US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

TPL 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $337.71 and stabilize above resistance $356.9.

Invalidation Trigger

Break above $356.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.2, MACD -0.478

4h
Volatility EnvironmentRange
Low volatility

ATR is $5.95 (1.81%)

4h

EMA Structure

Bearish
EMA 8$332.87Bearish
EMA 21$337.71Bearish
EMA 50$343.42Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.2 · MACD -0.478

Momentum is weak

Strength
Bearish
Volatility
ATR $5.95 · BB 7.18%

Low volatility

Strength
Range
Volume
MFI 35.2 · OBV -75.75%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$327.3 - $356.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.05% · 5.6 ATR above latest close

$362.85
Nearest resistance

+8.24% · 4.6 ATR above · 34-bar high

$356.9
Current price

Price shown is delayed

$329.72
Nearest support

-0.73% · 0.4 ATR below · 34-bar low

$327.3
Deeper support zone

-2.54% · 1.4 ATR below latest close

$321.35
ATR zone

Latest close ± ATR14

$323.77 - $335.67

Indicators

Trend

Dow Theory Structure

Confirmation $328.54, invalidation $339.99

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

Trend strength is moderate

13.4 / 25.1 / 32.3Bearish
Supertrend (10,3)

Price is above Supertrend

$314.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$338.22 / $348.65Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$5.95 (1.81%)Range
Bollinger Bands (20,2)

Width 7.18%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$347.89 / $326.89Range
ATR channel lower / upper

Current Volatility Envelope

$323.77 / $335.67Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$356.9Range
Support

Nearest Downside Decision Level

$327.3Range

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is negative

-0.478Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.2 / 12.0Bearish
Williams %R (14)

Oversold zone

-88.8Bullish
CCI (20)

Weak expansion

-112.0Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.2Bearish
OBV slope

20-period OBV slope

-75.75%Bearish
Volume ratio

Relative to 20-period average volume

1.27xBullish

Trend

Dow Theory Structure

Confirmation $328.54, invalidation $339.99

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

Trend strength is moderate

13.4 / 25.1 / 32.3Bearish
Supertrend (10,3)

Price is above Supertrend

$314.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$338.22 / $348.65Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is negative

-0.478Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.2 / 12.0Bearish
Williams %R (14)

Oversold zone

-88.8Bullish
CCI (20)

Weak expansion

-112.0Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$5.95 (1.81%)Range
Bollinger Bands (20,2)

Width 7.18%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$347.89 / $326.89Range
ATR channel lower / upper

Current Volatility Envelope

$323.77 / $335.67Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.2Bearish
OBV slope

20-period OBV slope

-75.75%Bearish
Volume ratio

Relative to 20-period average volume

1.27xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$356.9Range
Support

Nearest Downside Decision Level

$327.3Range

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