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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 2024-07-26 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 54868

Date Daily Closing Price Open High Low Volume
26 Fri Jul 2024 30.91 31.63 31.75 30.80 2.395 times
25 Thu Jul 2024 31.67 30.85 32.27 30.85 1.832 times
24 Wed Jul 2024 30.88 30.81 31.60 30.62 1.079 times
23 Tue Jul 2024 30.77 32.00 32.00 30.75 1.653 times
22 Mon Jul 2024 31.78 32.14 32.15 31.55 1.099 times
19 Fri Jul 2024 31.94 32.32 32.70 31.70 0.971 times
18 Thu Jul 2024 32.32 32.19 32.61 32.14 0.554 times
17 Wed Jul 2024 32.34 32.58 32.77 32.27 0.988 times
16 Tue Jul 2024 32.64 32.70 32.76 32.14 0.621 times
15 Mon Jul 2024 32.55 32.63 32.91 32.50 0.617 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.2, but if it comes above 31.2, then a intra day buy could be more profitable.
If you take a sell trade below 31.2, then use 31.2 as stoploss and 30.5 as target. However if you take a buy trade in stock , then use 31.2 as stoploss and 31.69 as target.

Share price targets for Dorchester Minerals (DMLP)

Target Type Value
Downside Target 29.27
Downside Target 30.60
Upside Target 31.70
Upside Target 32.26
Upside Target 32.27
Upside Target 32.91
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 30.26
Downside Intraday Target 29.62
Upside Intraday Target 31.91
Upside Intraday Target 32.92
Upside Intraday Target 31.27

Weekly technical analysis of Dorchester Minerals (DMLP)

Date Weekly Closing Price Open High Low Volume
26 Fri Jul 2024 30.91 32.14 32.27 30.62 2.148 times
19 Fri Jul 2024 31.94 32.63 32.91 31.70 1.015 times
12 Fri Jul 2024 32.14 31.01 32.26 30.92 2.115 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

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
26 Fri Jul 2024 30.91 31.12 32.91 30.62 1.087 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 green color and prices are in or below the green 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 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 31.53 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 positive

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 green color and prices are in or below the green 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 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 31.53 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 positive

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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Daily chart
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