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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 2024-10-10 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 39420

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	31.78	31.24	31.90	31.24	0.67 times
09 Wed Oct 2024	31.30	30.89	31.48	30.81	0.715 times
08 Tue Oct 2024	31.45	31.46	31.94	31.21	0.87 times
07 Mon Oct 2024	31.66	31.25	31.94	31.25	0.984 times
04 Fri Oct 2024	31.26	31.12	31.44	31.12	0.512 times
03 Thu Oct 2024	31.06	30.89	31.17	30.70	0.583 times
02 Wed Oct 2024	30.69	31.00	31.39	30.60	1.695 times
01 Tue Oct 2024	30.74	30.23	30.81	30.23	1.058 times
30 Mon Sep 2024	30.15	30.05	30.20	29.90	0.611 times
27 Fri Sep 2024	29.87	29.14	30.20	29.14	0.939 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.3, but if it comes below 31.3, then a intra day sell could be more profitable.
If you take a sell trade below 31.3, then use 31.3 as stoploss and 30.65 as target. However if you take a buy trade in stock , then use 31.3 as stoploss and 32.1 as target.

Share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Target	28.41
Downside Target	29.14
Downside Target	30.81
Downside Target	31.44
Downside Target	31.66
Downside Target	31.71
Upside Target	31.94
Upside Target	32.91
Upside Target	33.17

Intraday share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Intraday Target	31.08
Downside Intraday Target	30.38
Upside Intraday Target	32.21
Upside Intraday Target	32.64
Downside Intraday Target	31.51

Weekly technical analysis of Dorchester Minerals (DMLP)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	31.78	31.25	31.94	30.81	0.726 times
04 Fri Oct 2024	31.26	30.05	31.44	29.90	0.569 times
27 Fri Sep 2024	29.87	30.67	30.80	29.14	0.738 times
20 Fri Sep 2024	30.87	29.76	31.66	29.63	1.364 times
13 Fri Sep 2024	29.85	29.26	30.40	28.57	1.403 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
10 Thu Oct 2024	31.78	30.23	31.94	30.23	0.219 times
30 Mon Sep 2024	30.15	30.20	31.66	28.57	0.909 times
30 Fri Aug 2024	30.40	30.21	31.71	28.41	1.088 times
31 Wed Jul 2024	30.40	31.12	32.91	29.54	1.283 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Dorchester Minerals in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dorchester Minerals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 30.95 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.