Texas Pacific LandTPL

Texas Pacific Land (TPL) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for TPL · data as of Sep 4, 2026. The chart above is live; the read below updates daily.

$362.42last close · Sep 4, 202652-week range $269.23 – $547.20 · 33.77% below the high

TPL falling wedge pattern

TPL is currently forming a falling wedge on the daily timeframe. Detected Sep 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $445.99 (+17.7%).

DirectionBullishTarget$445.99Projected move+17.7%Breakout level$379.70

New to this pattern? What a falling wedge is and how to trade it →

TPL's most recent triangle trade

TPL's most recent completed triangle resolved as a win: it broke down on Sep 16, 2026 near $355.59, then reached its target at $305.77 on Nov 4, 2026 — a 14.0% move (+1.33R) over 35 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.

OutcomeWinResult+14.0%R+1.33REntry$355.59Exit$305.77

Learn about triangle

TPL pattern trade history

Every completed pattern trade our nightly backtest found on TPL's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleSep 16, 2026 @ $355.59Nov 4, 2026 @ $305.77Win+14.0% · +1.33R
Falling wedgeSep 14, 2026 @ $381.22Sep 17, 2026 @ $347.46Loss+19.6% · -1.85R
TriangleAug 6, 2026 @ $365.62Nov 4, 2026 @ $293.34Win+19.8% · +1.58R
Falling wedgeAug 6, 2026 @ $367.26Sep 29, 2026 @ $330.91Win+9.9% · +0.82R
Rising wedgeJul 27, 2026 @ $405.44Aug 7, 2026 @ $342.23Win+15.6% · +1.98R
TriangleMar 30, 2026 @ $495.14Mar 30, 2026 @ $484.51Win+2.1% · +0.21R
Rising wedgeNov 18, 2025 @ $301.36Nov 25, 2025 @ $284.90Win+5.5% · +0.38R
TriangleNov 6, 2025 @ $321.72Nov 18, 2025 @ $312.02Loss+7.3% · -0.45R
Rising wedgeNov 4, 2025 @ $301.06Nov 6, 2025 @ $316.67Loss+7.0% · -1.00R
TriangleJul 15, 2025 @ $334.59Jan 29, 2026 @ $363.24Loss+37.6% · -1.12R
Falling wedgeApr 4, 2025 @ $382.46Apr 7, 2025 @ $333.54Win+12.8% · +0.60R
TriangleMar 21, 2025 @ $419.39Mar 26, 2025 @ $464.47Loss+19.7% · -1.00R

Falling wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

TPL support and resistance levels

Price found a floor near $352.28 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $521.13 — still about 44% away.

  • Traders commonly watch $521.13 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $352.28 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

TPL recent daily prices

DateOpenHighLowClose
Sep 4, 2026$360.31$367.07$358.01$362.42
Sep 3, 2026$370.15$370.26$363.34$366.50
Sep 2, 2026$367.00$368.79$361.54$367.32
Sep 1, 2026$377.14$377.38$365.00$369.93
Aug 31, 2026$370.00$376.00$366.61$374.34
Aug 28, 2026$370.79$376.00$361.60$364.38
Aug 27, 2026$369.21$371.71$363.71$369.71
Aug 26, 2026$369.58$383.04$367.80$369.40
Aug 25, 2026$368.18$376.54$365.16$372.79
Aug 24, 2026$377.57$386.12$369.67$373.45

TPL frequently asked questions

What chart pattern is TPL forming right now?
As of Sep 4, 2026, TradingPal's detector identifies a falling wedge on Texas Pacific Land (TPL) on the daily chart, with a measured-move target of $445.99.
Is a falling wedge bullish or bearish?
The falling wedge detected on TPL is a bullish pattern, projecting a measured-move target of $445.99. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if TPL's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $445.99 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TPL's closing price on Sep 4, 2026?
Texas Pacific Land (TPL) last closed at $362.42 on Sep 4, 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.