TEXAS PACIFIC LAND CORP (TPL)
US88262P1021 - Common Stock
Taking everything into account, TPL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TPL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
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 212 other stocks in this industry. TPL outperforms 97% of them.
TPL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TPL is lagging the market slightly.
In the last month TPL has a been trading in the 578.56 - 799.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
505.05
757.50
When analyzing the support we can see 3 important areas.
- A support zone ranging from 581.04 to 589.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @559.73 from a horizontal line in the daily time frame.
- Support @510.15 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.71
Mansfield1.63
10 Day High799.46
10 Day Low578.56
20 Day High799.46
20 Day Low578.56
52 Week High799.46
52 Week Low422.07
Performance
1 Week28.85%
2 Weeks22.09%
1 Month23.25%
3 Month35.01%
6 Month40.87%
12 Month65.61%
2 Year51.21%
3 Year40.65%
5 Year185.9%
10 Year1305.29%
15 Year6718.19%
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)17.39
RSI(14)72.74
LBB504.32
UBB808.41
TEXAS PACIFIC LAND CORP
NYSE:TPL (6/14/2024, 7:04:00 PM)
After market: 750 0 (0%)750
-14 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.83%
1 Week28.85%
2 Weeks22.09%
1 Month23.25%
3 Month35.01%
6 Month40.87%
12 Month65.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)31.79
ATR(20)%3.33%
ATR Inc
Range Today31.86
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High799.46
10 Day Low578.56
20 Day High799.46
20 Day Low578.56
52 Week High799.46
52 Week Low422.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume226.40K
Volume Incr460.12%
Vol(5)346.38K
Vol(50)93.39K