US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 weekBullish62%
Weekly Upside probability 62%Bullish

TPL 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $269.23 and reclaim $547.2.

Invalidation Trigger

Lose $269.23 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 53.1, MACD -4.579

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $35.9 (8.64%)

Weekly

EMA Structure

Range
EMA 8$400.36Bullish
EMA 21$403.14Bullish
EMA 50$388.35Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.1 · MACD -4.579

Neutral zone

Strength
Range
Volatility
ATR $35.9 · BB 48.06%

High volatility

Strength
Bearish
Volume
MFI 58.6 · OBV -16.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$269.23 - $547.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+40.27% · 4.7 ATR above latest close

$583.1
Nearest resistance

+31.63% · 3.7 ATR above · 34-bar high

$547.2
Current price

Price shown is delayed

$415.7
Nearest support

-35.23% · 4.1 ATR below · 34-bar low

$269.23
Deeper support zone

-43.87% · 5.1 ATR below latest close

$233.33
ATR zone

Latest close ± ATR14

$379.8 - $451.6

Indicators

Trend

Dow Theory Structure

Confirmation $444, invalidation $348.46

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

Trend strength is active

36.4 / 23.2 / 21.2Bullish
Supertrend (10,3)

Price is above Supertrend

$307.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$416.59 / $408.22Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Volatility

ATR (14)

High volatility

$35.9 (8.64%)Bearish
Bollinger Bands (20,2)

Width 48.06%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$475.62 / $331.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$379.8 / $451.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$547.2Range
Support

Nearest Downside Decision Level

$269.23Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is negative

-4.579Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.2 / 47.5Bullish
Williams %R (14)

Neutral zone

-36.8Range
CCI (20)

Balanced zone

-23.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.6Bullish
OBV slope

20-period OBV slope

-16.52%Bearish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Trend

Dow Theory Structure

Confirmation $444, invalidation $348.46

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

Trend strength is active

36.4 / 23.2 / 21.2Bullish
Supertrend (10,3)

Price is above Supertrend

$307.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$416.59 / $408.22Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is negative

-4.579Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.2 / 47.5Bullish
Williams %R (14)

Neutral zone

-36.8Range
CCI (20)

Balanced zone

-23.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$35.9 (8.64%)Bearish
Bollinger Bands (20,2)

Width 48.06%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$475.62 / $331.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$379.8 / $451.6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.6Bullish
OBV slope

20-period OBV slope

-16.52%Bearish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$547.2Range
Support

Nearest Downside Decision Level

$269.23Range

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