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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 2024-01-26 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 88160

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jan 2024	32.30	32.18	32.61	31.72	1.669 times
25 Thu Jan 2024	33.47	33.60	33.60	33.05	2.142 times
24 Wed Jan 2024	33.26	33.30	33.48	33.11	1.549 times
23 Tue Jan 2024	33.05	33.00	33.33	32.87	1.284 times
22 Mon Jan 2024	32.96	32.85	32.98	32.00	1.238 times
19 Fri Jan 2024	32.50	32.53	32.60	32.02	1.044 times
18 Thu Jan 2024	32.58	31.89	32.58	31.51	0.822 times
17 Wed Jan 2024	31.68	31.71	31.81	31.37	0.445 times
16 Tue Jan 2024	31.71	31.94	31.94	31.35	0.531 times
12 Fri Jan 2024	31.81	31.45	31.84	31.43	0.473 times

My analysis of stock is bullish for shortterm, and stock might move up till 32.8 or till 33.8. Use a stoploss of 31.95 and if this stock hits its stoploss, then it can fall down till 31.13

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	31.72
Downside Target	31.84
Downside Target	32.04
Upside Target	32.60
Upside Target	32.87
Upside Target	33.60

Intraday share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Intraday Target	31.48
Downside Intraday Target	30.66
Upside Intraday Target	33.36
Upside Intraday Target	34.42
Upside Intraday Target	32.54

Weekly technical analysis of Dorchester Minerals (DMLP)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jan 2024	32.30	32.85	33.60	31.72	2.774 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 down 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
26 Fri Jan 2024	32.30	31.95	33.60	30.31	0.859 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 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 BUY signal in short term but buying is losing 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 32.78 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 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.