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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Texas Pacific Land Corporation (NYSE:TPL)
Sidelines Mode (-55) - TPL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TPL?
MarketClub looks at technical strength and momentum to determine if the timing is right for TPL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TPL
The long-term trend has been DOWN since Dec 4th, 2023 at 1600.375
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 1480.200
The short-term trend has been UP since May 7th, 2024 at 579.720
Smart Scan Analysis for TPL
Based on our trend formula, TPL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 583.11 | 605.78 | 583.11 | 604.15 | +40.65 |
| Prev. Close | Volume | Bid | Ask | Time |
| 563.50 | 13298 | 2024-05-09 09:47:03 |
| Year High | 877.97 | Year High Date | 2018-10-03 |
| Year Low | 446.01 | Year Low Date | 2018-01-02 |
| 52wk High | 666.666667 | 52wk High Date | 2023-10-17 |
| 52wk Low | 422.07 | 52wk Low Date | 2023-06-23 |
| Year End Close | 53.43 | Average Volume | 63,510 |
| Shares Outstanding | 23,004 | Short Interest | 5,300 |
| % Institutional | 48.9 | Market Cap | 5,025M |
| Assets | 115,639,800M | Liabilities | 113,202,000M |
| P/E Ratio | 32.0352 | Beta | 0.86 |
| Volatility | 70.48 |