(DMLP) Dorchester Minerals complete technical analysis [charts+indicators] | Buy/Sell Dorchester Minerals | (DMLP) share price targets
Complete technical analysis of Dorchester Minerals (DMLP) by charts plus indicators, forecast predictions and share price targets for Dorchester Minerals (DMLP)
Dorchester Minerals trades in USA in Energy sector.
Showing technical analysis as on 2024-06-06 View latest technical analysis
10 day averaged volume of Dorchester Minerals is 47290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 32.54 | 32.07 | 32.58 | 32.07 | 0.649 times |
| 05 Wed Jun 2024 | 32.28 | 32.04 | 32.57 | 31.96 | 0.343 times |
| 04 Tue Jun 2024 | 32.05 | 32.32 | 32.40 | 31.73 | 0.74 times |
| 03 Mon Jun 2024 | 32.21 | 32.81 | 33.17 | 32.05 | 0.582 times |
| 31 Fri May 2024 | 32.99 | 32.24 | 33.10 | 32.24 | 0.503 times |
| 30 Thu May 2024 | 32.24 | 32.38 | 32.54 | 32.23 | 0.283 times |
| 29 Wed May 2024 | 32.25 | 32.87 | 32.87 | 32.22 | 0.543 times |
| 28 Tue May 2024 | 32.49 | 31.86 | 33.26 | 31.27 | 3.794 times |
| 23 Thu May 2024 | 31.66 | 31.69 | 31.93 | 31.36 | 0.529 times |
| 22 Wed May 2024 | 31.51 | 31.51 | 31.80 | 31.02 | 1.032 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.5, but if it comes below 32.5, then a intra day sell could be more profitable.
If you take a sell trade below 32.5, then use 32.5 as stoploss and 32.18 as target. However if you take a buy trade in stock , then use 32.5 as stoploss and 33 as target.
Share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Target | 29.01 |
| Downside Target | 29.59 |
| Downside Target | 30.60 |
| Upside Target | 33.00 |
| Upside Target | 33.02 |
| Upside Target | 33.17 |
| Upside Target | 33.26 |
| Upside Target | 34.03 |
| Upside Target | 35.74 |
Intraday share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Intraday Target | 31.79 |
| Downside Intraday Target | 31.04 |
| Upside Intraday Target | 33.23 |
| Upside Intraday Target | 33.92 |
| Downside Intraday Target | 32.48 |
Weekly technical analysis of Dorchester Minerals (DMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 32.54 | 32.81 | 33.17 | 31.73 | 0.452 times |
| 31 Fri May 2024 | 32.99 | 31.86 | 33.26 | 31.27 | 1.239 times |
| 23 Thu May 2024 | 31.66 | 31.83 | 32.48 | 31.02 | 0.935 times |
| 17 Fri May 2024 | 31.76 | 32.70 | 33.02 | 31.53 | 0.387 times |
| 10 Fri May 2024 | 32.42 | 30.64 | 33.00 | 29.59 | 1.28 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Dorchester Minerals (DMLP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 32.54 | 32.81 | 33.17 | 31.73 | 0.073 times |
| 31 Fri May 2024 | 32.99 | 32.06 | 33.26 | 29.59 | 0.994 times |
| 30 Tue Apr 2024 | 32.27 | 33.80 | 35.74 | 32.01 | 1.285 times |
| 28 Thu Mar 2024 | 33.72 | 31.17 | 34.03 | 30.60 | 0.609 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Dorchester Minerals (DMLP)
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Dorchester Minerals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Dorchester Minerals in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dorchester Minerals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dorchester Minerals in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Dorchester Minerals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 32.28 and Dorchester Minerals (DMLP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Dorchester Minerals (DMLP) stock. Volume based technical analysis of Dorchester Minerals (DMLP) stock is negative.
Dorchester Minerals Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Dorchester Minerals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Dorchester Minerals in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dorchester Minerals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dorchester Minerals in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Dorchester Minerals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 32.28 and Dorchester Minerals (DMLP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Dorchester Minerals (DMLP) stock. Volume based technical analysis of Dorchester Minerals (DMLP) stock is negative.
Dorchester Minerals Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.