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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Dorchester Minerals, L.P. - Common Units Representing Limited Partnership Interests (NASDAQ:DMLP)
Countertrend Down (-85) - DMLP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for DMLP
The long-term trend has been DOWN since Jun 14th, 2024 at 29.59
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 30.75
The short-term trend has been UP since Jul 25th, 2024 at 32.15
Smart Scan Analysis for DMLP
Based on our trend formula, DMLP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.63 | 31.75 | 30.80 | 30.83 | -0.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.67 | 130552 | 2024-07-26 15:59:48 |
| 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 | 27.16 | 52wk Low Date | 2023-11-07 |
| Year End Close | 20.328 | Average Volume | 48,883 |
| Shares Outstanding | 40,089 | Short Interest | 24,754 |
| % Institutional | 14.7 | Market Cap | 633M |
| Assets | 184,812,000M | Liabilities | 5,459,000M |
| P/E Ratio | 12.2752 | Beta | 0.69 |
| Volatility | 34.09 |