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Stock Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Dorchester Minerals, L.P. - Common Units Representing Limited Partnership Interests (NASDAQ:DMLP)

Sidelines Mode (+55) - DMLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DMLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for DMLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DMLP
Open High Low DMLP Price Change
34.0000 34.0000 32.8900 33.0668 -0.1532
Entry Signal

MarketClub’s Trade Triangles for DMLP

long term up The long-term trend has been UP since Oct 18th, 2024 at 32.9100

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2024 at 33.4199

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 33.9000

Smart Scan Analysis for DMLP

Based on our trend formula, DMLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.0000 34.0000 32.8900 33.0668 -0.1532
Prev. Close Volume Bid Ask Time
33.2200 34063 2024-12-09 11:25:59
Year High21.15Year High Date2018-09-26
Year Low15.05Year Low Date2018-01-02
52wk High35.7452wk High Date2024-04-03
52wk Low28.4152wk Low Date2024-08-05
Year End Close20.328Average Volume100,945
Shares Outstanding47,340Short Interest24,754
% Institutional14.7Market Cap633M
Assets403,352,000MLiabilities6,889,000M
P/E Ratio11.9068Beta0.69
Volatility34.09
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