US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 hourBearish72%
1h Downside probability 72%Bearish

TPL 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $370.18 and stabilize above resistance $382.62.

Invalidation Trigger

Break above $382.62 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 47.9, MACD 0.210

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.13 (0.58%)

1h

EMA Structure

Bearish
EMA 8$369.1Bullish
EMA 21$370.18Bearish
EMA 50$371.44Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.9 · MACD 0.210

Neutral zone

Strength
Range
Volatility
ATR $2.13 · BB 3.39%

Low volatility

Strength
Bullish
Volume
MFI 45.1 · OBV 1.25%

Relative to 20-period average volume

Strength
Range
Price Levels
$364.93 - $382.62

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.07% · 7.0 ATR above latest close

$384.75
Nearest resistance

+3.49% · 6.0 ATR above · 34-bar high

$382.62
Current price

Price shown is delayed

$369.71
Nearest support

-1.29% · 2.2 ATR below · 34-bar low

$364.93
Deeper support zone

-1.87% · 3.2 ATR below latest close

$362.8
ATR zone

Latest close ± ATR14

$367.58 - $371.84

Indicators

Trend

Dow Theory Structure

Confirmation $364.93, invalidation $370

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

Trend strength is moderate

15.3 / 17.3 / 36.1Bearish
Supertrend (10,3)

Price is above Supertrend

$363.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$371.05 / $375.85Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Low volatility

$2.13 (0.58%)Bullish
Bollinger Bands (20,2)

Width 3.39%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$374.06 / $366.11Bullish
ATR channel lower / upper

Current Volatility Envelope

$367.58 / $371.84Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$382.62Range
Support

Nearest Downside Decision Level

$364.93Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is positive

0.210Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.0 / 46.5Bullish
Williams %R (14)

Neutral zone

-48.0Range
CCI (20)

Balanced zone

-14.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.1Range
OBV slope

20-period OBV slope

1.25%Bullish
Volume ratio

Relative to 20-period average volume

4.87xBullish

Trend

Dow Theory Structure

Confirmation $364.93, invalidation $370

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

Trend strength is moderate

15.3 / 17.3 / 36.1Bearish
Supertrend (10,3)

Price is above Supertrend

$363.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$371.05 / $375.85Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is positive

0.210Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.0 / 46.5Bullish
Williams %R (14)

Neutral zone

-48.0Range
CCI (20)

Balanced zone

-14.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$2.13 (0.58%)Bullish
Bollinger Bands (20,2)

Width 3.39%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$374.06 / $366.11Bullish
ATR channel lower / upper

Current Volatility Envelope

$367.58 / $371.84Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.1Range
OBV slope

20-period OBV slope

1.25%Bullish
Volume ratio

Relative to 20-period average volume

4.87xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$382.62Range
Support

Nearest Downside Decision Level

$364.93Range

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