A Deep Analysis of Texas Pacific Land Trust (NYSE:TPL) (2019-12-25)

      Comments Off on A Deep Analysis of Texas Pacific Land Trust (NYSE:TPL) (2019-12-25)

REPORTING FOR 2019-12-25 | WCX19.ORG: We have done an in-depth analysis of how TPL has been trading over the last 2 weeks and the past day especially. On its latest session, Texas Pacific Land Trust (NYSE:TPL) opened at 785.21, reaching a high of 797.3279 and a low of 775.0 before closing at a price of 785.46. There was a total volume of 10058.

VOLUME INDICATORS FOR TEXAS PACIFIC LAND TRUST (NYSE:TPL): We saw an accumulation-distribution index of 2892.74686, an on-balance volume of -783.7, chaikin money flow of 2.68511 and a force index of 941.1441. There was an ease of movement rating of 0.55955, a volume-price trend of 161.83532 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR TEXAS PACIFIC LAND TRUST (NYSE:TPL): We noted an average true range of 12.52577, bolinger bands of 787.79899, an upper bollinger band of 748.20101, lower bollinger band of 775.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 785.84597, high band keltner channel of 773.72807, low band keltner channel of 797.96387, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 775.0, a donchian channel low band of 775.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR TEXAS PACIFIC LAND TRUST (NYSE:TPL): We calculated a Moving Average Convergence Divergence (MACD) of -0.3141, a MACD signal of -0.1745, a MACD difference of -0.1396, a fast Exponential Moving Average (EMA) indicator of 775.0, a slow Exponential Moving Average (EMA) indicator of 775.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 1.84699, a trix of 17.1365, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -131.87847, a KST Oscillator (KST) of 205.05996 and a KST Oscillator (KST Signal) of 205.05996 (leaving a KST difference of -5.44221). We also found an Ichimoku rating of 791.26895, an Ichimoku B rating of 791.26895, a Ichimoku visual trend A of 669.60915, an Ichimoku visual trend B of 684.65735, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR TEXAS PACIFIC LAND TRUST (NYSE:TPL): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.81434, a stochastic oscillator of 184.25552, a stochastic oscillator signal of 184.25552, a Williams %R rating of 84.25552 and an awesome oscillator of -9.91882.

RETURNS FOR TEXAS PACIFIC LAND TRUST (NYSE:TPL): There was a daily return of 20.506, a daily log return of -1.82297 and a cumulative return of -1.80645.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-25 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Texas Pacific Land Trust (NYSE:TPL)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Texas Pacific Land Trust (NYSE:TPL) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.