Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Dorchester Minerals, L.P. - Common Units Representing Limited Partnership Interests (NASDAQ:DMLP)
Bull Market Weakness (+75) - DMLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DMLP
The long-term trend has been UP since Dec 4th, 2020 at 11.75
The intermediate-term trend has been UP since Sep 3rd, 2021 at 16.89
The short-term trend has been DOWN since Oct 28th, 2021 at 20.15
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.41 | 20.49 | 20.00 | 20.16 | -0.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.33 | 52860 | 2021-10-28 13:16:13 |
| Year High | 21.15 | Year High Date | 2018-09-26 |
| Year Low | 15.05 | Year Low Date | 2018-01-02 |
| 52wk High | 20.89 | 52wk High Date | 2021-10-11 |
| 52wk Low | 9.91 | 52wk Low Date | 2020-11-02 |
| Year End Close | 20.328 | Average Volume | 78,642 |
| Shares Outstanding | 35,405 | Short Interest | 24,754 |
| % Institutional | 14.7 | Market Cap | 633M |
| Assets | 109,414,000M | Liabilities | 3,902,000M |
| P/E Ratio | 17.9912 | Beta | 0.69 |
| Volatility | 34.09 |