Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DMLP
The long-term trend has been UP since Oct 18th, 2024 at 32.910
The intermediate-term trend has been DOWN since Dec 10th, 2024 at 32.750
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).
| 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 High | 21.15 | Year High Date | 2018-09-26 |
| Year Low | 15.05 | Year Low Date | 2018-01-02 |
| 52wk High | 35.74 | 52wk High Date | 2024-04-03 |
| 52wk Low | 28.41 | 52wk Low Date | 2024-08-05 |
| Year End Close | 20.328 | Average Volume | 144,918 |
| Shares Outstanding | 47,340 | Short Interest | 24,754 |
| % Institutional | 14.7 | Market Cap | 633M |
| Assets | 403,352,000M | Liabilities | 6,889,000M |
| P/E Ratio | 11.6255 | Beta | 0.69 |
| Volatility | 34.09 |