DMLP Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of Dorchester Minerals LP ( DMLP) crossed above their 200 day moving average of $24.52, changing hands as high as $24.78 per share. Dorchester Minerals LP shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of DMLP shares, versus its 200 day moving average:

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Dorchester Minerals LP 200 Day Moving Average Chart

Looking at the chart above, DMLP's low point in its 52 week range is $22.59 per share, with $26.28 as the 52 week high point — that compares with a last trade of $24.71.

According to the ETF Finder at ETF Channel, DMLP makes up 2.61% of the Junior MLP ETF ( MLPJ) which is trading higher by about 0.4% on the day Thursday.

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