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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 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
32.520 32.990 32.330 32.980 +0.545
Entry Signal

MarketClub’s Trade Triangles for DMLP

long term up The long-term trend has been UP since Oct 18th, 2024 at 32.910

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 32.750

short term up The short-term trend has been UP since Dec 26th, 2024 at 32.861

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
32.520 32.990 32.330 32.980 +0.545
Prev. Close Volume Bid Ask Time
32.435 38887 2024-12-26 15:07:14
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 Volume144,918
Shares Outstanding47,340Short Interest24,754
% Institutional14.7Market Cap633M
Assets403,352,000MLiabilities6,889,000M
P/E Ratio11.6255Beta0.69
Volatility34.09
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