(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 2024-06-11 View latest technical analysis
10 day averaged volume of Dorchester Minerals is 43250
Date | Daily Closing Price | Open | High | Low | Volume |
11 Tue Jun 2024 | 31.79 | 32.15 | 32.15 | 31.68 | 0.701 times |
10 Mon Jun 2024 | 32.10 | 32.35 | 32.82 | 31.99 | 1.438 times |
07 Fri Jun 2024 | 32.34 | 32.36 | 32.62 | 32.34 | 0.43 times |
06 Thu Jun 2024 | 32.54 | 32.07 | 32.58 | 32.07 | 0.71 times |
05 Wed Jun 2024 | 32.28 | 32.04 | 32.57 | 31.96 | 0.375 times |
04 Tue Jun 2024 | 32.05 | 32.32 | 32.40 | 31.73 | 0.809 times |
03 Mon Jun 2024 | 32.21 | 32.81 | 33.17 | 32.05 | 0.636 times |
31 Fri May 2024 | 32.99 | 32.24 | 33.10 | 32.24 | 0.55 times |
30 Thu May 2024 | 32.24 | 32.38 | 32.54 | 32.23 | 0.31 times |
29 Wed May 2024 | 32.25 | 32.87 | 32.87 | 32.22 | 0.594 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.8, but if it comes above 31.8, then a intra day buy could be more profitable.
If you take a sell trade below 31.8, then use 31.8 as stoploss and 31.4 as target. However if you take a buy trade in stock , then use 31.8 as stoploss and 32.13 as target.
Share price targets for Dorchester Minerals (DMLP)
Target Type | Value |
Downside Target | 29.01 |
Downside Target | 29.59 |
Downside Target | 30.60 |
Upside Target | 32.82 |
Upside Target | 33.02 |
Upside Target | 33.17 |
Upside Target | 33.26 |
Upside Target | 34.03 |
Upside Target | 35.74 |
Intraday share price targets for Dorchester Minerals (DMLP)
Target Type | Value |
Downside Intraday Target | 31.37 |
Downside Intraday Target | 30.96 |
Upside Intraday Target | 32.51 |
Upside Intraday Target | 33.24 |
Upside Intraday Target | 32.1 |
Weekly technical analysis of Dorchester Minerals (DMLP)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Tue Jun 2024 | 31.79 | 32.35 | 32.82 | 31.68 | 0.723 times |
07 Fri Jun 2024 | 32.34 | 32.81 | 33.17 | 31.73 | 0.528 times |
31 Fri May 2024 | 32.99 | 31.86 | 33.26 | 31.27 | 1.239 times |
23 Thu May 2024 | 31.66 | 31.83 | 32.48 | 31.02 | 0.935 times |
17 Fri May 2024 | 31.76 | 32.70 | 33.02 | 31.53 | 0.387 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 |
11 Tue Jun 2024 | 31.79 | 32.81 | 33.17 | 31.68 | 0.146 times |
31 Fri May 2024 | 32.99 | 32.06 | 33.26 | 29.59 | 0.994 times |
30 Tue Apr 2024 | 32.27 | 33.80 | 35.74 | 32.01 | 1.285 times |
28 Thu Mar 2024 | 33.72 | 31.17 | 34.03 | 30.60 | 0.609 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a mid to longer 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.
ADX buy sell signal for Dorchester Minerals stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Dorchester Minerals in short term but the buy signal is initial and weak.
Dorchester Minerals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 32.24 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Dorchester Minerals ( (DMLP) ) based on a mid to longer 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.
ADX buy sell signal for Dorchester Minerals stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Dorchester Minerals in short term but the buy signal is initial and weak.
Dorchester Minerals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 32.24 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.