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 $372.84 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 51.1, MACD -3.908

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $78.52 (21.24%)

Monthly

EMA Structure

Bullish
EMA 8$399.75Bearish
EMA 21$372.84Bearish
EMA 50$303.05Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.1 · MACD -3.908

Neutral zone

Strength
Bearish
Volatility
ATR $78.52 · BB 69.88%

High volatility

Strength
Bearish
Volume
MFI 49.3 · OBV -66.46%

Relative to 20-period average volume

Strength
Range
Price Levels
$155.87 - $589.71

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+80.74% · 3.8 ATR above latest close

$668.23
Nearest resistance

+59.51% · 2.8 ATR above · 34-bar high

$589.71
Current price

Price shown is delayed

$369.71
Nearest support

-57.84% · 2.7 ATR below · 34-bar low

$155.87
Deeper support zone

-79.08% · 3.7 ATR below latest close

$77.35
ATR zone

Latest close ± ATR14

$291.19 - $448.23

Indicators

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

18.0 / 24.2 / 21.2Bullish
Supertrend (10,3)

Price is above Supertrend

$96.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$411.93 / $364.3Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

High volatility

$78.52 (21.24%)Bearish
Bollinger Bands (20,2)

Width 69.88%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$559.79 / $190.77Bearish
ATR channel lower / upper

Current Volatility Envelope

$291.19 / $448.23Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

Momentum

RSI (14)

Neutral zone

51.1Range
MACD (12,26,9)

Histogram is negative

-3.908Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.1 / 48.2Bearish
Williams %R (14)

Neutral zone

-63.9Range
CCI (20)

Balanced zone

-14.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-66.46%Bearish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $547.2, invalidation $269.23

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

Trend strength is moderate

18.0 / 24.2 / 21.2Bullish
Supertrend (10,3)

Price is above Supertrend

$96.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$411.93 / $364.3Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

51.1Range
MACD (12,26,9)

Histogram is negative

-3.908Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.1 / 48.2Bearish
Williams %R (14)

Neutral zone

-63.9Range
CCI (20)

Balanced zone

-14.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$78.52 (21.24%)Bearish
Bollinger Bands (20,2)

Width 69.88%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$559.79 / $190.77Bearish
ATR channel lower / upper

Current Volatility Envelope

$291.19 / $448.23Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-66.46%Bearish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$589.71Range
Support

Nearest Downside Decision Level

$155.87Range

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