US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

12 hoursBearish80%
12h Downside probability 80%Bearish

EDU 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $57.11 and stabilize above resistance $61.63.

Invalidation Trigger

Break above $61.63 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 28.2, MACD -0.975

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.2 (4.35%)

12h

EMA Structure

Range
EMA 8$55.61Bearish
EMA 21$57.11Bearish
EMA 50$56.97Bearish

Signals

CategoryReadStrength
Momentum
RSI 28.2 · MACD -0.975

Momentum is weak

Strength
Bearish
Volatility
ATR $2.2 · BB 18.19%

Medium volatility

Strength
Range
Volume
MFI 67.8 · OBV -61.32%

Relative to 20-period average volume

Strength
Range
Price Levels
$49.2 - $61.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+26.13% · 6.0 ATR above latest close

$63.83
Nearest resistance

+21.78% · 5.0 ATR above · 34-bar high

$61.63
Current price

Price shown is delayed

$50.61
Nearest support

-2.78% · 0.6 ATR below · 34-bar low

$49.2
Deeper support zone

-7.13% · 1.6 ATR below latest close

$47
ATR zone

Latest close ± ATR14

$48.41 - $52.81

Indicators

Trend

Dow Theory Structure

Confirmation $61.63, invalidation $58.1

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

Trend strength is active

48.2 / 17.8 / 40.2Bearish
Supertrend (10,3)

Price is above Supertrend

$45.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.87 / $55.42Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Medium volatility

$2.2 (4.35%)Range
Bollinger Bands (20,2)

Width 18.19%

-21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.9 / $52.26Range
ATR channel lower / upper

Current Volatility Envelope

$48.41 / $52.81Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$61.63Range
Support

Nearest Downside Decision Level

$49.2Range

Momentum

RSI (14)

Momentum is weak

28.2Bearish
MACD (12,26,9)

Histogram is negative

-0.975Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.3 / 18.2Bearish
Williams %R (14)

Oversold zone

-88.7Bullish
CCI (20)

Weak expansion

-292.3Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.8Bullish
OBV slope

20-period OBV slope

-61.32%Bearish
Volume ratio

Relative to 20-period average volume

6.23xBullish

Trend

Dow Theory Structure

Confirmation $61.63, invalidation $58.1

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

Trend strength is active

48.2 / 17.8 / 40.2Bearish
Supertrend (10,3)

Price is above Supertrend

$45.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.87 / $55.42Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

28.2Bearish
MACD (12,26,9)

Histogram is negative

-0.975Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.3 / 18.2Bearish
Williams %R (14)

Oversold zone

-88.7Bullish
CCI (20)

Weak expansion

-292.3Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$2.2 (4.35%)Range
Bollinger Bands (20,2)

Width 18.19%

-21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.9 / $52.26Range
ATR channel lower / upper

Current Volatility Envelope

$48.41 / $52.81Range

Volume / Money Flow

MFI (14)

Money flow is strong

67.8Bullish
OBV slope

20-period OBV slope

-61.32%Bearish
Volume ratio

Relative to 20-period average volume

6.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$61.63Range
Support

Nearest Downside Decision Level

$49.2Range

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