US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

12 hoursBullish80%
12h Upside probability 80%Bullish

TPL 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $348.46 and reclaim $444.

Invalidation Trigger

Lose $348.46 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 57.9, MACD 0.492

12h
Volatility EnvironmentRange
Medium volatility

ATR is $12.15 (2.92%)

12h

EMA Structure

Bullish
EMA 8$412.46Bullish
EMA 21$405.4Bullish
EMA 50$399.71Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.9 · MACD 0.492

Momentum is strong

Strength
Bullish
Volatility
ATR $12.15 · BB 10.05%

Medium volatility

Strength
Range
Volume
MFI 34.7 · OBV -40.39%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$348.46 - $444

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.73% · 3.3 ATR above latest close

$456.15
Nearest resistance

+6.81% · 2.3 ATR above · 34-bar high

$444
Current price

Price shown is delayed

$415.7
Nearest support

-16.18% · 5.5 ATR below · 34-bar low

$348.46
Deeper support zone

-19.1% · 6.5 ATR below latest close

$336.31
ATR zone

Latest close ± ATR14

$403.55 - $427.85

Indicators

Trend

Dow Theory Structure

Confirmation $404, invalidation $401.99

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

Trend strength is active

22.9 / 18.8 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$379.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$401.05 / $396.23Bullish
Donchian Channel (20)

20-period breakout channel position

52%Bullish

Volatility

ATR (14)

Medium volatility

$12.15 (2.92%)Range
Bollinger Bands (20,2)

Width 10.05%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$430.19 / $381.56Range
ATR channel lower / upper

Current Volatility Envelope

$403.55 / $427.85Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$444Range
Support

Nearest Downside Decision Level

$348.46Range

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is positive

0.492Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.2 / 70.8Bullish
Williams %R (14)

Neutral zone

-25.8Range
CCI (20)

Balanced zone

57.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.7Bearish
OBV slope

20-period OBV slope

-40.39%Bearish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Trend

Dow Theory Structure

Confirmation $404, invalidation $401.99

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

Trend strength is active

22.9 / 18.8 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$379.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$401.05 / $396.23Bullish
Donchian Channel (20)

20-period breakout channel position

52%Bullish

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is positive

0.492Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.2 / 70.8Bullish
Williams %R (14)

Neutral zone

-25.8Range
CCI (20)

Balanced zone

57.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$12.15 (2.92%)Range
Bollinger Bands (20,2)

Width 10.05%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$430.19 / $381.56Range
ATR channel lower / upper

Current Volatility Envelope

$403.55 / $427.85Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.7Bearish
OBV slope

20-period OBV slope

-40.39%Bearish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$444Range
Support

Nearest Downside Decision Level

$348.46Range

Related Forecasts