US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 dayBullish86%
Daily Upside probability 86%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 $47.91 and reclaim $60.45.

Invalidation Trigger

Lose $47.91 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 62.2, MACD 0.093

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.57 (2.71%)

Daily

EMA Structure

Bullish
EMA 8$56.84Bullish
EMA 21$55.42Bullish
EMA 50$53.3Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.2 · MACD 0.093

Momentum is strong

Strength
Bullish
Volatility
ATR $1.57 · BB 13.74%

Medium volatility

Strength
Range
Volume
MFI 64.0 · OBV 0.61%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$47.91 - $60.45

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.04% · 2.6 ATR above latest close

$62.02
Nearest resistance

+4.33% · 1.6 ATR above · 34-bar high

$60.45
Current price

Price shown is delayed

$57.94
Nearest support

-17.31% · 6.4 ATR below · 34-bar low

$47.91
Deeper support zone

-20.02% · 7.4 ATR below latest close

$46.34
ATR zone

Latest close ± ATR14

$56.37 - $59.51

Indicators

Trend

Dow Theory Structure

Confirmation $52.01, invalidation $57.09

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

Trend strength is active

22.1 / 34.8 / 18.6Bullish
Supertrend (10,3)

Price is above Supertrend

$53.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.43 / $52.35Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Volatility

ATR (14)

Medium volatility

$1.57 (2.71%)Range
Bollinger Bands (20,2)

Width 13.74%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.64 / $52.41Range
ATR channel lower / upper

Current Volatility Envelope

$56.37 / $59.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.45Range
Support

Nearest Downside Decision Level

$47.91Range

Momentum

RSI (14)

Momentum is strong

62.2Bullish
MACD (12,26,9)

Histogram is positive

0.093Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.2 / 85.8Bearish
Williams %R (14)

Overbought zone

-16.8Bearish
CCI (20)

Strong expansion

103.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.0Bullish
OBV slope

20-period OBV slope

0.61%Bullish
Volume ratio

Relative to 20-period average volume

0.94xRange

Trend

Dow Theory Structure

Confirmation $52.01, invalidation $57.09

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

Trend strength is active

22.1 / 34.8 / 18.6Bullish
Supertrend (10,3)

Price is above Supertrend

$53.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.43 / $52.35Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Momentum

RSI (14)

Momentum is strong

62.2Bullish
MACD (12,26,9)

Histogram is positive

0.093Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.2 / 85.8Bearish
Williams %R (14)

Overbought zone

-16.8Bearish
CCI (20)

Strong expansion

103.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volatility

ATR (14)

Medium volatility

$1.57 (2.71%)Range
Bollinger Bands (20,2)

Width 13.74%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.64 / $52.41Range
ATR channel lower / upper

Current Volatility Envelope

$56.37 / $59.51Range

Volume / Money Flow

MFI (14)

Money flow is strong

64.0Bullish
OBV slope

20-period OBV slope

0.61%Bullish
Volume ratio

Relative to 20-period average volume

0.94xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.45Range
Support

Nearest Downside Decision Level

$47.91Range

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