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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

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

Bear Market Rally (-75) - DMLP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DMLP as it may be in the beginning 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
28.05 28.75 27.89 28.73 +0.87
Entry Signal

MarketClub’s Trade Triangles for DMLP

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 27.2549

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2023 at 29.1001

short term up The short-term trend has been UP since Mar 28th, 2023 at 28.7199

Smart Scan Analysis for DMLP

Based on our trend formula, DMLP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.05 28.75 27.89 28.73 +0.87
Prev. Close Volume Bid Ask Time
27.86 76455 2023-03-28 15:59:52
Year High21.15Year High Date2018-09-26
Year Low15.05Year Low Date2018-01-02
52wk High32.609952wk High Date2022-06-08
52wk Low22.5152wk Low Date2022-09-23
Year End Close20.328Average Volume105,034
Shares Outstanding38,371Short Interest24,754
% Institutional14.7Market Cap633M
Assets176,243,000MLiabilities4,725,000M
P/E Ratio8.4424Beta0.69
Volatility34.09
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