US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 hourBearish78%
1h Downside probability 78%Bearish

TPL 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $353.52 and stabilize above resistance $375.83.

Invalidation Trigger

Break above $375.83 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 38.7, MACD 0.398

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.86 (0.82%)

1h

EMA Structure

Bearish
EMA 8$349.52Bullish
EMA 21$353.52Bearish
EMA 50$360.19Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.7 · MACD 0.398

Momentum is weak

Strength
Range
Volatility
ATR $2.86 · BB 6.15%

Low volatility

Strength
Bullish
Volume
MFI 14.4 · OBV 15.61%

Relative to 20-period average volume

Strength
Range
Price Levels
$346.55 - $375.83

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.22% · 10.1 ATR above latest close

$378.69
Nearest resistance

+7.41% · 9.1 ATR above · 34-bar high

$375.83
Current price

Price shown is delayed

$349.91
Nearest support

-0.96% · 1.2 ATR below · 34-bar low

$346.55
Deeper support zone

-1.78% · 2.2 ATR below latest close

$343.68
ATR zone

Latest close ± ATR14

$347.05 - $352.77

Indicators

Trend

Dow Theory Structure

Confirmation $346.55, invalidation $353.96

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

Trend strength is active

50.4 / 21.2 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$340.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$355.5 / $364.29Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

Low volatility

$2.86 (0.82%)Bullish
Bollinger Bands (20,2)

Width 6.15%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$358.61 / $347.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$347.05 / $352.77Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$375.83Range
Support

Nearest Downside Decision Level

$346.55Range

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is positive

0.398Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.4 / 28.2Bullish
Williams %R (14)

Neutral zone

-66.6Range
CCI (20)

Balanced zone

-47.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

14.4Bearish
OBV slope

20-period OBV slope

15.61%Bullish
Volume ratio

Relative to 20-period average volume

0.92xRange

Trend

Dow Theory Structure

Confirmation $346.55, invalidation $353.96

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

Trend strength is active

50.4 / 21.2 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$340.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$355.5 / $364.29Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is positive

0.398Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.4 / 28.2Bullish
Williams %R (14)

Neutral zone

-66.6Range
CCI (20)

Balanced zone

-47.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$2.86 (0.82%)Bullish
Bollinger Bands (20,2)

Width 6.15%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$358.61 / $347.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$347.05 / $352.77Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

14.4Bearish
OBV slope

20-period OBV slope

15.61%Bullish
Volume ratio

Relative to 20-period average volume

0.92xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$375.83Range
Support

Nearest Downside Decision Level

$346.55Range

Related Forecasts