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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Texas Pacific Land Corporation (NYSE:TPL)

Long-Term Downtrend (-90) - TPL is in a strong downtrend that is likely to continue. While TPL is showing intraday strength, it remains in the confines of a bearish trend. 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.

NYSE_TPL
Open High Low TPL Price Change
576.50 579.39 569.99 578.89 +2.56
Entry Signal

MarketClub’s Trade Triangles for TPL

long term down The long-term trend has been DOWN since Dec 4th, 2023 at 1600.375

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 1480.200

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 1673.960

Smart Scan Analysis for TPL

Based on our trend formula, TPL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TPL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
576.50 579.39 569.99 578.89 +2.56
Prev. Close Volume Bid Ask Time
578.51 75564 2024-03-28 16:00:00
Year High877.97Year High Date2018-10-03
Year Low446.01Year Low Date2018-01-02
52wk High666.66666752wk High Date2023-10-17
52wk Low422.0752wk Low Date2023-06-23
Year End Close53.43Average Volume85,609
Shares Outstanding23,004Short Interest5,300
% Institutional48.9Market Cap5,025M
Assets115,639,800MLiabilities113,202,000M
P/E Ratio32.7646Beta0.86
Volatility70.48
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