US stock / ETF

Texas Pacific Land Corporation

TPL · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

TPL 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $376.43 and stabilize above resistance $409.

Invalidation Trigger

Break above $409 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 28.1, MACD -4.317

4h
Volatility EnvironmentRange
Medium volatility

ATR is $12.37 (3.62%)

4h

EMA Structure

Bearish
EMA 8$359.93Bearish
EMA 21$376.43Bearish
EMA 50$390.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 28.1 · MACD -4.317

Momentum is weak

Strength
Bearish
Volatility
ATR $12.37 · BB 22.54%

Medium volatility

Strength
Range
Volume
MFI 12.8 · OBV -13.86%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$340.65 - $409

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+23.19% · 6.4 ATR above latest close

$421.37
Nearest resistance

+19.57% · 5.4 ATR above · 34-bar high

$409
Current price

Price shown is delayed

$342.06
Nearest support

-0.41% · 0.1 ATR below · 34-bar low

$340.65
Deeper support zone

-4.03% · 1.1 ATR below latest close

$328.28
ATR zone

Latest close ± ATR14

$329.69 - $354.43

Indicators

Trend

Dow Theory Structure

Confirmation $346.53, invalidation $375.04

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

Trend strength is active

31.8 / 7.0 / 49.5Bearish
Supertrend (10,3)

Price is above Supertrend

$296.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$372.58 / $390.33Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

Medium volatility

$12.37 (3.62%)Range
Bollinger Bands (20,2)

Width 22.54%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$406 / $345.17Range
ATR channel lower / upper

Current Volatility Envelope

$329.69 / $354.43Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$409Range
Support

Nearest Downside Decision Level

$340.65Range

Momentum

RSI (14)

Momentum is weak

28.1Bearish
MACD (12,26,9)

Histogram is negative

-4.317Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.1 / 5.3Bearish
Williams %R (14)

Oversold zone

-97.9Bullish
CCI (20)

Weak expansion

-155.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

12.8Bearish
OBV slope

20-period OBV slope

-13.86%Bearish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Trend

Dow Theory Structure

Confirmation $346.53, invalidation $375.04

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

Trend strength is active

31.8 / 7.0 / 49.5Bearish
Supertrend (10,3)

Price is above Supertrend

$296.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$372.58 / $390.33Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

28.1Bearish
MACD (12,26,9)

Histogram is negative

-4.317Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.1 / 5.3Bearish
Williams %R (14)

Oversold zone

-97.9Bullish
CCI (20)

Weak expansion

-155.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volatility

ATR (14)

Medium volatility

$12.37 (3.62%)Range
Bollinger Bands (20,2)

Width 22.54%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$406 / $345.17Range
ATR channel lower / upper

Current Volatility Envelope

$329.69 / $354.43Range

Volume / Money Flow

MFI (14)

Money flow is weak

12.8Bearish
OBV slope

20-period OBV slope

-13.86%Bearish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$409Range
Support

Nearest Downside Decision Level

$340.65Range

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