(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.
10 day averaged volume of Dorchester Minerals is 71160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 30.88 | 32.64 | 32.64 | 30.75 | 2.983 times |
| 02 Thu May 2024 | 33.18 | 32.51 | 33.18 | 32.06 | 0.901 times |
| 01 Wed May 2024 | 32.35 | 32.06 | 32.46 | 31.93 | 0.616 times |
| 30 Tue Apr 2024 | 32.27 | 33.11 | 33.22 | 32.01 | 0.798 times |
| 29 Mon Apr 2024 | 33.24 | 33.00 | 33.37 | 32.87 | 0.637 times |
| 26 Fri Apr 2024 | 33.05 | 33.50 | 33.72 | 32.77 | 2.209 times |
| 25 Thu Apr 2024 | 34.62 | 35.10 | 35.25 | 34.61 | 1.258 times |
| 24 Wed Apr 2024 | 35.01 | 34.92 | 35.21 | 34.69 | 1.158 times |
| 23 Tue Apr 2024 | 34.82 | 34.74 | 34.95 | 34.56 | 0.854 times |
| 22 Mon Apr 2024 | 34.47 | 34.38 | 34.95 | 34.00 | 1.082 times |
Stock of Dorchester Minerals (DMLP) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 31.5, for a target of 32.7 or 33.68
Share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Target | 29.01 |
| Downside Target | 30.31 |
| Upside Target | 31.51 |
| Upside Target | 33.78 |
| Upside Target | 33.81 |
| Upside Target | 34.03 |
| Upside Target | 34.47 |
| Upside Target | 34.94 |
| Upside Target | 35.25 |
| Upside Target | 35.74 |
Intraday share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Intraday Target | 29.96 |
| Downside Intraday Target | 29.05 |
| Upside Intraday Target | 32.58 |
| Upside Intraday Target | 34.29 |
| Upside Intraday Target | 31.67 |
Weekly technical analysis of Dorchester Minerals (DMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 30.88 | 33.00 | 33.37 | 30.75 | 0.904 times |
| 26 Fri Apr 2024 | 33.05 | 34.38 | 35.25 | 32.77 | 1.844 times |
| 19 Fri Apr 2024 | 33.83 | 34.47 | 34.47 | 32.62 | 0.835 times |
| 12 Fri Apr 2024 | 34.19 | 34.50 | 34.94 | 33.81 | 0.774 times |
| 05 Fri Apr 2024 | 34.93 | 33.80 | 35.74 | 33.78 | 1.658 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 |
| 03 Fri May 2024 | 30.88 | 32.06 | 33.18 | 30.75 | 0.211 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 |
| 29 Thu Feb 2024 | 30.91 | 31.30 | 31.51 | 29.01 | 1.015 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 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 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 gaining 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 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 SELL signal in short term and selling is picking up 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 33.05 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 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 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 gaining 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 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 SELL signal in short term and selling is picking up 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 33.05 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.