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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 2024-01-24 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 65210

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	33.26	33.30	33.48	33.11	2.095 times
23 Tue Jan 2024	33.05	33.00	33.33	32.87	1.736 times
22 Mon Jan 2024	32.96	32.85	32.98	32.00	1.673 times
19 Fri Jan 2024	32.50	32.53	32.60	32.02	1.411 times
18 Thu Jan 2024	32.58	31.89	32.58	31.51	1.112 times
17 Wed Jan 2024	31.68	31.71	31.81	31.37	0.601 times
16 Tue Jan 2024	31.71	31.94	31.94	31.35	0.718 times
12 Fri Jan 2024	31.81	31.45	31.84	31.43	0.639 times
12 Fri Jan 2024	31.81	31.45	31.84	31.43	0.639 times
11 Thu Jan 2024	31.38	30.87	31.41	30.87	0.59 times

Stock of Dorchester Minerals (DMLP) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 33.5, for a target of 32.6 or 31.84

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	31.84
Downside Target	32.00
Downside Target	32.04
Downside Target	32.60
Downside Target	32.87
Upside Target	33.48

Intraday share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Intraday Target	32.35
Downside Intraday Target	31.43
Upside Intraday Target	33.83
Upside Intraday Target	34.39
Downside Intraday Target	32.91

Weekly technical analysis of Dorchester Minerals (DMLP)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	33.26	32.85	33.48	32.00	1.433 times
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

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 Wed Jan 2024	33.26	31.95	33.48	30.31	0.687 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 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 tired and bears are picking up momentum.

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 but buying is losing 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 32.57 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.