US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

TPL 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $360.76 and stabilize above resistance $400.

Invalidation Trigger

Break above $400 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 29.5, MACD -0.838

1h
Volatility EnvironmentRange
Low volatility

ATR is $6.45 (1.89%)

1h

EMA Structure

Bearish
EMA 8$352.11Bearish
EMA 21$360.76Bearish
EMA 50$373.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 29.5 · MACD -0.838

Momentum is weak

Strength
Bearish
Volatility
ATR $6.45 · BB 9.45%

Low volatility

Strength
Range
Volume
MFI 25.7 · OBV -3.57%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$340.65 - $400

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.82% · 10.0 ATR above latest close

$406.45
Nearest resistance

+16.94% · 9.0 ATR above · 34-bar high

$400
Current price

Price shown is delayed

$342.06
Nearest support

-0.41% · 0.2 ATR below · 34-bar low

$340.65
Deeper support zone

-2.3% · 1.2 ATR below latest close

$334.2
ATR zone

Latest close ± ATR14

$335.61 - $348.51

Indicators

Trend

Dow Theory Structure

Confirmation $349.97, invalidation $357.39

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

Trend strength is moderate

10.7 / 25.4 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$326.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$362.71 / $374.83Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

Low volatility

$6.45 (1.89%)Range
Bollinger Bands (20,2)

Width 9.45%

0%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$370.74 / $349.61Range
ATR channel lower / upper

Current Volatility Envelope

$335.61 / $348.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$400Range
Support

Nearest Downside Decision Level

$340.65Range

Momentum

RSI (14)

Momentum is weak

29.5Bearish
MACD (12,26,9)

Histogram is negative

-0.838Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 4.6Bearish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Weak expansion

-165.9Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.7Bearish
OBV slope

20-period OBV slope

-3.57%Bearish
Volume ratio

Relative to 20-period average volume

3.05xBullish

Trend

Dow Theory Structure

Confirmation $349.97, invalidation $357.39

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

Trend strength is moderate

10.7 / 25.4 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$326.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$362.71 / $374.83Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

29.5Bearish
MACD (12,26,9)

Histogram is negative

-0.838Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 4.6Bearish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Weak expansion

-165.9Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$6.45 (1.89%)Range
Bollinger Bands (20,2)

Width 9.45%

0%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$370.74 / $349.61Range
ATR channel lower / upper

Current Volatility Envelope

$335.61 / $348.51Range

Volume / Money Flow

MFI (14)

Money flow is weak

25.7Bearish
OBV slope

20-period OBV slope

-3.57%Bearish
Volume ratio

Relative to 20-period average volume

3.05xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400Range
Support

Nearest Downside Decision Level

$340.65Range

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