US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

12 hoursBullish62%
12h Upside probability 62%Bullish

TPL 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $348.65 and reclaim $413.44.

Invalidation Trigger

Lose $348.65 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 54.7, MACD 3.648

12h
Volatility EnvironmentRange
Medium volatility

ATR is $14.32 (3.64%)

12h

EMA Structure

Bearish
EMA 8$377.09Bullish
EMA 21$380.28Bullish
EMA 50$396.61Bearish

Signals

CategoryReadStrength
Momentum
RSI 54.7 · MACD 3.648

Neutral zone

Strength
Bullish
Volatility
ATR $14.32 · BB 16.93%

Medium volatility

Strength
Range
Volume
MFI 46.5 · OBV 1.12%

Relative to 20-period average volume

Strength
Range
Price Levels
$348.65 - $413.44

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.57% · 2.4 ATR above latest close

$427.77
Nearest resistance

+4.93% · 1.4 ATR above · 34-bar high

$413.44
Current price

Price shown is delayed

$394.01
Nearest support

-11.51% · 3.2 ATR below · 34-bar low

$348.65
Deeper support zone

-15.15% · 4.2 ATR below latest close

$334.32
ATR zone

Latest close ± ATR14

$379.69 - $408.34

Indicators

Trend

Dow Theory Structure

Confirmation $413.44, invalidation $348.65

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

Trend strength is moderate

19.5 / 30.5 / 26.4Bullish
Supertrend (10,3)

Price is above Supertrend

$356.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$378.41 / $400.82Bearish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Volatility

ATR (14)

Medium volatility

$14.32 (3.64%)Range
Bollinger Bands (20,2)

Width 16.93%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$407.31 / $352.11Range
ATR channel lower / upper

Current Volatility Envelope

$379.69 / $408.34Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.44Range
Support

Nearest Downside Decision Level

$348.65Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is positive

3.648Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.9 / 63.1Bullish
Williams %R (14)

Overbought zone

-19.1Bearish
CCI (20)

Balanced zone

86.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.5Range
OBV slope

20-period OBV slope

1.12%Bullish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $413.44, invalidation $348.65

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

Trend strength is moderate

19.5 / 30.5 / 26.4Bullish
Supertrend (10,3)

Price is above Supertrend

$356.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$378.41 / $400.82Bearish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is positive

3.648Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.9 / 63.1Bullish
Williams %R (14)

Overbought zone

-19.1Bearish
CCI (20)

Balanced zone

86.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$14.32 (3.64%)Range
Bollinger Bands (20,2)

Width 16.93%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$407.31 / $352.11Range
ATR channel lower / upper

Current Volatility Envelope

$379.69 / $408.34Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.5Range
OBV slope

20-period OBV slope

1.12%Bullish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.44Range
Support

Nearest Downside Decision Level

$348.65Range

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