US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

EDU 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $54.02 and reclaim $60.23.

Invalidation Trigger

Lose $54.02 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 58.0, MACD 0.151

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.29 (2.24%)

Daily

EMA Structure

Bullish
EMA 8$56.68Bullish
EMA 21$56.31Bullish
EMA 50$55.4Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.0 · MACD 0.151

Momentum is strong

Strength
Bullish
Volatility
ATR $1.29 · BB 5.69%

Medium volatility

Strength
Range
Volume
MFI 65.8 · OBV 1.59%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$54.02 - $60.23

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.61% · 3.0 ATR above latest close

$61.52
Nearest resistance

+4.38% · 2.0 ATR above · 34-bar high

$60.23
Current price

Price shown is delayed

$57.71
Nearest support

-6.39% · 2.9 ATR below · 34-bar low

$54.02
Deeper support zone

-8.62% · 3.9 ATR below latest close

$52.73
ATR zone

Latest close ± ATR14

$56.41 - $59

Indicators

Trend

Dow Theory Structure

Confirmation $58.92, invalidation $54.26

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

13.7 / 38.4 / 27.4Bullish
Supertrend (10,3)

Price is above Supertrend

$53.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.52 / $54.93Bullish
Donchian Channel (20)

20-period breakout channel position

75%Range

Volatility

ATR (14)

Medium volatility

$1.29 (2.24%)Range
Bollinger Bands (20,2)

Width 5.69%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.77 / $53.89Range
ATR channel lower / upper

Current Volatility Envelope

$56.41 / $59Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.23Range
Support

Nearest Downside Decision Level

$54.02Range

Momentum

RSI (14)

Momentum is strong

58.0Bullish
MACD (12,26,9)

Histogram is positive

0.151Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.3 / 68.5Bullish
Williams %R (14)

Neutral zone

-24.7Range
CCI (20)

Strong expansion

137.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.8Bullish
OBV slope

20-period OBV slope

1.59%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Trend

Dow Theory Structure

Confirmation $58.92, invalidation $54.26

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

13.7 / 38.4 / 27.4Bullish
Supertrend (10,3)

Price is above Supertrend

$53.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.52 / $54.93Bullish
Donchian Channel (20)

20-period breakout channel position

75%Range

Momentum

RSI (14)

Momentum is strong

58.0Bullish
MACD (12,26,9)

Histogram is positive

0.151Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.3 / 68.5Bullish
Williams %R (14)

Neutral zone

-24.7Range
CCI (20)

Strong expansion

137.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$1.29 (2.24%)Range
Bollinger Bands (20,2)

Width 5.69%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.77 / $53.89Range
ATR channel lower / upper

Current Volatility Envelope

$56.41 / $59Range

Volume / Money Flow

MFI (14)

Money flow is strong

65.8Bullish
OBV slope

20-period OBV slope

1.59%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.23Range
Support

Nearest Downside Decision Level

$54.02Range

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