US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

12 hoursBearish86%
12h Downside probability 86%Bearish

TPL 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $390.91 and stabilize above resistance $440.

Invalidation Trigger

Break above $440 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 27.2, MACD -5.570

12h
Volatility EnvironmentRange
Medium volatility

ATR is $15.1 (4.41%)

12h

EMA Structure

Bearish
EMA 8$376.13Bearish
EMA 21$390.91Bearish
EMA 50$397.12Bearish

Signals

CategoryReadStrength
Momentum
RSI 27.2 · MACD -5.570

Momentum is weak

Strength
Bearish
Volatility
ATR $15.1 · BB 20.81%

Medium volatility

Strength
Range
Volume
MFI 39.0 · OBV -51.06%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$340.65 - $440

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+33.05% · 7.5 ATR above latest close

$455.1
Nearest resistance

+28.63% · 6.5 ATR above · 34-bar high

$440
Current price

Price shown is delayed

$342.06
Nearest support

-0.41% · 0.1 ATR below · 34-bar low

$340.65
Deeper support zone

-4.83% · 1.1 ATR below latest close

$325.55
ATR zone

Latest close ± ATR14

$326.96 - $357.16

Indicators

Trend

Dow Theory Structure

Confirmation $409, invalidation $385.33

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

47.8 / 13.1 / 50.4Bearish
Supertrend (10,3)

Price is above Supertrend

$303.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$382.58 / $392.33Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Volatility

ATR (14)

Medium volatility

$15.1 (4.41%)Range
Bollinger Bands (20,2)

Width 20.81%

-16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$424.45 / $356.19Range
ATR channel lower / upper

Current Volatility Envelope

$326.96 / $357.16Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$440Range
Support

Nearest Downside Decision Level

$340.65Range

Momentum

RSI (14)

Momentum is weak

27.2Bearish
MACD (12,26,9)

Histogram is negative

-5.570Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.1 / 24.6Bearish
Williams %R (14)

Oversold zone

-97.9Bullish
CCI (20)

Weak expansion

-217.8Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.0Bearish
OBV slope

20-period OBV slope

-51.06%Bearish
Volume ratio

Relative to 20-period average volume

2.17xBullish

Trend

Dow Theory Structure

Confirmation $409, invalidation $385.33

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

47.8 / 13.1 / 50.4Bearish
Supertrend (10,3)

Price is above Supertrend

$303.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$382.58 / $392.33Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Momentum

RSI (14)

Momentum is weak

27.2Bearish
MACD (12,26,9)

Histogram is negative

-5.570Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.1 / 24.6Bearish
Williams %R (14)

Oversold zone

-97.9Bullish
CCI (20)

Weak expansion

-217.8Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$15.1 (4.41%)Range
Bollinger Bands (20,2)

Width 20.81%

-16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$424.45 / $356.19Range
ATR channel lower / upper

Current Volatility Envelope

$326.96 / $357.16Range

Volume / Money Flow

MFI (14)

Money flow is weak

39.0Bearish
OBV slope

20-period OBV slope

-51.06%Bearish
Volume ratio

Relative to 20-period average volume

2.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$440Range
Support

Nearest Downside Decision Level

$340.65Range

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