US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 dayBearish81%
Daily Downside probability 81%Bearish

TPL 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $344.54 and stabilize above resistance $378.41.

Invalidation Trigger

Break above $378.41 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.7, MACD -1.703

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $9.89 (2.99%)

Daily

EMA Structure

Bearish
EMA 8$337.98Bearish
EMA 21$344.54Bearish
EMA 50$354.52Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.7 · MACD -1.703

Momentum is weak

Strength
Bearish
Volatility
ATR $9.89 · BB 12.65%

Medium volatility

Strength
Range
Volume
MFI 52.8 · OBV 5.66%

Relative to 20-period average volume

Strength
Range
Price Levels
$324.8 - $378.41

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+17.51% · 5.8 ATR above latest close

$388.3
Nearest resistance

+14.52% · 4.8 ATR above · 34-bar high

$378.41
Current price

Price shown is delayed

$330.43
Nearest support

-1.7% · 0.6 ATR below · 34-bar low

$324.8
Deeper support zone

-4.7% · 1.6 ATR below latest close

$314.91
ATR zone

Latest close ± ATR14

$320.54 - $340.32

Indicators

Trend

Dow Theory Structure

Confirmation $325.81, invalidation $350.27

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

Trend strength is active

24.1 / 8.0 / 44.1Bearish
Supertrend (10,3)

Price is above Supertrend

$301.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$343.12 / $360.79Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Volatility

ATR (14)

Medium volatility

$9.89 (2.99%)Range
Bollinger Bands (20,2)

Width 12.65%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$364.21 / $324.16Range
ATR channel lower / upper

Current Volatility Envelope

$320.54 / $340.32Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$378.41Range
Support

Nearest Downside Decision Level

$324.8Range

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is negative

-1.703Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 17.1Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-112.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.8Range
OBV slope

20-period OBV slope

5.66%Bullish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Trend

Dow Theory Structure

Confirmation $325.81, invalidation $350.27

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

Trend strength is active

24.1 / 8.0 / 44.1Bearish
Supertrend (10,3)

Price is above Supertrend

$301.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$343.12 / $360.79Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is negative

-1.703Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 17.1Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-112.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Medium volatility

$9.89 (2.99%)Range
Bollinger Bands (20,2)

Width 12.65%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$364.21 / $324.16Range
ATR channel lower / upper

Current Volatility Envelope

$320.54 / $340.32Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.8Range
OBV slope

20-period OBV slope

5.66%Bullish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$378.41Range
Support

Nearest Downside Decision Level

$324.8Range

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