Taking everything into account, DMLP scores 1 out of 10 in our technical rating. DMLP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of DMLP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.05
3 important support areas can be observed.
- A support zone ranging from 23.00 to 23.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.94 to 22.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.26 to 21.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 23.34 to 23.47. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @24.68 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 @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 | 16.7 | NEGATIVE | DMLP has a low relative strength, it was outperformed by 83.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DMLP is above 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) | 59.98 | NEUTRAL | The RSI value for DMLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests DMLP has a positive trend. |
| Stochastics (14,3) | 59.46 | NEUTRAL | The Stochastics value for DMLP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for DMLP suggests some volalility. |
| Average Directional Index/ADX (14) | 15.66 | NEGATIVE | The low ADX value for DMLP suggests a weak or negative trend. |
NASDAQ:DMLP (1/2/2026, 8:16:21 PM)
23.25
+0.89 (+3.98%)
DORCHESTER MINERALS LP / DMLP FAQ
Can you provide the ChartMill technical rating for DORCHESTER MINERALS LP?
ChartMill assigns a technical rating of 1 / 10 to DMLP.
What is the trend direction for DMLP stock?
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 59.9791. This indicates that the stock is currently neutral.
What is the support and resistance level for DMLP stock?
DORCHESTER MINERALS LP (DMLP) has a support level at 23.21 and a resistance level at 23.34. Check the full technical report for our detailed analysis of DMLP support and resistance levels.