US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 weekBearish77%
Weekly Downside probability 77%Bearish

TPL 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $401.91 and stabilize above resistance $546.14.

Invalidation Trigger

Break above $546.14 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 49.4, MACD -11.140

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $41.05 (10.37%)

Weekly

EMA Structure

Range
EMA 8$392.18Bullish
EMA 21$401.91Bearish
EMA 50$386.11Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.4 · MACD -11.140

Neutral zone

Strength
Bearish
Volatility
ATR $41.05 · BB 51.26%

High volatility

Strength
Bearish
Volume
MFI 36.1 · OBV -4.38%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$269.68 - $546.14

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+48.33% · 4.7 ATR above latest close

$587.19
Nearest resistance

+37.96% · 3.7 ATR above · 34-bar high

$546.14
Current price

Price shown is delayed

$395.88
Nearest support

-31.88% · 3.1 ATR below · 34-bar low

$269.68
Deeper support zone

-42.25% · 4.1 ATR below latest close

$228.63
ATR zone

Latest close ± ATR14

$354.83 - $436.93

Indicators

Trend

Dow Theory Structure

Confirmation $413.44, invalidation $375.71

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

Trend strength is active

41.2 / 10.2 / 42.6Bearish
Supertrend (10,3)

Price is above Supertrend

$273.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$407.99 / $407.91Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Volatility

ATR (14)

High volatility

$41.05 (10.37%)Bearish
Bollinger Bands (20,2)

Width 51.26%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$472.22 / $332.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$354.83 / $436.93Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$546.14Range
Support

Nearest Downside Decision Level

$269.68Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is negative

-11.140Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.9 / 11.2Bullish
Williams %R (14)

Neutral zone

-77.1Range
CCI (20)

Balanced zone

-76.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.1Bearish
OBV slope

20-period OBV slope

-4.38%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $413.44, invalidation $375.71

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

Trend strength is active

41.2 / 10.2 / 42.6Bearish
Supertrend (10,3)

Price is above Supertrend

$273.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$407.99 / $407.91Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is negative

-11.140Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.9 / 11.2Bullish
Williams %R (14)

Neutral zone

-77.1Range
CCI (20)

Balanced zone

-76.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$41.05 (10.37%)Bearish
Bollinger Bands (20,2)

Width 51.26%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$472.22 / $332.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$354.83 / $436.93Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.1Bearish
OBV slope

20-period OBV slope

-4.38%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$546.14Range
Support

Nearest Downside Decision Level

$269.68Range

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