US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 hourRange48%
1h Range probability 96%Range

TPL 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $334.95 - $358.81 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 49.3, MACD -1.437

1h
Volatility EnvironmentBullish
Low volatility

ATR is $3.39 (0.98%)

1h

EMA Structure

Range
EMA 8$346.16Bearish
EMA 21$346.81Bearish
EMA 50$343.76Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.3 · MACD -1.437

Neutral zone

Strength
Bearish
Volatility
ATR $3.39 · BB 5.90%

Low volatility

Strength
Bullish
Volume
MFI 58.3 · OBV 2.05%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$334.95 - $358.81

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.74% · 4.8 ATR above latest close

$362.2
Nearest resistance

+3.77% · 3.8 ATR above · 34-bar high

$358.81
Current price

Price shown is delayed

$345.79
Nearest support

-3.13% · 3.2 ATR below · 34-bar low

$334.95
Deeper support zone

-4.11% · 4.2 ATR below latest close

$331.56
ATR zone

Latest close ± ATR14

$342.4 - $349.18

Indicators

Trend

Dow Theory Structure

Confirmation $342.04, invalidation $346.26

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

Trend strength is moderate

18.0 / 29.1 / 36.7Bearish
Supertrend (10,3)

Price is above Supertrend

$335.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$349.85 / $341.99Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Volatility

ATR (14)

Low volatility

$3.39 (0.98%)Bullish
Bollinger Bands (20,2)

Width 5.90%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$353.8 / $340Bullish
ATR channel lower / upper

Current Volatility Envelope

$342.4 / $349.18Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$358.81Range
Support

Nearest Downside Decision Level

$334.95Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-1.437Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.4 / 11.6Bullish
Williams %R (14)

Neutral zone

-77.6Range
CCI (20)

Balanced zone

-41.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.3Bullish
OBV slope

20-period OBV slope

2.05%Bullish
Volume ratio

Relative to 20-period average volume

2.71xBullish

Trend

Dow Theory Structure

Confirmation $342.04, invalidation $346.26

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

Trend strength is moderate

18.0 / 29.1 / 36.7Bearish
Supertrend (10,3)

Price is above Supertrend

$335.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$349.85 / $341.99Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-1.437Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.4 / 11.6Bullish
Williams %R (14)

Neutral zone

-77.6Range
CCI (20)

Balanced zone

-41.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$3.39 (0.98%)Bullish
Bollinger Bands (20,2)

Width 5.90%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$353.8 / $340Bullish
ATR channel lower / upper

Current Volatility Envelope

$342.4 / $349.18Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.3Bullish
OBV slope

20-period OBV slope

2.05%Bullish
Volume ratio

Relative to 20-period average volume

2.71xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$358.81Range
Support

Nearest Downside Decision Level

$334.95Range

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