to update position.
Technically, acceleration is movement in an inertial system... Anyway, I was wondering for a long time, why phones/watched don't attempt to do it (at least, I never saw useful results of it). Surely it would be more useful to me than nothing, when lost in a labyrinth underground. I always assumed, that results are so horrible (close to random) that nobody even bothers. But then it doesn't tell me much if there is an…
https://github.com/nisargnp/DeadReckoning
I read a paper some time ago which suggested that mobile devices are still nowhere near good enough to use this e.g. for navigation around a shopping mall.