US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 hourBullish82%
1h Upside probability 82%Bullish

TPL 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $406.46 and reclaim $426.21.

Invalidation Trigger

Lose $406.46 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 51.8, MACD -0.968

1h
Volatility EnvironmentBullish
Low volatility

ATR is $4.42 (1.06%)

1h

EMA Structure

Range
EMA 8$413.82Bullish
EMA 21$414.48Bullish
EMA 50$411.86Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.8 · MACD -0.968

Neutral zone

Strength
Bullish
Volatility
ATR $4.42 · BB 4.24%

Low volatility

Strength
Bullish
Volume
MFI 67.2 · OBV 2.08%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$406.46 - $426.21

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.59% · 3.4 ATR above latest close

$430.63
Nearest resistance

+2.53% · 2.4 ATR above · 34-bar high

$426.21
Current price

Price shown is delayed

$415.7
Nearest support

-2.22% · 2.1 ATR below · 34-bar low

$406.46
Deeper support zone

-3.29% · 3.1 ATR below latest close

$402.04
ATR zone

Latest close ± ATR14

$411.28 - $420.12

Indicators

Trend

Dow Theory Structure

Confirmation $426.21, invalidation $413.54

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

Trend strength is moderate

20.2 / 32.5 / 26.6Bullish
Supertrend (10,3)

Price is above Supertrend

$399.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$416.33 / $408.59Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Volatility

ATR (14)

Low volatility

$4.42 (1.06%)Bullish
Bollinger Bands (20,2)

Width 4.24%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$424.93 / $404.13Bullish
ATR channel lower / upper

Current Volatility Envelope

$411.28 / $420.12Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$426.21Range
Support

Nearest Downside Decision Level

$406.46Range

Momentum

RSI (14)

Neutral zone

51.8Range
MACD (12,26,9)

Histogram is negative

-0.968Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.8 / 16.7Bullish
Williams %R (14)

Neutral zone

-53.2Range
CCI (20)

Balanced zone

8.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.2Bullish
OBV slope

20-period OBV slope

2.08%Bullish
Volume ratio

Relative to 20-period average volume

4.15xBullish

Trend

Dow Theory Structure

Confirmation $426.21, invalidation $413.54

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

Trend strength is moderate

20.2 / 32.5 / 26.6Bullish
Supertrend (10,3)

Price is above Supertrend

$399.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$416.33 / $408.59Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Momentum

RSI (14)

Neutral zone

51.8Range
MACD (12,26,9)

Histogram is negative

-0.968Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.8 / 16.7Bullish
Williams %R (14)

Neutral zone

-53.2Range
CCI (20)

Balanced zone

8.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$4.42 (1.06%)Bullish
Bollinger Bands (20,2)

Width 4.24%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$424.93 / $404.13Bullish
ATR channel lower / upper

Current Volatility Envelope

$411.28 / $420.12Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.2Bullish
OBV slope

20-period OBV slope

2.08%Bullish
Volume ratio

Relative to 20-period average volume

4.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$426.21Range
Support

Nearest Downside Decision Level

$406.46Range

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