US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

TPL 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $343.41 and stabilize above resistance $370.

Invalidation Trigger

Break above $370 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 36.8, MACD -2.258

12h
Volatility EnvironmentRange
Medium volatility

ATR is $8 (2.43%)

12h

EMA Structure

Bearish
EMA 8$336.51Bearish
EMA 21$343.41Bearish
EMA 50$349.38Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.8 · MACD -2.258

Momentum is weak

Strength
Bearish
Volatility
ATR $8 · BB 14.15%

Medium volatility

Strength
Range
Volume
MFI 32.2 · OBV -153.29%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$324.8 - $370

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.64% · 6.0 ATR above latest close

$378
Nearest resistance

+12.22% · 5.0 ATR above · 34-bar high

$370
Current price

Price shown is delayed

$329.72
Nearest support

-1.49% · 0.6 ATR below · 34-bar low

$324.8
Deeper support zone

-3.92% · 1.6 ATR below latest close

$316.8
ATR zone

Latest close ± ATR14

$321.72 - $337.72

Indicators

Trend

Dow Theory Structure

Confirmation $328.54, invalidation $350.26

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

Trend strength is active

51.5 / 5.5 / 41.4Bearish
Supertrend (10,3)

Price is above Supertrend

$305.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$343.72 / $350.32Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Medium volatility

$8 (2.43%)Range
Bollinger Bands (20,2)

Width 14.15%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$360.63 / $325.57Range
ATR channel lower / upper

Current Volatility Envelope

$321.72 / $337.72Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$370Range
Support

Nearest Downside Decision Level

$324.8Range

Momentum

RSI (14)

Momentum is weak

36.8Bearish
MACD (12,26,9)

Histogram is negative

-2.258Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.2 / 9.7Bearish
Williams %R (14)

Oversold zone

-91.8Bullish
CCI (20)

Weak expansion

-131.6Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.2Bearish
OBV slope

20-period OBV slope

-153.29%Bearish
Volume ratio

Relative to 20-period average volume

1.57xBullish

Trend

Dow Theory Structure

Confirmation $328.54, invalidation $350.26

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

Trend strength is active

51.5 / 5.5 / 41.4Bearish
Supertrend (10,3)

Price is above Supertrend

$305.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$343.72 / $350.32Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

36.8Bearish
MACD (12,26,9)

Histogram is negative

-2.258Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.2 / 9.7Bearish
Williams %R (14)

Oversold zone

-91.8Bullish
CCI (20)

Weak expansion

-131.6Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$8 (2.43%)Range
Bollinger Bands (20,2)

Width 14.15%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$360.63 / $325.57Range
ATR channel lower / upper

Current Volatility Envelope

$321.72 / $337.72Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.2Bearish
OBV slope

20-period OBV slope

-153.29%Bearish
Volume ratio

Relative to 20-period average volume

1.57xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$370Range
Support

Nearest Downside Decision Level

$324.8Range

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