DORCHESTER MINERALS LP (DMLP) Stock Technical Analysis
USA - NASDAQ:DMLP - US25820R1059
23.75 USD
-0.16 (-0.67%)
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DMLP is a bad performer in the overall market: 88% of all stocks are doing better.
DMLP is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 78% are performing better than DMLP.
DMLP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month DMLP has a been trading in the 23.75 - 26.32 range, which is quite wide. It is currently trading near the lows of this range.
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
23.51
35.28
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 23.90 to 23.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.09 to 25.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.13 to 26.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.69 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 | DOWN | NEGATIVE | The short term trend for DMLP is down. |
| ChartMill Relative Strength | 12.57 | NEGATIVE | DMLP has a low relative strength, it was outperformed by 87.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMLP is below 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) | 34.58 | NEUTRAL | The RSI value for DMLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests DMLP has a negative trend. |
| Stochastics (14,3) | 7 | OVERSOLD | The low Stochastics value suggests DMLP may be oversold. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for DMLP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.85 | 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)
NASDAQ:DMLP (10/17/2025, 11:56:42 AM)
23.75
-0.16 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.67%
1 Week-3.35%
2 Weeks-5.23%
1 Month-6.71%
3 Month-13.05%
6 Month-18.17%
12 Month-27.37%
2 Year-14.3%
3 Year-16.11%
5 Year137.67%
10 Year65.47%
15 Year-9.94%
Volatility
ATR(14)0.59
ATR(20)%2.29%
ATR Inc-13.32%
Range Today0.22
ADR(20)0.53
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.57
Mansfield-2.59
10 Day High25.86
10 Day Low23.75
20 Day High26.32
20 Day Low23.75
52 Week High34.88
52 Week Low23.75
CS1 End23.9
CR1 Start25.09
Volume & EV
DER(3)1.95%
DER(5)-1.56%
Volume47.10K
Volume Incr24%
Vol(5)110.84K
Vol(50)113.49K