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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 2024-10-24 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 56020

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	32.99	32.95	33.42	32.59	3.352 times
23 Wed Oct 2024	33.22	33.00	33.25	32.83	1.023 times
22 Tue Oct 2024	32.93	32.99	33.12	32.68	1.246 times
21 Mon Oct 2024	32.90	32.60	32.95	32.32	1.41 times
18 Fri Oct 2024	32.92	32.54	32.95	32.05	1.56 times
17 Thu Oct 2024	31.85	32.16	32.16	31.36	0.737 times
16 Wed Oct 2024	32.09	32.29	32.29	31.95	0.903 times
15 Tue Oct 2024	32.06	31.95	32.30	31.71	1.266 times
14 Mon Oct 2024	32.20	32.00	32.34	31.66	0.985 times
11 Fri Oct 2024	31.97	31.88	32.09	31.08	0.398 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.7, but if it comes below 32.7, then a intra day sell could be more profitable.
If you take a sell trade below 32.7, then use 32.7 as stoploss and 31.75 as target. However if you take a buy trade in stock , then use 32.7 as stoploss and 33.8 as target.

Share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Target	28.41
Downside Target	29.14
Downside Target	31.66
Downside Target	31.71
Downside Target	32.09
Downside Target	32.32
Downside Target	32.91
Downside Target	32.95
Upside Target	33.17
Upside Target	33.42

Intraday share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Intraday Target	32.4
Downside Intraday Target	31.81
Upside Intraday Target	33.5
Upside Intraday Target	34.01
Downside Intraday Target	32.91

Weekly technical analysis of Dorchester Minerals (DMLP)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	32.99	32.60	33.42	32.32	1.29 times
18 Fri Oct 2024	32.92	32.00	32.95	31.36	2.036 times
11 Fri Oct 2024	31.97	31.25	32.09	30.81	0.853 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

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
24 Thu Oct 2024	32.99	30.23	33.42	30.23	0.784 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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Dorchester Minerals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 32.67 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.