US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

4 hoursBullish65%
4h Upside probability 65%Bullish

TPL 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $348.65 and reclaim $413.44.

Invalidation Trigger

Lose $348.65 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 61.2, MACD 5.188

4h
Volatility EnvironmentRange
Medium volatility

ATR is $9.55 (2.42%)

4h

EMA Structure

Range
EMA 8$383.5Bullish
EMA 21$376.81Bullish
EMA 50$383.4Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.2 · MACD 5.188

Momentum is strong

Strength
Bullish
Volatility
ATR $9.55 · BB 15.83%

Medium volatility

Strength
Range
Volume
MFI 84.0 · OBV -35.83%

Relative to 20-period average volume

Strength
Range
Price Levels
$348.65 - $413.44

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.35% · 3.0 ATR above latest close

$422.99
Nearest resistance

+4.93% · 2.0 ATR above · 34-bar high

$413.44
Current price

Price shown is delayed

$394.01
Nearest support

-11.51% · 4.8 ATR below · 34-bar low

$348.65
Deeper support zone

-13.94% · 5.8 ATR below latest close

$339.1
ATR zone

Latest close ± ATR14

$384.46 - $403.56

Indicators

Trend

Dow Theory Structure

Confirmation $348.65, invalidation $377.99

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

Trend strength is active

38.2 / 39.8 / 6.0Bullish
Supertrend (10,3)

Price is above Supertrend

$363.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$376.89 / $381.04Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

Medium volatility

$9.55 (2.42%)Range
Bollinger Bands (20,2)

Width 15.83%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$398.72 / $354.95Range
ATR channel lower / upper

Current Volatility Envelope

$384.46 / $403.56Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.44Range
Support

Nearest Downside Decision Level

$348.65Range

Momentum

RSI (14)

Momentum is strong

61.2Bullish
MACD (12,26,9)

Histogram is positive

5.188Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.6 / 87.8Bearish
Williams %R (14)

Overbought zone

-16.4Bearish
CCI (20)

Strong expansion

142.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

84.0Bullish
OBV slope

20-period OBV slope

-35.83%Bearish
Volume ratio

Relative to 20-period average volume

0.44xBearish

Trend

Dow Theory Structure

Confirmation $348.65, invalidation $377.99

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

Trend strength is active

38.2 / 39.8 / 6.0Bullish
Supertrend (10,3)

Price is above Supertrend

$363.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$376.89 / $381.04Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

61.2Bullish
MACD (12,26,9)

Histogram is positive

5.188Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.6 / 87.8Bearish
Williams %R (14)

Overbought zone

-16.4Bearish
CCI (20)

Strong expansion

142.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volatility

ATR (14)

Medium volatility

$9.55 (2.42%)Range
Bollinger Bands (20,2)

Width 15.83%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$398.72 / $354.95Range
ATR channel lower / upper

Current Volatility Envelope

$384.46 / $403.56Range

Volume / Money Flow

MFI (14)

Money flow is strong

84.0Bullish
OBV slope

20-period OBV slope

-35.83%Bearish
Volume ratio

Relative to 20-period average volume

0.44xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$413.44Range
Support

Nearest Downside Decision Level

$348.65Range

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