US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

4 hoursBullish87%
4h Upside probability 87%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 $324.8 and reclaim $358.81.

Invalidation Trigger

Lose $324.8 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 53.3, MACD 1.103

4h
Volatility EnvironmentRange
Low volatility

ATR is $5.39 (1.56%)

4h

EMA Structure

Range
EMA 8$346.1Bearish
EMA 21$342.95Bullish
EMA 50$344.89Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.3 · MACD 1.103

Neutral zone

Strength
Bullish
Volatility
ATR $5.39 · BB 10.15%

Low volatility

Strength
Range
Volume
MFI 79.5 · OBV 34.56%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$324.8 - $358.81

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.33% · 3.4 ATR above latest close

$364.2
Nearest resistance

+3.77% · 2.4 ATR above · 34-bar high

$358.81
Current price

Price shown is delayed

$345.79
Nearest support

-6.07% · 3.9 ATR below · 34-bar low

$324.8
Deeper support zone

-7.63% · 4.9 ATR below latest close

$319.41
ATR zone

Latest close ± ATR14

$340.4 - $351.18

Indicators

Trend

Dow Theory Structure

Confirmation $358.81, invalidation $333.34

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

Trend strength is active

33.9 / 34.6 / 24.5Bullish
Supertrend (10,3)

Price is above Supertrend

$327.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$345.54 / $346.8Bearish
Donchian Channel (20)

20-period breakout channel position

62%Range

Volatility

ATR (14)

Low volatility

$5.39 (1.56%)Range
Bollinger Bands (20,2)

Width 10.15%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$355.43 / $330.7Range
ATR channel lower / upper

Current Volatility Envelope

$340.4 / $351.18Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$358.81Range
Support

Nearest Downside Decision Level

$324.8Range

Momentum

RSI (14)

Neutral zone

53.3Range
MACD (12,26,9)

Histogram is positive

1.103Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.9 / 49.5Bearish
Williams %R (14)

Neutral zone

-51.1Range
CCI (20)

Balanced zone

56.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

79.5Bullish
OBV slope

20-period OBV slope

34.56%Bullish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Trend

Dow Theory Structure

Confirmation $358.81, invalidation $333.34

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

Trend strength is active

33.9 / 34.6 / 24.5Bullish
Supertrend (10,3)

Price is above Supertrend

$327.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$345.54 / $346.8Bearish
Donchian Channel (20)

20-period breakout channel position

62%Range

Momentum

RSI (14)

Neutral zone

53.3Range
MACD (12,26,9)

Histogram is positive

1.103Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.9 / 49.5Bearish
Williams %R (14)

Neutral zone

-51.1Range
CCI (20)

Balanced zone

56.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$5.39 (1.56%)Range
Bollinger Bands (20,2)

Width 10.15%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$355.43 / $330.7Range
ATR channel lower / upper

Current Volatility Envelope

$340.4 / $351.18Range

Volume / Money Flow

MFI (14)

Money flow is strong

79.5Bullish
OBV slope

20-period OBV slope

34.56%Bullish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$358.81Range
Support

Nearest Downside Decision Level

$324.8Range

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