REPORTING FOR 2019-10-21 | LOGISTICS-BUSINESS-REVIEW.COM: 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 ($TPL) opened at 597.56, reaching a high of 601.22 and a low of 585.7672 before closing at a price of 592.09. There was a total volume of 8948.
VOLUME INDICATORS FOR TEXAS PACIFIC LAND TRUST ($TPL): We saw an accumulation-distribution index of 9423.67935, an on-balance volume of -595.45, chaikin money flow of 7.44415 and a force index of 150.82346. There was an ease of movement rating of -0.02611, a volume-price trend of -88.27634 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR TEXAS PACIFIC LAND TRUST ($TPL): We noted an average true range of 17.80968, bolinger bands of 589.72318, an upper bollinger band of 577.48402, lower bollinger band of 585.7672, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 594.84907, high band keltner channel of 591.18907, low band keltner channel of 598.50907, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 585.7672, a donchian channel low band of 585.7672, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR TEXAS PACIFIC LAND TRUST ($TPL): We calculated a Moving Average Convergence Divergence (MACD) of -0.09708, a MACD signal of -0.05394, a MACD difference of -0.04315, a fast Exponential Moving Average (EMA) indicator of 585.7672, a slow Exponential Moving Average (EMA) indicator of 585.7672, 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 0.22831, a trix of -11.01931, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 104.47859, a KST Oscillator (KST) of -151.36433 and a KST Oscillator (KST Signal) of -151.36433 (leaving a KST difference of -1.56727). We also found an Ichimoku rating of 599.39, an Ichimoku B rating of 599.39, a Ichimoku visual trend A of 698.9589, an Ichimoku visual trend B of 676.69885, 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 ($TPL): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 34.20147, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -17.35767, a stochastic oscillator of 422.20765, a stochastic oscillator signal of 422.20765, a Williams %R rating of 322.20765 and an awesome oscillator of 2.0175.
RETURNS FOR TEXAS PACIFIC LAND TRUST ($TPL): There was a daily return of -15.13643, a daily log return of -0.74147 and a cumulative return of -0.73872.
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 2019-10-21 (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 ($TPL)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Texas Pacific Land Trust ($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.