DORCHESTER MINERALS LP (DMLP) Stock Technical Analysis
NASDAQ:DMLP - Nasdaq - US25820R1059 - Currency: USD
Overall DMLP gets a technical rating of 0 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DMLP is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month DMLP has a been trading in the 25.84 - 30.49 range, which is quite wide. It is currently trading near the high of this range.
DMLP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 64% of 212 stocks in the same industry.
DMLP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
DMLP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.14, a Stop Loss order could be placed below this zone.
More info and screens
27.76
35.28
We found 1 important support area.
- A support zone ranging from 28.04 to 29.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.84 to 30.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.93 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.6
Mansfield-0.38
10 Day High29.7
10 Day Low26.67
20 Day High30.49
20 Day Low25.84
52 Week High34.88
52 Week Low25.84
Performance
1 Week2.06%
2 Weeks3.28%
1 Month-2.11%
3 Month-9.44%
6 Month-10.22%
12 Month-11.47%
2 Year-2.24%
3 Year12.06%
5 Year135.97%
10 Year27.88%
15 Year7.18%
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)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)51.13
LBB26.67
UBB29.93
NASDAQ:DMLP (4/24/2025, 8:04:04 PM)
29.26
-0.07 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.24%
1 Week2.06%
2 Weeks3.28%
1 Month-2.11%
3 Month-9.44%
6 Month-10.22%
12 Month-11.47%
2 Year-2.24%
3 Year12.06%
5 Year135.97%
10 Year27.88%
15 Year7.18%
Volatility
ATR(14)1.23
ATR(20)%3.48%
ATR Inc-50.64%
Range Today0.47
ADR(20)0.99
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.6
Mansfield-0.38
10 Day High29.7
10 Day Low26.67
20 Day High30.49
20 Day Low25.84
52 Week High34.88
52 Week Low25.84
CS1 End29.14
CR1 Start29.84
Volume & EV
DER(3)-1.07%
DER(5)-0.26%
Volume50.10K
Volume Incr-44.22%
Vol(5)58.70K
Vol(50)125.09K