US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

EDU 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $52.07 and reclaim $60.4.

Invalidation Trigger

Lose $52.07 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 61.7, MACD 0.220

12h
Volatility EnvironmentRange
Low volatility

ATR is $1.14 (1.97%)

12h

EMA Structure

Bullish
EMA 8$57.04Bullish
EMA 21$56.11Bullish
EMA 50$54.61Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.7 · MACD 0.220

Momentum is strong

Strength
Bullish
Volatility
ATR $1.14 · BB 12.59%

Low volatility

Strength
Range
Volume
MFI 83.2 · OBV 6.94%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$52.07 - $60.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.21% · 3.2 ATR above latest close

$61.54
Nearest resistance

+4.25% · 2.2 ATR above · 34-bar high

$60.4
Current price

Price shown is delayed

$57.94
Nearest support

-10.13% · 5.2 ATR below · 34-bar low

$52.07
Deeper support zone

-12.1% · 6.2 ATR below latest close

$50.93
ATR zone

Latest close ± ATR14

$56.8 - $59.08

Indicators

Trend

Dow Theory Structure

Confirmation $57, invalidation $54.8

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

10.7 / 34.6 / 22.1Bullish
Supertrend (10,3)

Price is above Supertrend

$54.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.29 / $54.4Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

Low volatility

$1.14 (1.97%)Range
Bollinger Bands (20,2)

Width 12.59%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.45 / $53.87Range
ATR channel lower / upper

Current Volatility Envelope

$56.8 / $59.08Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.4Range
Support

Nearest Downside Decision Level

$52.07Range

Momentum

RSI (14)

Momentum is strong

61.7Bullish
MACD (12,26,9)

Histogram is positive

0.220Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.7 / 85.0Bearish
Williams %R (14)

Neutral zone

-21.3Range
CCI (20)

Strong expansion

119.2Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.2Bullish
OBV slope

20-period OBV slope

6.94%Bullish
Volume ratio

Relative to 20-period average volume

2.35xBullish

Trend

Dow Theory Structure

Confirmation $57, invalidation $54.8

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

10.7 / 34.6 / 22.1Bullish
Supertrend (10,3)

Price is above Supertrend

$54.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.29 / $54.4Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

61.7Bullish
MACD (12,26,9)

Histogram is positive

0.220Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.7 / 85.0Bearish
Williams %R (14)

Neutral zone

-21.3Range
CCI (20)

Strong expansion

119.2Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$1.14 (1.97%)Range
Bollinger Bands (20,2)

Width 12.59%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.45 / $53.87Range
ATR channel lower / upper

Current Volatility Envelope

$56.8 / $59.08Range

Volume / Money Flow

MFI (14)

Money flow is strong

83.2Bullish
OBV slope

20-period OBV slope

6.94%Bullish
Volume ratio

Relative to 20-period average volume

2.35xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.4Range
Support

Nearest Downside Decision Level

$52.07Range

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