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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Texas Pacific Land Corporation (NYSE:TPL)
Strong Downtrend (-100) - TPL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TPL continues to fall. Traders should use caution and set stops.
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 DOWN since Apr 16th, 2024 at 582.325
Smart Scan Analysis for TPL
Based on our trend formula, TPL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 586.03 | 597.32 | 579.30 | 585.50 | -1.43 |
| Prev. Close | Volume | Bid | Ask | Time |
| 584.96 | 54872 | 2024-04-17 15:59:48 |
| 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 | 79,827 |
| 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 | 33.3672 | Beta | 0.86 |
| Volatility | 70.48 |