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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

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

Weak Uptrend (+65) - DMLP is showing signs of weakening momentum to the upside. Monitor DMLP as it may be in the beginning stages of a reversal.

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
28.800 29.335 28.770 28.935 +0.095
Entry Signal

MarketClub’s Trade Triangles for DMLP

long term up The long-term trend has been UP since Jul 12th, 2023 at 31.5899

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2023 at 29.3100

short term up The short-term trend has been UP since Sep 20th, 2023 at 29.3299

Smart Scan Analysis for DMLP

Based on our trend formula, DMLP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.800 29.335 28.770 28.935 +0.095
Prev. Close Volume Bid Ask Time
28.860 41622 2023-09-22 15:59:49
Year High21.15Year High Date2018-09-26
Year Low15.05Year Low Date2018-01-02
52wk High33.1852wk High Date2023-07-20
52wk Low22.5152wk Low Date2022-09-23
Year End Close20.328Average Volume119,448
Shares Outstanding38,715Short Interest24,754
% Institutional14.7Market Cap633M
Assets153,125,000MLiabilities7,793,000M
P/E Ratio10.3Beta0.69
Volatility34.09
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