US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

1 weekBearish76%
Weekly Downside probability 76%Bearish

TPL 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $391.75 and stabilize above resistance $547.2.

Invalidation Trigger

Break above $547.2 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 45.8, MACD -5.436

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $38.42 (10.39%)

Weekly

EMA Structure

Range
EMA 8$380.18Bearish
EMA 21$391.75Bearish
EMA 50$386.17Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.8 · MACD -5.436

Neutral zone

Strength
Bearish
Volatility
ATR $38.42 · BB 25.36%

High volatility

Strength
Bearish
Volume
MFI 46.8 · OBV -8.86%

Relative to 20-period average volume

Strength
Range
Price Levels
$281 - $547.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+58.4% · 5.6 ATR above latest close

$585.62
Nearest resistance

+48.01% · 4.6 ATR above · 34-bar high

$547.2
Current price

Price shown is delayed

$369.71
Nearest support

-23.99% · 2.3 ATR below · 34-bar low

$281
Deeper support zone

-34.39% · 3.3 ATR below latest close

$242.58
ATR zone

Latest close ± ATR14

$331.29 - $408.13

Indicators

Trend

Dow Theory Structure

Confirmation $335.1, invalidation $437.3

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

Trend strength is active

35.5 / 24.6 / 24.0Bullish
Supertrend (10,3)

Price is above Supertrend

$254.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$414.8 / $408.22Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Volatility

ATR (14)

High volatility

$38.42 (10.39%)Bearish
Bollinger Bands (20,2)

Width 25.36%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$470.84 / $312.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$331.29 / $408.13Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$547.2Range
Support

Nearest Downside Decision Level

$281Range

Momentum

RSI (14)

Neutral zone

45.8Range
MACD (12,26,9)

Histogram is negative

-5.436Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.8 / 32.6Bearish
Williams %R (14)

Neutral zone

-68.2Range
CCI (20)

Balanced zone

-83.5Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.8Range
OBV slope

20-period OBV slope

-8.86%Bearish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Trend

Dow Theory Structure

Confirmation $335.1, invalidation $437.3

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

Trend strength is active

35.5 / 24.6 / 24.0Bullish
Supertrend (10,3)

Price is above Supertrend

$254.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$414.8 / $408.22Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Momentum

RSI (14)

Neutral zone

45.8Range
MACD (12,26,9)

Histogram is negative

-5.436Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.8 / 32.6Bearish
Williams %R (14)

Neutral zone

-68.2Range
CCI (20)

Balanced zone

-83.5Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$38.42 (10.39%)Bearish
Bollinger Bands (20,2)

Width 25.36%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$470.84 / $312.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$331.29 / $408.13Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.8Range
OBV slope

20-period OBV slope

-8.86%Bearish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$547.2Range
Support

Nearest Downside Decision Level

$281Range

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