(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 2024-02-09 View latest technical analysis
10 day averaged volume of Dorchester Minerals is 144760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 29.99 | 29.98 | 30.25 | 29.80 | 0.833 times |
| 08 Thu Feb 2024 | 29.94 | 29.32 | 30.00 | 29.24 | 0.966 times |
| 07 Wed Feb 2024 | 29.57 | 29.77 | 29.82 | 29.40 | 0.765 times |
| 06 Tue Feb 2024 | 29.77 | 29.55 | 29.95 | 29.37 | 0.971 times |
| 05 Mon Feb 2024 | 29.47 | 31.08 | 31.20 | 29.01 | 3.63 times |
| 02 Fri Feb 2024 | 31.00 | 31.09 | 31.20 | 30.72 | 0.26 times |
| 01 Thu Feb 2024 | 31.09 | 31.30 | 31.51 | 30.85 | 0.778 times |
| 31 Wed Jan 2024 | 31.42 | 31.80 | 31.80 | 31.34 | 0.423 times |
| 30 Tue Jan 2024 | 31.79 | 31.70 | 31.81 | 31.30 | 0.49 times |
| 29 Mon Jan 2024 | 31.70 | 32.51 | 32.62 | 31.57 | 0.701 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.3, but if it comes above 30.3, then a intra day buy could be more profitable.
If you take a sell trade below 30.3, then use 30.3 as stoploss and 28.8 as target. However if you take a buy trade in stock , then use 30.3 as stoploss and 31.55 as target.
Share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Target | 27.16 |
| Downside Target | 27.75 |
| Downside Target | 28.45 |
| Upside Target | 31.51 |
| Upside Target | 31.72 |
| Upside Target | 31.84 |
| Upside Target | 32.04 |
| Upside Target | 32.60 |
| Upside Target | 32.62 |
| Upside Target | 33.60 |
Intraday share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Intraday Target | 28.93 |
| Downside Intraday Target | 27.88 |
| Upside Intraday Target | 31.12 |
| Upside Intraday Target | 32.26 |
| Upside Intraday Target | 30.07 |
Weekly technical analysis of Dorchester Minerals (DMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 29.99 | 31.08 | 31.20 | 29.01 | 2.702 times |
| 02 Fri Feb 2024 | 31.00 | 32.51 | 32.62 | 30.72 | 0.553 times |
| 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 |
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 |
| 09 Fri Feb 2024 | 29.99 | 31.30 | 31.51 | 29.01 | 0.622 times |
| 31 Wed Jan 2024 | 31.42 | 31.95 | 33.60 | 30.31 | 0.979 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 |
Scroll below to view daily charts
Price has moved down 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 and the sell signal is strong.
Dorchester Minerals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dorchester Minerals in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 30.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 and the sell signal is strong.
Dorchester Minerals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dorchester Minerals in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 30.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.