US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 hourBullish87%
1h Upside probability 87%Bullish

TPL 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $348.65 and reclaim $402.9.

Invalidation Trigger

Lose $348.65 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 61.0, MACD 0.165

1h
Volatility EnvironmentBullish
Low volatility

ATR is $4.8 (1.22%)

1h

EMA Structure

Bullish
EMA 8$394.9Bearish
EMA 21$387.08Bullish
EMA 50$378.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.0 · MACD 0.165

Momentum is strong

Strength
Bullish
Volatility
ATR $4.8 · BB 10.36%

Low volatility

Strength
Bullish
Volume
MFI 57.2 · OBV -4.36%

Relative to 20-period average volume

Strength
Range
Price Levels
$348.65 - $402.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.47% · 2.8 ATR above latest close

$407.7
Nearest resistance

+2.26% · 1.8 ATR above · 34-bar high

$402.9
Current price

Price shown is delayed

$394.01
Nearest support

-11.51% · 9.4 ATR below · 34-bar low

$348.65
Deeper support zone

-12.73% · 10.4 ATR below latest close

$343.84
ATR zone

Latest close ± ATR14

$389.21 - $398.81

Indicators

Trend

Dow Theory Structure

Confirmation $399.22, invalidation $388.09

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

Trend strength is active

52.8 / 56.2 / 23.2Bullish
Supertrend (10,3)

Price is above Supertrend

$380.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$389.49 / $375.77Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Volatility

ATR (14)

Low volatility

$4.8 (1.22%)Bullish
Bollinger Bands (20,2)

Width 10.36%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$396.27 / $379.01Bullish
ATR channel lower / upper

Current Volatility Envelope

$389.21 / $398.81Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$402.9Range
Support

Nearest Downside Decision Level

$348.65Range

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is positive

0.165Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.3 / 76.8Bearish
Williams %R (14)

Neutral zone

-36.7Range
CCI (20)

Balanced zone

55.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.2Bullish
OBV slope

20-period OBV slope

-4.36%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Trend

Dow Theory Structure

Confirmation $399.22, invalidation $388.09

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

Trend strength is active

52.8 / 56.2 / 23.2Bullish
Supertrend (10,3)

Price is above Supertrend

$380.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$389.49 / $375.77Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is positive

0.165Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.3 / 76.8Bearish
Williams %R (14)

Neutral zone

-36.7Range
CCI (20)

Balanced zone

55.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$4.8 (1.22%)Bullish
Bollinger Bands (20,2)

Width 10.36%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$396.27 / $379.01Bullish
ATR channel lower / upper

Current Volatility Envelope

$389.21 / $398.81Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.2Bullish
OBV slope

20-period OBV slope

-4.36%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$402.9Range
Support

Nearest Downside Decision Level

$348.65Range

Related Forecasts