DORCHESTER MINERALS LP (DMLP)
US25820R1059
Taking everything into account, DMLP scores 5 out of 10 in our technical rating. DMLP was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month DMLP has a been trading in the 31.93 - 35.59 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that DMLP is one of the better performing stocks in the market, outperforming 70% of all stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
DMLP is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, DMLP did better than 46% of them.
DMLP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DMLP is lagging the market slightly.
DMLP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.22
35.80
When analyzing the support we can see 5 important areas.
- A support zone ranging from 31.51 to 31.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.99 to 30.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 29.47 to 29.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.63 from a horizontal line in the weekly time frame.
- Support @27.49 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.94 to 35.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.12
Mansfield-0.05
10 Day High35.25
10 Day Low31.93
20 Day High35.59
20 Day Low31.93
52 Week High35.74
52 Week Low27.16
Performance
1 Week-4.16%
2 Weeks-1.16%
1 Month-5.85%
3 Month7.03%
6 Month16.83%
12 Month14.49%
2 Year7.41%
3 Year118.29%
5 Year84.13%
10 Year17.33%
15 Year61.93%
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)-0.26
RSI(14)46.78
LBB32.04
UBB35.28
DORCHESTER MINERALS LP
NASDAQ:DMLP (5/3/2024, 9:42:22 AM)
31.69
-1.49 (-4.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.49%
1 Week-4.16%
2 Weeks-1.16%
1 Month-5.85%
3 Month7.03%
6 Month16.83%
12 Month14.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%2.68%
ATR Inc
Range Today1.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High35.25
10 Day Low31.93
20 Day High35.59
20 Day Low31.93
52 Week High35.74
52 Week Low27.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.75K
Volume Incr9.92%
Vol(5)73.44K
Vol(50)62.42K