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 $370.2 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 48.6, MACD -5.762

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $78.12 (22.93%)

Monthly

EMA Structure

Bullish
EMA 8$393.3Bearish
EMA 21$370.2Bearish
EMA 50$301.91Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.6 · MACD -5.762

Neutral zone

Strength
Bearish
Volatility
ATR $78.12 · BB 70.83%

High volatility

Strength
Bearish
Volume
MFI 51.1 · OBV -61.55%

Relative to 20-period average volume

Strength
Range
Price Levels
$155.87 - $589.71

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+96.05% · 4.2 ATR above latest close

$667.83
Nearest resistance

+73.11% · 3.2 ATR above · 34-bar high

$589.71
Current price

Price shown is delayed

$340.65
Nearest support

-54.24% · 2.4 ATR below · 34-bar low

$155.87
Deeper support zone

-77.18% · 3.4 ATR below latest close

$77.75
ATR zone

Latest close ± ATR14

$262.53 - $418.77

Indicators

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

18.1 / 24.3 / 20.9Bullish
Supertrend (10,3)

Price is above Supertrend

$100.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$411.93 / $364.3Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Volatility

ATR (14)

High volatility

$78.12 (22.93%)Bearish
Bollinger Bands (20,2)

Width 70.83%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$555.93 / $189.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$262.53 / $418.77Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is negative

-5.762Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.7 / 44.8Bearish
Williams %R (14)

Neutral zone

-74.3Range
CCI (20)

Balanced zone

-23.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.1Range
OBV slope

20-period OBV slope

-61.55%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

18.1 / 24.3 / 20.9Bullish
Supertrend (10,3)

Price is above Supertrend

$100.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$411.93 / $364.3Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is negative

-5.762Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.7 / 44.8Bearish
Williams %R (14)

Neutral zone

-74.3Range
CCI (20)

Balanced zone

-23.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$78.12 (22.93%)Bearish
Bollinger Bands (20,2)

Width 70.83%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$555.93 / $189.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$262.53 / $418.77Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.1Range
OBV slope

20-period OBV slope

-61.55%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

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