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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 2024-11-21 View latest technical analysis

10 day averaged volume of Dorchester Minerals is 71000

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	33.50	33.67	33.95	33.26	1.261 times
20 Wed Nov 2024	33.40	33.10	33.74	33.10	1.594 times
19 Tue Nov 2024	33.30	33.44	33.50	33.10	0.731 times
18 Mon Nov 2024	33.29	33.49	33.50	32.95	0.675 times
15 Fri Nov 2024	33.09	33.02	33.13	32.78	0.523 times
14 Thu Nov 2024	32.77	32.91	32.98	32.34	0.668 times
13 Wed Nov 2024	32.69	32.75	33.38	32.25	0.641 times
12 Tue Nov 2024	32.96	33.60	33.72	32.95	0.549 times
11 Mon Nov 2024	33.51	33.54	33.70	33.21	1.575 times
08 Fri Nov 2024	33.63	33.95	33.95	33.18	1.154 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.4, but if it comes below 33.4, then a intra day sell could be more profitable.
If you take a sell trade below 33.4, then use 33.4 as stoploss and 32.63 as target. However if you take a buy trade in stock , then use 33.4 as stoploss and 34.4 as target.

Share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Target	28.41
Downside Target	29.54
Downside Target	30.23
Downside Target	32.91
Downside Target	32.95
Downside Target	33.42
Upside Target	33.72
Upside Target	33.95

Intraday share price targets for Dorchester Minerals (DMLP)

Target Type	Value
Downside Intraday Target	32.98
Downside Intraday Target	32.47
Upside Intraday Target	33.98
Upside Intraday Target	34.47
Downside Intraday Target	33.47

Weekly technical analysis of Dorchester Minerals (DMLP)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	33.50	33.49	33.95	32.95	1.077 times
15 Fri Nov 2024	33.09	33.54	33.72	32.25	0.519 times
08 Fri Nov 2024	33.63	32.12	33.95	31.22	1.463 times
01 Fri Nov 2024	32.01	31.19	32.35	30.78	0.659 times
25 Fri Oct 2024	32.59	32.60	33.42	32.32	1.838 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
21 Thu Nov 2024	33.50	32.35	33.95	31.08	0.815 times
31 Thu Oct 2024	31.95	30.23	33.42	30.23	1.148 times
30 Mon Sep 2024	30.15	30.20	31.66	28.57	0.909 times
30 Fri Aug 2024	30.40	30.21	31.71	28.41	1.088 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 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 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 Weak 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 SELL signal in short term and selling is picking up 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 33.31 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.