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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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
34.38 34.95 34.00 34.38 +0.55
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 Apr 16th, 2024 at 33.1500

short term up The short-term trend has been UP since Apr 22nd, 2024 at 34.0257

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
34.38 34.95 34.00 34.38 +0.55
Prev. Close Volume Bid Ask Time
34.47 75444 2024-04-22 15:59:52
Year High21.15Year High Date2018-09-26
Year Low15.05Year Low Date2018-01-02
52wk High35.7452wk High Date2024-04-03
52wk Low27.0252wk Low Date2023-05-04
Year End Close20.328Average Volume60,607
Shares Outstanding39,583Short Interest24,754
% Institutional14.7Market Cap633M
Assets191,065,000MLiabilities5,508,000M
P/E Ratio11.8702Beta0.69
Volatility34.09
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