TEXAS PACIFIC LAND CORP (TPL)

US88262P1021 - Common Stock

1229.27  +18.24 (+1.51%)

Technical Rating and Analysis

7

Overall TPL gets a technical rating of 7 out of 10. In the last year, TPL was one of the better performers, but we do observe some doubts in the very recent evolution.

Looking at the yearly performance, TPL did better than 95% of all other stocks. We also observe that the gains produced by TPL over the past year are nicely spread over this period.
TPL is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry. TPL outperforms 97% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
TPL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TPL is lagging the market.
In the last month TPL has a been trading in the 1088.75 - 1409.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
TPL Weekly chart
TPL Daily chart
Setup Rating and Analysis

3

Although TPL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

883.58

1,241.56

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 1194.59 to 1211.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1133.11 to 1144.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1096.32 from a horizontal line in the daily time frame.
  • Support @1044.62 from a trend line in the daily time frame.
  • Support @892.51 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.33
Mansfield3.81
10 Day High1225.35
10 Day Low1088.75
20 Day High1409.39
20 Day Low1088.75
52 Week High1769.14
52 Week Low467.62
Performance
1 Week3.77%
2 Weeks8.67%
1 Month-12.74%
3 Month23.4%
6 Month62%
12 Month133.6%
2 Year82.03%
3 Year237.96%
5 Year380.75%
10 Year3044.17%
15 Year13750.9%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.67
RSI(14)48.42
LBB1075.46
UBB1235.93
TPL Daily chart

TEXAS PACIFIC LAND CORP

NYSE:TPL (1/6/2025, 12:17:58 PM)

1229.27

+18.24 (+1.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.51%
1 Week3.77%
2 Weeks8.67%
1 Month-12.74%
3 Month23.4%
6 Month62%
12 Month133.6%
2 Year82.03%
3 Year237.96%
5 Year380.75%
10 Year3044.17%
15 Year13750.9%
Volatility
ATR(14)51.06
ATR(20)%4.85%
ATR Inc11.83%
Range Today21.89
ADR(20)57.06
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.33
Mansfield3.81
10 Day High1225.35
10 Day Low1088.75
20 Day High1409.39
20 Day Low1088.75
52 Week High1769.14
52 Week Low467.62
CS1 End1144.67
CR1 StartN/A
Volume & EV
DER(3)-0.31%
DER(5)-0.33%
Volume36.06K
Volume Incr-29.5%
Vol(5)149.12K
Vol(50)257.08K