US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

TPL 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $333.67 and stabilize above resistance $345.45.

Invalidation Trigger

Break above $345.45 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 40.8, MACD -0.382

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.53 (0.77%)

1h

EMA Structure

Bearish
EMA 8$330.97Bearish
EMA 21$333.67Bearish
EMA 50$337.68Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.8 · MACD -0.382

Momentum is weak

Strength
Bearish
Volatility
ATR $2.53 · BB 4.16%

Low volatility

Strength
Bullish
Volume
MFI 42.9 · OBV -11.24%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$327.3 - $345.45

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.54% · 7.2 ATR above latest close

$347.97
Nearest resistance

+4.77% · 6.2 ATR above · 34-bar high

$345.45
Current price

Price shown is delayed

$329.72
Nearest support

-0.73% · 1.0 ATR below · 34-bar low

$327.3
Deeper support zone

-1.5% · 2.0 ATR below latest close

$324.77
ATR zone

Latest close ± ATR14

$327.19 - $332.25

Indicators

Trend

Dow Theory Structure

Confirmation $329.3, invalidation $335.91

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

Trend strength is active

30.2 / 12.0 / 33.7Bearish
Supertrend (10,3)

Price is above Supertrend

$321.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.99 / $338.78Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Low volatility

$2.53 (0.77%)Bullish
Bollinger Bands (20,2)

Width 4.16%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$338.95 / $328.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$327.19 / $332.25Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.45Range
Support

Nearest Downside Decision Level

$327.3Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-0.382Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.9 / 15.8Bullish
Williams %R (14)

Neutral zone

-79.1Range
CCI (20)

Weak expansion

-100.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

-11.24%Bearish
Volume ratio

Relative to 20-period average volume

3.36xBullish

Trend

Dow Theory Structure

Confirmation $329.3, invalidation $335.91

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

Trend strength is active

30.2 / 12.0 / 33.7Bearish
Supertrend (10,3)

Price is above Supertrend

$321.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.99 / $338.78Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-0.382Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.9 / 15.8Bullish
Williams %R (14)

Neutral zone

-79.1Range
CCI (20)

Weak expansion

-100.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$2.53 (0.77%)Bullish
Bollinger Bands (20,2)

Width 4.16%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$338.95 / $328.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$327.19 / $332.25Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

-11.24%Bearish
Volume ratio

Relative to 20-period average volume

3.36xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.45Range
Support

Nearest Downside Decision Level

$327.3Range

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