(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 2024-03-08 View latest technical analysis
10 day averaged volume of Dorchester Minerals is 52760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 31.56 | 31.60 | 31.77 | 31.18 | 1.13 times |
| 07 Thu Mar 2024 | 31.38 | 31.00 | 31.68 | 31.00 | 1.063 times |
| 06 Wed Mar 2024 | 31.14 | 31.11 | 31.49 | 30.98 | 1.386 times |
| 05 Tue Mar 2024 | 30.90 | 30.75 | 31.16 | 30.75 | 0.498 times |
| 04 Mon Mar 2024 | 30.85 | 30.99 | 31.23 | 30.60 | 1.422 times |
| 01 Fri Mar 2024 | 30.88 | 31.17 | 31.30 | 30.86 | 0.866 times |
| 29 Thu Feb 2024 | 30.91 | 30.50 | 30.98 | 30.50 | 1.194 times |
| 28 Wed Feb 2024 | 30.54 | 30.05 | 30.72 | 30.05 | 0.758 times |
| 27 Tue Feb 2024 | 30.15 | 30.10 | 30.32 | 30.00 | 0.934 times |
| 26 Mon Feb 2024 | 29.90 | 30.19 | 30.41 | 29.69 | 1.124 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 31.7, for a target of 31.1 or 30.66
Share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Target | 27.16 |
| Downside Target | 28.45 |
| Downside Target | 31.06 |
| Downside Target | 31.20 |
| Downside Target | 31.27 |
| Downside Target | 31.30 |
| Downside Target | 31.51 |
| Upside Target | 31.77 |
| Upside Target | 32.04 |
| Upside Target | 33.60 |
Intraday share price targets for Dorchester Minerals (DMLP)
| Target Type | Value |
| Downside Intraday Target | 30.85 |
| Downside Intraday Target | 30.14 |
| Upside Intraday Target | 32.02 |
| Upside Intraday Target | 32.48 |
| Downside Intraday Target | 31.31 |
Weekly technical analysis of Dorchester Minerals (DMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 31.56 | 30.99 | 31.77 | 30.60 | 1.127 times |
| 01 Fri Mar 2024 | 30.88 | 30.19 | 31.30 | 29.69 | 1.155 times |
| 23 Fri Feb 2024 | 30.18 | 30.65 | 31.06 | 30.01 | 0.704 times |
| 16 Fri Feb 2024 | 30.78 | 29.99 | 31.27 | 29.93 | 0.305 times |
| 09 Fri Feb 2024 | 29.99 | 31.08 | 31.20 | 29.01 | 2.702 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 |
| 08 Fri Mar 2024 | 31.56 | 31.17 | 31.77 | 30.60 | 0.173 times |
| 29 Thu Feb 2024 | 30.91 | 31.30 | 31.51 | 29.01 | 1.015 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 |
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 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 neutral. A longer time frame might give a better analysis.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 positive zone. This is a BUY 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 30.84 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 rising upwards.
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 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 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 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 neutral. A longer time frame might give a better analysis.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 positive zone. This is a BUY 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 30.84 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 rising upwards.
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.