Decline depth
-34.3%
From rolling 252-day high of $545.74, 174d ago.
Past the 30% Amber threshold.
-34.3%
from rolling 252-day high of $545.74 set 2026-02-23 · 174d ago
Current
$358.52
Decline depth
-34.3%
Decline σ
6.0σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$TPL landed on the list 2026-04-09, down 30.9% from its 52-week high that day — now down -34.3%.
That's 3.6 percentage points deeper than the day it joined. It bottomed 37.7% below that high along the way.
Decline from the 52-week high as it stood on 2026-04-09 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
TPL qualifies for the Amber List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
6.0σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (3.41% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about TPL.
TPL qualifies for the Amber List on decline depth — down -34.3% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 6.0σ over 20 bars.
Earnings on file: 2026-08-05. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about TPL
What people ask.
Why is TPL on Broken Stocks?
TPL qualifies for the Amber List on decline depth. It is down -34.3% from its rolling 252-day high of $545.74, set on 2026-02-23 — 174d ago.
Is TPL a falling knife?
Not by the strict technical definition. TPL is down -34.3% from its 52-week high, but that high was set 174d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. TPL is still on the Amber List for decline depth, but the freshness component of a falling knife is missing.
Is TPL a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is TPL trading inside its 52-week range?
At $358.52, TPL sits 32.1% of the way from its 52-week low ($269.23) to its 52-week high ($547.20). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has TPL been declining?
The current 34.3% decline accrued over 174d, which annualizes to roughly -72.0% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does TPL compare to its sector?
There are 25 other Energy tickers on Broken Stocks: 7 Red, 4 Amber, 14 Watch, with 13 showing recovering structural signals. Median sector decline is -27.7% — TPL's decline is deeper than the sector median.
Does TPL's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-05) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.