US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 dayBearish88%
Daily Downside probability 88%Bearish

TPL 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $367.46 and stabilize above resistance $411.46.

Invalidation Trigger

Break above $411.46 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.0, MACD -0.971

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $11.6 (3.32%)

Daily

EMA Structure

Bearish
EMA 8$362.41Bearish
EMA 21$367.46Bearish
EMA 50$376.69Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.0 · MACD -0.971

Momentum is weak

Strength
Bearish
Volatility
ATR $11.6 · BB 8.81%

Medium volatility

Strength
Range
Volume
MFI 29.6 · OBV -11.08%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$335.1 - $411.46

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.03% · 6.3 ATR above latest close

$423.06
Nearest resistance

+17.71% · 5.3 ATR above · 34-bar high

$411.46
Current price

Price shown is delayed

$349.56
Nearest support

-4.14% · 1.2 ATR below · 34-bar low

$335.1
Deeper support zone

-7.45% · 2.2 ATR below latest close

$323.5
ATR zone

Latest close ± ATR14

$337.96 - $361.16

Indicators

Trend

Dow Theory Structure

Confirmation $378.41, invalidation $363.01

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

30.5 / 27.5 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$314.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$367.86 / $386.2Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Medium volatility

$11.6 (3.32%)Range
Bollinger Bands (20,2)

Width 8.81%

-9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$391.09 / $343.19Range
ATR channel lower / upper

Current Volatility Envelope

$337.96 / $361.16Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$411.46Range
Support

Nearest Downside Decision Level

$335.1Range

Momentum

RSI (14)

Momentum is weak

39.0Bearish
MACD (12,26,9)

Histogram is negative

-0.971Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.5 / 16.1Bearish
Williams %R (14)

Oversold zone

-93.5Bullish
CCI (20)

Weak expansion

-241.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.6Bearish
OBV slope

20-period OBV slope

-11.08%Bearish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Trend

Dow Theory Structure

Confirmation $378.41, invalidation $363.01

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

30.5 / 27.5 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$314.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$367.86 / $386.2Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

39.0Bearish
MACD (12,26,9)

Histogram is negative

-0.971Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.5 / 16.1Bearish
Williams %R (14)

Oversold zone

-93.5Bullish
CCI (20)

Weak expansion

-241.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$11.6 (3.32%)Range
Bollinger Bands (20,2)

Width 8.81%

-9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$391.09 / $343.19Range
ATR channel lower / upper

Current Volatility Envelope

$337.96 / $361.16Range

Volume / Money Flow

MFI (14)

Money flow is weak

29.6Bearish
OBV slope

20-period OBV slope

-11.08%Bearish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$411.46Range
Support

Nearest Downside Decision Level

$335.1Range

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