On Monday, Dorchester Minerals LP (DMLP) shares recorded an oversold Relative Strength Index (RSI) reading of 28.9, following trades as low as $25.22 per share. The S&P 500 ETF (SPY) currently has an RSI of 62.5. The stock’s performance signal may indicate that heavy selling is nearing exhaustion, prompting bullish investors to identify potential buying opportunities.
DMLP’s 52-week trading range shows a low of $25.22 and a high of $34.88, with the last trade at $25.23.
