US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 monthBearish61%
Monthly Downside probability 61%Bearish

TPL 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $366.53 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 49.1, MACD -11.325

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $78.72 (22.77%)

Monthly

EMA Structure

Bullish
EMA 8$375.04Bearish
EMA 21$366.53Bearish
EMA 50$305.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.1 · MACD -11.325

Neutral zone

Strength
Bearish
Volatility
ATR $78.72 · BB 69.04%

High volatility

Strength
Bearish
Volume
MFI 52.9 · OBV -71.65%

Relative to 20-period average volume

Strength
Range
Price Levels
$155.87 - $589.71

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+93.31% · 4.1 ATR above latest close

$668.43
Nearest resistance

+70.54% · 3.1 ATR above · 34-bar high

$589.71
Current price

Price shown is delayed

$345.79
Nearest support

-54.92% · 2.4 ATR below · 34-bar low

$155.87
Deeper support zone

-77.69% · 3.4 ATR below latest close

$77.15
ATR zone

Latest close ± ATR14

$267.07 - $424.51

Indicators

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

15.4 / 24.1 / 16.8Bullish
Supertrend (10,3)

Price is above Supertrend

$68.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$429.3 / $365.2Bearish
Donchian Channel (20)

20-period breakout channel position

28%Range

Volatility

ATR (14)

High volatility

$78.72 (22.77%)Bearish
Bollinger Bands (20,2)

Width 69.04%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$550.62 / $185.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$267.07 / $424.51Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

Momentum

RSI (14)

Neutral zone

49.1Range
MACD (12,26,9)

Histogram is negative

-11.325Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.5 / 28.1Bearish
Williams %R (14)

Neutral zone

-72.5Range
CCI (20)

Balanced zone

-40.2Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

-71.65%Bearish
Volume ratio

Relative to 20-period average volume

0.17xBearish

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

15.4 / 24.1 / 16.8Bullish
Supertrend (10,3)

Price is above Supertrend

$68.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$429.3 / $365.2Bearish
Donchian Channel (20)

20-period breakout channel position

28%Range

Momentum

RSI (14)

Neutral zone

49.1Range
MACD (12,26,9)

Histogram is negative

-11.325Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.5 / 28.1Bearish
Williams %R (14)

Neutral zone

-72.5Range
CCI (20)

Balanced zone

-40.2Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$78.72 (22.77%)Bearish
Bollinger Bands (20,2)

Width 69.04%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$550.62 / $185.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$267.07 / $424.51Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

-71.65%Bearish
Volume ratio

Relative to 20-period average volume

0.17xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

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