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 $44.25 and reclaim $60.45.

Invalidation Trigger

Lose $44.25 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 61.8, MACD 0.256

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $2.31 (4.1%)

Daily

EMA Structure

Bullish
EMA 8$56.24Bullish
EMA 21$53.69Bullish
EMA 50$51.51Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.8 · MACD 0.256

Momentum is strong

Strength
Bullish
Volatility
ATR $2.31 · BB 30.69%

Medium volatility

Strength
Range
Volume
MFI 71.2 · OBV -1.48%

Relative to 20-period average volume

Strength
Range
Price Levels
$44.25 - $60.45

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.22% · 2.7 ATR above latest close

$62.76
Nearest resistance

+7.12% · 1.7 ATR above · 34-bar high

$60.45
Current price

Price shown is delayed

$56.43
Nearest support

-21.58% · 5.3 ATR below · 34-bar low

$44.25
Deeper support zone

-25.68% · 6.3 ATR below latest close

$41.94
ATR zone

Latest close ± ATR14

$54.12 - $58.74

Indicators

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $55.26

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

Trend strength is active

41.5 / 40.4 / 16.5Bullish
Supertrend (10,3)

Price is above Supertrend

$47.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.28 / $52.35Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Volatility

ATR (14)

Medium volatility

$2.31 (4.1%)Range
Bollinger Bands (20,2)

Width 30.69%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$59.69 / $48.03Range
ATR channel lower / upper

Current Volatility Envelope

$54.12 / $58.74Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.45Range
Support

Nearest Downside Decision Level

$44.25Range

Momentum

RSI (14)

Momentum is strong

61.8Bullish
MACD (12,26,9)

Histogram is positive

0.256Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.9 / 69.0Bearish
Williams %R (14)

Neutral zone

-32.1Range
CCI (20)

Balanced zone

58.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.2Bullish
OBV slope

20-period OBV slope

-1.48%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $55.26

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

Trend strength is active

41.5 / 40.4 / 16.5Bullish
Supertrend (10,3)

Price is above Supertrend

$47.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.28 / $52.35Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Momentum

RSI (14)

Momentum is strong

61.8Bullish
MACD (12,26,9)

Histogram is positive

0.256Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.9 / 69.0Bearish
Williams %R (14)

Neutral zone

-32.1Range
CCI (20)

Balanced zone

58.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$2.31 (4.1%)Range
Bollinger Bands (20,2)

Width 30.69%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$59.69 / $48.03Range
ATR channel lower / upper

Current Volatility Envelope

$54.12 / $58.74Range

Volume / Money Flow

MFI (14)

Money flow is strong

71.2Bullish
OBV slope

20-period OBV slope

-1.48%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.45Range
Support

Nearest Downside Decision Level

$44.25Range

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