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 $365.13 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 47.7, MACD -12.305

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $79.52 (24.07%)

Monthly

EMA Structure

Bullish
EMA 8$371.63Bearish
EMA 21$365.13Bearish
EMA 50$305Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.7 · MACD -12.305

Neutral zone

Strength
Bearish
Volatility
ATR $79.52 · BB 69.64%

High volatility

Strength
Bearish
Volume
MFI 51.7 · OBV -68.24%

Relative to 20-period average volume

Strength
Range
Price Levels
$155.87 - $589.71

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+102.53% · 4.3 ATR above latest close

$669.23
Nearest resistance

+78.47% · 3.3 ATR above · 34-bar high

$589.71
Current price

Price shown is delayed

$330.43
Nearest support

-52.83% · 2.2 ATR below · 34-bar low

$155.87
Deeper support zone

-76.9% · 3.2 ATR below latest close

$76.35
ATR zone

Latest close ± ATR14

$250.91 - $409.95

Indicators

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

15.4 / 23.9 / 16.6Bullish
Supertrend (10,3)

Price is above Supertrend

$70.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$429.3 / $365.2Bearish
Donchian Channel (20)

20-period breakout channel position

22%Range

Volatility

ATR (14)

High volatility

$79.52 (24.07%)Bearish
Bollinger Bands (20,2)

Width 69.64%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$551.4 / $182.17Bearish
ATR channel lower / upper

Current Volatility Envelope

$250.91 / $409.95Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is negative

-12.305Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.0 / 26.2Bearish
Williams %R (14)

Neutral zone

-78.0Range
CCI (20)

Balanced zone

-41.8Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.7Range
OBV slope

20-period OBV slope

-68.24%Bearish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

15.4 / 23.9 / 16.6Bullish
Supertrend (10,3)

Price is above Supertrend

$70.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$429.3 / $365.2Bearish
Donchian Channel (20)

20-period breakout channel position

22%Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is negative

-12.305Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.0 / 26.2Bearish
Williams %R (14)

Neutral zone

-78.0Range
CCI (20)

Balanced zone

-41.8Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$79.52 (24.07%)Bearish
Bollinger Bands (20,2)

Width 69.64%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$551.4 / $182.17Bearish
ATR channel lower / upper

Current Volatility Envelope

$250.91 / $409.95Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.7Range
OBV slope

20-period OBV slope

-68.24%Bearish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

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