Texas Pacific Land (TPL) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for TPL · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$391.04last close · Jun 25, 2026
TPL Falling Wedge Pattern
No chart pattern is currently detected on TPL. The most recent was a Falling Wedge, detected Jun 23, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $429.00 (+14.6%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; TPL's own falling wedges have hit 45.8%.
TPL is in an open Falling Wedge setup — it broke higher near $377.56, projecting a target near $429.00, with invalidation at $348.46.
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
TPL win rate
45.8%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
TPL support and resistance levels
On the weekly chart, the nearest level worth watching is a ceiling overhead near $547.20 — where price has stalled before.
There's no clear floor close by yet, so this one line is the main thing to watch — a ceiling often acts like a lid.
Watch how price behaves as it approaches $547.20 — that's where the next read tends to form.
Nearest auto-detected resistance near $541.59. These are chart/swing-derived levels, not formula pivots.
Resistance
$541.59$657.20$772.05$848.03$924.49$1,478.74
TPL recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$375.60
$393.24
$374.70
$391.04
Jun 24, 2026
$366.33
$378.72
$364.56
$377.56
Jun 23, 2026
$352.88
$379.00
$352.85
$369.90
Jun 22, 2026
$356.48
$361.24
$348.46
$361.11
Jun 18, 2026
$354.51
$359.25
$351.81
$355.11
Jun 17, 2026
$357.01
$361.99
$352.00
$354.48
Jun 16, 2026
$357.18
$363.85
$354.08
$356.35
Jun 15, 2026
$366.90
$372.88
$361.92
$362.78
Jun 12, 2026
$367.50
$389.65
$366.60
$378.91
Jun 11, 2026
$379.76
$380.90
$367.46
$369.55
TPL frequently asked questions
What chart pattern is TPL forming right now?
No pattern is currently detected on TPL. The most recent was a Falling Wedge, detected Jun 23, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on TPL is a bullish pattern, projecting a measured-move target of $429.00. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for TPL?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), TPL's nearest support is around n/a and nearest resistance around $541.59.
What is the price target if TPL's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $429.00 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TPL's closing price on Jun 25, 2026?
Texas Pacific Land (TPL) last closed at $391.04 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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