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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 2024-10-30 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 96080

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	31.25	31.50	31.80	31.25	0.375 times
29 Tue Oct 2024	31.50	31.72	31.82	31.16	1.056 times
28 Mon Oct 2024	31.48	31.19	31.63	30.78	1.236 times
25 Fri Oct 2024	32.59	33.20	33.40	32.39	1.741 times
24 Thu Oct 2024	32.99	32.95	33.42	32.59	1.955 times
23 Wed Oct 2024	33.22	33.00	33.25	32.83	0.596 times
22 Tue Oct 2024	32.93	32.99	33.12	32.68	0.726 times
21 Mon Oct 2024	32.90	32.60	32.95	32.32	0.822 times
18 Fri Oct 2024	32.92	32.54	32.95	32.05	0.91 times
17 Thu Oct 2024	31.85	32.16	32.16	31.36	0.43 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.4, but if it comes above 31.4, then a intra day buy could be more profitable.
If you take a sell trade below 31.4, then use 31.4 as stoploss and 30.6 as target. However if you take a buy trade in stock , then use 31.4 as stoploss and 32.02 as target.

Share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Target	28.41
Downside Target	29.27
Upside Target	31.71
Upside Target	31.82
Upside Target	32.09
Upside Target	32.32
Upside Target	32.91
Upside 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	30.75
Downside Intraday Target	30.24
Upside Intraday Target	31.79
Upside Intraday Target	32.32
Upside Intraday Target	31.28

Weekly technical analysis of Dorchester Minerals (DMLP)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	31.25	31.19	31.82	30.78	0.457 times
25 Fri Oct 2024	32.59	32.60	33.42	32.32	1.838 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

Price has moved down 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
30 Wed Oct 2024	31.25	30.23	33.42	30.23	1.115 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Dorchester Minerals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but selling is losing 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 32.45 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.