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(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 2024-06-14 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 43380

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 29.88 30.48 30.67 29.50 2.971 times
13 Thu Jun 2024 30.48 31.36 31.37 30.11 1.328 times
12 Wed Jun 2024 31.02 32.09 32.17 31.00 3.041 times
11 Tue Jun 2024 31.79 32.15 32.15 31.68 0.698 times
10 Mon Jun 2024 32.10 32.35 32.82 31.99 1.434 times
07 Fri Jun 2024 32.34 32.36 32.62 32.34 0.429 times
06 Thu Jun 2024 32.54 32.07 32.58 32.07 0.708 times
05 Wed Jun 2024 32.28 32.04 32.57 31.96 0.373 times
04 Tue Jun 2024 32.05 32.32 32.40 31.73 0.807 times
03 Mon Jun 2024 32.21 32.81 33.17 32.05 0.634 times

Stock of Dorchester Minerals (DMLP) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 30.3, for a target of 31.2 or 31.86

Share price targets for Dorchester Minerals (DMLP)

Target Type Value
Downside Target 29.01
Upside Target 30.60
Upside Target 32.48
Upside Target 32.82
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 28.65
Downside Intraday Target 27.41
Upside Intraday Target 31.97
Upside Intraday Target 34.05
Upside Intraday Target 30.73

Weekly technical analysis of Dorchester Minerals (DMLP)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 29.88 32.35 32.82 29.50 3.21 times
07 Fri Jun 2024 32.34 32.81 33.17 31.73 0.528 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Dorchester Minerals (DMLP)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 29.88 32.81 33.17 29.50 0.357 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dorchester Minerals ( (DMLP) ) based on a mid to longer 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.

ADX buy sell signal for Dorchester Minerals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Dorchester Minerals in short term and the sell signal is strong.

Dorchester Minerals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Dorchester Minerals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Dorchester Minerals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.16 and Dorchester Minerals (DMLP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dorchester Minerals ( (DMLP) ) based on a mid to longer 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.

ADX buy sell signal for Dorchester Minerals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Dorchester Minerals in short term and the sell signal is strong.

Dorchester Minerals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Dorchester Minerals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Dorchester Minerals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.16 and Dorchester Minerals (DMLP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Daily charts

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