US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 dayBearish75%
Daily Downside probability 75%Bearish

EDU 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $56.28 and stabilize above resistance $60.4.

Invalidation Trigger

Break above $60.4 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 48.6, MACD -0.423

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.44 (2.58%)

Daily

EMA Structure

Range
EMA 8$56.2Bearish
EMA 21$56.28Bearish
EMA 50$54.75Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.6 · MACD -0.423

Neutral zone

Strength
Bearish
Volatility
ATR $1.44 · BB 10.21%

Medium volatility

Strength
Range
Volume
MFI 53.5 · OBV 7.10%

Relative to 20-period average volume

Strength
Range
Price Levels
$52.01 - $60.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+11.1% · 4.3 ATR above latest close

$61.84
Nearest resistance

+8.52% · 3.3 ATR above · 34-bar high

$60.4
Current price

Price shown is delayed

$55.66
Nearest support

-6.56% · 2.5 ATR below · 34-bar low

$52.01
Deeper support zone

-9.14% · 3.5 ATR below latest close

$50.57
ATR zone

Latest close ± ATR14

$54.22 - $57.1

Indicators

Trend

Dow Theory Structure

Confirmation $54.5, invalidation $56.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

34.8 / 21.6 / 33.0Bearish
Supertrend (10,3)

Price is above Supertrend

$51.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.57 / $54.1Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

Medium volatility

$1.44 (2.58%)Range
Bollinger Bands (20,2)

Width 10.21%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$59.05 / $53.59Range
ATR channel lower / upper

Current Volatility Envelope

$54.22 / $57.1Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.4Range
Support

Nearest Downside Decision Level

$52.01Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is negative

-0.423Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.2 / 24.7Bearish
Williams %R (14)

Neutral zone

-79.8Range
CCI (20)

Balanced zone

-67.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.5Range
OBV slope

20-period OBV slope

7.10%Bullish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Trend

Dow Theory Structure

Confirmation $54.5, invalidation $56.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

34.8 / 21.6 / 33.0Bearish
Supertrend (10,3)

Price is above Supertrend

$51.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.57 / $54.1Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is negative

-0.423Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.2 / 24.7Bearish
Williams %R (14)

Neutral zone

-79.8Range
CCI (20)

Balanced zone

-67.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$1.44 (2.58%)Range
Bollinger Bands (20,2)

Width 10.21%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$59.05 / $53.59Range
ATR channel lower / upper

Current Volatility Envelope

$54.22 / $57.1Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.5Range
OBV slope

20-period OBV slope

7.10%Bullish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.4Range
Support

Nearest Downside Decision Level

$52.01Range

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