US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

TPL 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $387.68 and stabilize above resistance $444.

Invalidation Trigger

Break above $444 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 29.2, MACD -8.243

Daily
Volatility EnvironmentBearish
High volatility

ATR is $20.36 (5.98%)

Daily

EMA Structure

Bearish
EMA 8$368.9Bearish
EMA 21$387.68Bearish
EMA 50$396.8Bearish

Signals

CategoryReadStrength
Momentum
RSI 29.2 · MACD -8.243

Momentum is weak

Strength
Bearish
Volatility
ATR $20.36 · BB 26.13%

High volatility

Strength
Bearish
Volume
MFI 33.0 · OBV -10.14%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$340.58 - $444

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+36.32% · 6.1 ATR above latest close

$464.36
Nearest resistance

+30.34% · 5.1 ATR above · 34-bar high

$444
Current price

Price shown is delayed

$340.65
Nearest support

-0.02% · 0.0 ATR below · 34-bar low

$340.58
Deeper support zone

-6% · 1.0 ATR below latest close

$320.22
ATR zone

Latest close ± ATR14

$320.29 - $361.01

Indicators

Trend

Dow Theory Structure

Confirmation $377.83, invalidation $411.46

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

22.6 / 12.2 / 38.3Bearish
Supertrend (10,3)

Price is above Supertrend

$279.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$382.48 / $392.29Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

High volatility

$20.36 (5.98%)Bearish
Bollinger Bands (20,2)

Width 26.13%

-6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$434.51 / $339.54Bearish
ATR channel lower / upper

Current Volatility Envelope

$320.29 / $361.01Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$444Range
Support

Nearest Downside Decision Level

$340.58Range

Momentum

RSI (14)

Momentum is weak

29.2Bearish
MACD (12,26,9)

Histogram is negative

-8.243Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.1 / 3.9Bearish
Williams %R (14)

Oversold zone

-99.9Bullish
CCI (20)

Weak expansion

-191.5Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

-10.14%Bearish
Volume ratio

Relative to 20-period average volume

1.80xBullish

Trend

Dow Theory Structure

Confirmation $377.83, invalidation $411.46

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

22.6 / 12.2 / 38.3Bearish
Supertrend (10,3)

Price is above Supertrend

$279.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$382.48 / $392.29Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

29.2Bearish
MACD (12,26,9)

Histogram is negative

-8.243Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.1 / 3.9Bearish
Williams %R (14)

Oversold zone

-99.9Bullish
CCI (20)

Weak expansion

-191.5Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$20.36 (5.98%)Bearish
Bollinger Bands (20,2)

Width 26.13%

-6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$434.51 / $339.54Bearish
ATR channel lower / upper

Current Volatility Envelope

$320.29 / $361.01Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

-10.14%Bearish
Volume ratio

Relative to 20-period average volume

1.80xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$444Range
Support

Nearest Downside Decision Level

$340.58Range

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