US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 dayBearish55%
Daily Downside probability 55%Bearish

TPL 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $373.54 and stabilize above resistance $437.3.

Invalidation Trigger

Break above $437.3 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 46.7, MACD 2.105

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $15.14 (4.1%)

Daily

EMA Structure

Bearish
EMA 8$370.43Bearish
EMA 21$373.54Bearish
EMA 50$384.13Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.7 · MACD 2.105

Neutral zone

Strength
Bullish
Volatility
ATR $15.14 · BB 16.35%

Medium volatility

Strength
Range
Volume
MFI 67.4 · OBV -6.30%

Relative to 20-period average volume

Strength
Range
Price Levels
$335.1 - $437.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+22.38% · 5.5 ATR above latest close

$452.44
Nearest resistance

+18.28% · 4.5 ATR above · 34-bar high

$437.3
Current price

Price shown is delayed

$369.71
Nearest support

-9.36% · 2.3 ATR below · 34-bar low

$335.1
Deeper support zone

-13.46% · 3.3 ATR below latest close

$319.96
ATR zone

Latest close ± ATR14

$354.57 - $384.85

Indicators

Trend

Dow Theory Structure

Confirmation $335.1, invalidation $383.04

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

Trend strength is active

27.8 / 34.3 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$327.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$379.75 / $389.55Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

Medium volatility

$15.14 (4.1%)Range
Bollinger Bands (20,2)

Width 16.35%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$399.85 / $346.4Range
ATR channel lower / upper

Current Volatility Envelope

$354.57 / $384.85Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$437.3Range
Support

Nearest Downside Decision Level

$335.1Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is positive

2.105Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.1 / 55.9Bullish
Williams %R (14)

Neutral zone

-43.9Range
CCI (20)

Balanced zone

2.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.4Bullish
OBV slope

20-period OBV slope

-6.30%Bearish
Volume ratio

Relative to 20-period average volume

0.82xBearish

Trend

Dow Theory Structure

Confirmation $335.1, invalidation $383.04

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

Trend strength is active

27.8 / 34.3 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$327.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$379.75 / $389.55Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is positive

2.105Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.1 / 55.9Bullish
Williams %R (14)

Neutral zone

-43.9Range
CCI (20)

Balanced zone

2.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$15.14 (4.1%)Range
Bollinger Bands (20,2)

Width 16.35%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$399.85 / $346.4Range
ATR channel lower / upper

Current Volatility Envelope

$354.57 / $384.85Range

Volume / Money Flow

MFI (14)

Money flow is strong

67.4Bullish
OBV slope

20-period OBV slope

-6.30%Bearish
Volume ratio

Relative to 20-period average volume

0.82xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$437.3Range
Support

Nearest Downside Decision Level

$335.1Range

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