US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 monthBearish66%
Monthly Downside probability 66%Bearish

TPL 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $370.79 and stabilize above resistance $589.71.

Invalidation Trigger

Break above $589.71 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 49.3, MACD -7.811

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $77.72 (22.21%)

Monthly

EMA Structure

Bullish
EMA 8$388.75Bearish
EMA 21$370.79Bearish
EMA 50$304.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.3 · MACD -7.811

Neutral zone

Strength
Bearish
Volatility
ATR $77.72 · BB 70.20%

High volatility

Strength
Bearish
Volume
MFI 51.8 · OBV -71.70%

Relative to 20-period average volume

Strength
Range
Price Levels
$155.87 - $589.71

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+90.74% · 4.1 ATR above latest close

$667.43
Nearest resistance

+68.53% · 3.1 ATR above · 34-bar high

$589.71
Current price

Price shown is delayed

$349.91
Nearest support

-55.45% · 2.5 ATR below · 34-bar low

$155.87
Deeper support zone

-77.67% · 3.5 ATR below latest close

$78.15
ATR zone

Latest close ± ATR14

$272.19 - $427.64

Indicators

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

16.3 / 24.4 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$100.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$415.86 / $365.2Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Volatility

ATR (14)

High volatility

$77.72 (22.21%)Bearish
Bollinger Bands (20,2)

Width 70.20%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$552.66 / $193.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$272.19 / $427.64Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-7.811Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.0 / 37.8Bearish
Williams %R (14)

Neutral zone

-71.0Range
CCI (20)

Balanced zone

-21.8Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.8Range
OBV slope

20-period OBV slope

-71.70%Bearish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

16.3 / 24.4 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$100.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$415.86 / $365.2Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-7.811Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.0 / 37.8Bearish
Williams %R (14)

Neutral zone

-71.0Range
CCI (20)

Balanced zone

-21.8Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$77.72 (22.21%)Bearish
Bollinger Bands (20,2)

Width 70.20%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$552.66 / $193.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$272.19 / $427.64Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.8Range
OBV slope

20-period OBV slope

-71.70%Bearish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

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