US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

4 hoursBullish90%
4h Upside probability 90%Bullish

TPL 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $385.53 and reclaim $426.21.

Invalidation Trigger

Lose $385.53 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 54.3, MACD -0.232

4h
Volatility EnvironmentRange
Low volatility

ATR is $7.19 (1.73%)

4h

EMA Structure

Bullish
EMA 8$414.01Bullish
EMA 21$411.14Bullish
EMA 50$404.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.3 · MACD -0.232

Neutral zone

Strength
Bullish
Volatility
ATR $7.19 · BB 6.72%

Low volatility

Strength
Range
Volume
MFI 55.6 · OBV 9.64%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$385.53 - $426.21

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.26% · 2.5 ATR above latest close

$433.39
Nearest resistance

+2.53% · 1.5 ATR above · 34-bar high

$426.21
Current price

Price shown is delayed

$415.7
Nearest support

-7.26% · 4.2 ATR below · 34-bar low

$385.53
Deeper support zone

-8.99% · 5.2 ATR below latest close

$378.34
ATR zone

Latest close ± ATR14

$408.51 - $422.89

Indicators

Trend

Dow Theory Structure

Confirmation $426.21, invalidation $408.1

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

24.4 / 23.4 / 31.4Bearish
Supertrend (10,3)

Price is above Supertrend

$392.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$411.1 / $412.4Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

Low volatility

$7.19 (1.73%)Range
Bollinger Bands (20,2)

Width 6.72%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$426.92 / $395.83Range
ATR channel lower / upper

Current Volatility Envelope

$408.51 / $422.89Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$426.21Range
Support

Nearest Downside Decision Level

$385.53Range

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.232Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.6 / 50.7Bullish
Williams %R (14)

Neutral zone

-43.4Range
CCI (20)

Balanced zone

51.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.6Bullish
OBV slope

20-period OBV slope

9.64%Bullish
Volume ratio

Relative to 20-period average volume

1.79xBullish

Trend

Dow Theory Structure

Confirmation $426.21, invalidation $408.1

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

24.4 / 23.4 / 31.4Bearish
Supertrend (10,3)

Price is above Supertrend

$392.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$411.1 / $412.4Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.232Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.6 / 50.7Bullish
Williams %R (14)

Neutral zone

-43.4Range
CCI (20)

Balanced zone

51.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$7.19 (1.73%)Range
Bollinger Bands (20,2)

Width 6.72%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$426.92 / $395.83Range
ATR channel lower / upper

Current Volatility Envelope

$408.51 / $422.89Range

Volume / Money Flow

MFI (14)

Money flow is strong

55.6Bullish
OBV slope

20-period OBV slope

9.64%Bullish
Volume ratio

Relative to 20-period average volume

1.79xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$426.21Range
Support

Nearest Downside Decision Level

$385.53Range

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