US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 monthBullish54%
Monthly Upside probability 54%Bullish

TPL 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $157.52 and reclaim $586.59.

Invalidation Trigger

Lose $157.52 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 54.4, MACD -0.075

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $74.73 (18.88%)

Monthly

EMA Structure

Bullish
EMA 8$400.77Bearish
EMA 21$366.59Bullish
EMA 50$295.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.4 · MACD -0.075

Neutral zone

Strength
Bearish
Volatility
ATR $74.73 · BB 75.60%

High volatility

Strength
Bearish
Volume
MFI 35.5 · OBV -117.58%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$157.52 - $586.59

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+67.05% · 3.6 ATR above latest close

$661.32
Nearest resistance

+48.17% · 2.6 ATR above · 34-bar high

$586.59
Current price

Price shown is delayed

$395.88
Nearest support

-60.21% · 3.2 ATR below · 34-bar low

$157.52
Deeper support zone

-79.09% · 4.2 ATR below latest close

$82.79
ATR zone

Latest close ± ATR14

$321.15 - $470.61

Indicators

Trend

Dow Theory Structure

Confirmation $269.68, invalidation $546.14

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

Trend strength is active

23.9 / 26.4 / 20.7Bullish
Supertrend (10,3)

Price is above Supertrend

$138.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$397.14 / $358.68Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

High volatility

$74.73 (18.88%)Bearish
Bollinger Bands (20,2)

Width 75.60%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$531.96 / $206.54Bearish
ATR channel lower / upper

Current Volatility Envelope

$321.15 / $470.61Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$586.59Range
Support

Nearest Downside Decision Level

$157.52Range

Momentum

RSI (14)

Neutral zone

54.4Range
MACD (12,26,9)

Histogram is negative

-0.075Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.6 / 51.0Bearish
Williams %R (14)

Neutral zone

-54.4Range
CCI (20)

Balanced zone

-2.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.5Bearish
OBV slope

20-period OBV slope

-117.58%Bearish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $269.68, invalidation $546.14

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

Trend strength is active

23.9 / 26.4 / 20.7Bullish
Supertrend (10,3)

Price is above Supertrend

$138.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$397.14 / $358.68Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

54.4Range
MACD (12,26,9)

Histogram is negative

-0.075Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.6 / 51.0Bearish
Williams %R (14)

Neutral zone

-54.4Range
CCI (20)

Balanced zone

-2.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$74.73 (18.88%)Bearish
Bollinger Bands (20,2)

Width 75.60%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$531.96 / $206.54Bearish
ATR channel lower / upper

Current Volatility Envelope

$321.15 / $470.61Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.5Bearish
OBV slope

20-period OBV slope

-117.58%Bearish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$586.59Range
Support

Nearest Downside Decision Level

$157.52Range

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