DORCHESTER MINERALS LP (DMLP) Stock Technical Analysis
USA - NASDAQ:DMLP - US25820R1059
25.7 USD
-0.43 (-1.65%)
Taking everything into account, DMLP scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DMLP was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, DMLP is a bad performer in the overall market: 82% of all stocks are doing better.
DMLP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 74% of 211 stocks in the same industry do better.
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 24.50 - 26.32 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 26.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.10, a Stop Loss order could be placed below this zone.
More info and screens
23.88
35.28
We found 2 important support areas.
- Support @24.72 from a horizontal line in the weekly time frame.
- Support @24.12 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 25.74 to 26.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.95 from a trend line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for DMLP is up. |
| ChartMill Relative Strength | 18.96 | NEGATIVE | DMLP has a low relative strength, it was outperformed by 81.04% 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 | 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) | 60.77 | 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) | 88.2 | OVERBOUGHT | The high Stochastics value suggests DMLP may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for DMLP suggests low volalility. |
| Average Directional Index/ADX (14) | 15.54 | NEGATIVE | The low ADX value for DMLP suggests a weak or negative 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)
NASDAQ:DMLP (9/29/2025, 12:52:20 PM)
25.7
-0.43 (-1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.65%
1 Week3.28%
2 Weeks3.12%
1 Month5.24%
3 Month-3.97%
6 Month-13.02%
12 Month-12.52%
2 Year-10.05%
3 Year4.6%
5 Year152.95%
10 Year80.71%
15 Year-2.83%
Volatility
ATR(14)0.43
ATR(20)%1.75%
ATR Inc-19.39%
Range Today0.56
ADR(20)0.45
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.96
Mansfield-2.09
10 Day High26.32
10 Day Low25
20 Day High26.32
20 Day Low24.5
52 Week High34.88
52 Week Low24.01
CS1 End26.1
CR1 Start26.14
Volume & EV
DER(3)-0.02%
DER(5)1.26%
Volume25.21K
Volume Incr-30.57%
Vol(5)70.36K
Vol(50)113.29K