22.78 USD
-0.31 (-1.34%)
22.78 USD
0 (0%)
Overall DMLP gets a technical rating of 0 out of 10. DMLP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DMLP is a bad performer in the overall market: 86% of all stocks are doing better.
DMLP is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 80% are performing better than DMLP.
DMLP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DMLP has a been trading in the 20.85 - 24.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
DMLP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.73. Right above this resistance zone may be a good entry point.
More info and screens
22.55
35.28
5 important resistance areas can be observed.
- A resistance zone ranging from 23.73 to 24.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.13 from a trend line in the daily time frame.
- A resistance zone ranging from 25.75 to 26.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.70 from a horizontal line in the daily time frame.
- Resistance @34.93 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DMLP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DMLP is neutral. |
| ChartMill Relative Strength | 14.4 | NEGATIVE | DMLP has a low relative strength, it was outperformed by 85.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DMLP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DMLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.39 | NEUTRAL | The RSI value for DMLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests DMLP has a positive trend. |
| Stochastics (14,3) | 72.09 | NEUTRAL | The Stochastics value for DMLP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for DMLP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.52 | NEUTRAL | The ADX value for DMLP suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
22.78
-0.31 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.34%
1 Week2.71%
2 Weeks4.02%
1 Month-0.57%
3 Month-10.1%
6 Month-18.93%
12 Month-30.59%
2 Year-28.43%
3 Year-23.89%
5 Year108.8%
10 Year130.33%
15 Year-17.07%
Volatility
ATR(14)0.77
ATR(20)%3.31%
ATR Inc-34.05%
Range Today0.42
ADR(20)0.75
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.4
3 months CRS20.26
6 months CRS13.21
Mansfield-2.73
10 Day High23.42
10 Day Low20.85
20 Day High24.28
20 Day Low20.85
52 Week High34.88
52 Week Low20.85
CS1 EndN/A
CR1 Start23.73
Volume & EV
DER(3)-2.9%
DER(5)-5.44%
Volume141.40K
Volume Incr11.76%
Vol(5)252.84K
Vol(50)174.49K
DORCHESTER MINERALS LP / DMLP FAQ
Can you provide the ChartMill technical rating for DORCHESTER MINERALS LP?
ChartMill assigns a technical rating of 0 / 10 to DMLP.
Can you provide the trend direction for DORCHESTER MINERALS LP?
The current trend direction for DORCHESTER MINERALS LP (DMLP) is Bearish.
Can you provide the RSI signal for DORCHESTER MINERALS LP?
DORCHESTER MINERALS LP (DMLP) has an RSI value of 48.3853. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DORCHESTER MINERALS LP?
The short term momentum for DORCHESTER MINERALS LP (DMLP) is neutral.