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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 2024-01-19 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 63890

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	32.50	32.53	32.60	32.02	1.44 times
18 Thu Jan 2024	32.58	31.89	32.58	31.51	1.135 times
17 Wed Jan 2024	31.68	31.71	31.81	31.37	0.614 times
16 Tue Jan 2024	31.71	31.94	31.94	31.35	0.733 times
12 Fri Jan 2024	31.81	31.45	31.84	31.43	0.653 times
12 Fri Jan 2024	31.81	31.45	31.84	31.43	0.653 times
11 Thu Jan 2024	31.38	30.87	31.41	30.87	0.603 times
10 Wed Jan 2024	30.68	30.36	30.82	30.31	0.898 times
09 Tue Jan 2024	30.49	30.80	31.10	30.35	1.154 times
08 Mon Jan 2024	30.80	31.05	31.48	30.60	2.224 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.1, but if it comes below 32.1, then a intra day sell could be more profitable.
If you take a sell trade below 32.1, then use 32.1 as stoploss and 31.62 as target. However if you take a buy trade in stock , then use 32.1 as stoploss and 32.8 as target.

Share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Target	27.16
Downside Target	27.75
Downside Target	29.34
Downside Target	31.00
Downside Target	31.80
Downside Target	31.84
Downside Target	32.00
Downside Target	32.04
Upside Target	32.60
Upside Target	32.87

Intraday share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Intraday Target	31.7
Downside Intraday Target	30.9
Upside Intraday Target	32.95
Upside Intraday Target	33.4
Downside Intraday Target	32.15

Weekly technical analysis of Dorchester Minerals (DMLP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	32.50	31.94	32.60	31.35	6.007 times
12 Fri Jan 2024	31.81	31.45	31.84	31.43	0.118 times
12 Fri Jan 2024	31.81	31.05	31.84	30.31	1.054 times
05 Fri Jan 2024	31.20	31.95	32.87	31.00	5.596 times
29 Fri Dec 2023	31.83	31.97	32.00	31.80	0.253 times

Price has moved up 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
19 Fri Jan 2024	32.50	31.95	32.87	30.31	0.503 times
29 Fri Dec 2023	31.83	29.28	32.04	28.45	1.389 times
30 Thu Nov 2023	29.13	27.90	29.34	27.16	0.812 times
31 Tue Oct 2023	27.90	29.15	29.92	27.75	1.019 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 coming down

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

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 31.48 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.