TEXAS PACIFIC LAND CORP (TPL) Stock Technical Analysis
NYSE:TPL - New York Stock Exchange, Inc. - US88262P1021 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to TPL. Although TPL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that TPL is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, TPL also shows a nice and consistent pattern of rising prices.
TPL is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. TPL outperforms 98% of them.
In the last month TPL has a been trading in the 986.93 - 1411.17 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TPL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TPL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1,085.37
1,445.33
2 important support areas can be observed.
- A support zone ranging from 1269.59 to 1298.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1096.33 to 1097.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1348.62 from a trend line in the daily time frame.
- Resistance @1384.99 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1417.66 to 1431.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.09
Mansfield3.43
10 Day High1321.9
10 Day Low986.93
20 Day High1411.17
20 Day Low986.93
52 Week High1769.14
52 Week Low555.71
Performance
1 Week9.44%
2 Weeks6.36%
1 Month-5.31%
3 Month-8.08%
6 Month22.68%
12 Month122.9%
2 Year163.66%
3 Year185.08%
5 Year583.92%
10 Year2484.19%
15 Year12964.8%
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)7.9
RSI(14)51.71
LBB1074.65
UBB1413.19
1298.64
+21.06 (+1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.65%
1 Week9.44%
2 Weeks6.36%
1 Month-5.31%
3 Month-8.08%
6 Month22.68%
12 Month122.9%
2 Year163.66%
3 Year185.08%
5 Year583.92%
10 Year2484.19%
15 Year12964.8%
Volatility
ATR(14)105.83
ATR(20)%7.34%
ATR Inc-63.15%
Range Today38.89
ADR(20)85.18
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.09
Mansfield3.43
10 Day High1321.9
10 Day Low986.93
20 Day High1411.17
20 Day Low986.93
52 Week High1769.14
52 Week Low555.71
CS1 End1298.63
CR1 Start1348.62
Volume & EV
DER(3)-0.1%
DER(5)0.13%
Volume104.10K
Volume Incr-35.37%
Vol(5)102.64K
Vol(50)135.93K