(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 2024-07-08 View latest technical analysis
10 day averaged volume of Dorchester Minerals is 41120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 31.62 | 31.01 | 31.62 | 30.92 | 1.194 times |
| 05 Fri Jul 2024 | 31.06 | 31.42 | 31.97 | 30.75 | 1.179 times |
| 03 Wed Jul 2024 | 31.42 | 31.71 | 32.01 | 31.42 | 1.153 times |
| 03 Wed Jul 2024 | 31.42 | 31.71 | 32.01 | 31.42 | 1.153 times |
| 02 Tue Jul 2024 | 31.58 | 31.30 | 31.75 | 31.29 | 1.42 times |
| 01 Mon Jul 2024 | 31.24 | 31.12 | 31.38 | 30.95 | 1.034 times |
| 28 Fri Jun 2024 | 30.85 | 31.22 | 31.22 | 30.56 | 0.535 times |
| 27 Thu Jun 2024 | 30.89 | 30.54 | 31.04 | 30.54 | 0.936 times |
| 26 Wed Jun 2024 | 30.64 | 31.07 | 31.20 | 30.51 | 0.52 times |
| 25 Tue Jun 2024 | 31.02 | 31.30 | 31.46 | 31.01 | 0.88 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.5, but if it comes below 31.5, then a intra day sell could be more profitable.
If you take a sell trade below 31.5, then use 31.5 as stoploss and 30.96 as target. However if you take a buy trade in stock , then use 31.5 as stoploss and 32 as target.
Share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Target | 29.27 |
| Downside Target | 31.62 |
| Upside Target | 32.01 |
| 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 | 31.15 |
| Downside Intraday Target | 30.69 |
| Upside Intraday Target | 31.85 |
| Upside Intraday Target | 32.09 |
| Downside Intraday Target | 31.39 |
Weekly technical analysis of Dorchester Minerals (DMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 31.62 | 31.01 | 31.62 | 30.92 | 0.512 times |
| 05 Fri Jul 2024 | 31.06 | 31.71 | 32.01 | 30.75 | 0.647 times |
| 03 Wed Jul 2024 | 31.42 | 31.12 | 32.01 | 30.95 | 0.888 times |
| 28 Fri Jun 2024 | 30.85 | 30.98 | 31.51 | 30.51 | 0.94 times |
| 21 Fri Jun 2024 | 30.90 | 30.10 | 31.18 | 30.10 | 1.435 times |
Price has moved up 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 |
| 08 Mon Jul 2024 | 31.62 | 31.12 | 32.01 | 30.75 | 0.291 times |
| 28 Fri Jun 2024 | 30.85 | 32.81 | 33.17 | 29.27 | 0.668 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 |
Scroll below to view daily charts
Price has moved up 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 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 short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 Weak 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 but selling is losing 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 31.25 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 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 short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 Weak 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 but selling is losing 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 31.25 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.