US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

12 hoursBullish74%
12h Upside probability 74%Bullish

EDU 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $47.9 and reclaim $60.9.

Invalidation Trigger

Lose $47.9 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 57.2, MACD -0.388

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.86 (3.29%)

12h

EMA Structure

Bullish
EMA 8$56.65Bearish
EMA 21$55.35Bullish
EMA 50$52.64Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.2 · MACD -0.388

Momentum is strong

Strength
Range
Volatility
ATR $1.86 · BB 25.01%

Medium volatility

Strength
Range
Volume
MFI 34.3 · OBV 2.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$47.9 - $60.9

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+11.21% · 3.4 ATR above latest close

$62.76
Nearest resistance

+7.92% · 2.4 ATR above · 34-bar high

$60.9
Current price

Price shown is delayed

$56.43
Nearest support

-15.12% · 4.6 ATR below · 34-bar low

$47.9
Deeper support zone

-18.41% · 5.6 ATR below latest close

$46.04
ATR zone

Latest close ± ATR14

$54.57 - $58.29

Indicators

Trend

Dow Theory Structure

Confirmation $60.4, invalidation $55.55

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

Trend strength is moderate

21.4 / 16.6 / 44.3Bearish
Supertrend (10,3)

Price is above Supertrend

$52.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.19 / $52.58Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Volatility

ATR (14)

Medium volatility

$1.86 (3.29%)Range
Bollinger Bands (20,2)

Width 25.01%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.08 / $52.89Range
ATR channel lower / upper

Current Volatility Envelope

$54.57 / $58.29Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.9Range
Support

Nearest Downside Decision Level

$47.9Range

Momentum

RSI (14)

Momentum is strong

57.2Bullish
MACD (12,26,9)

Histogram is negative

-0.388Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.3 / 39.8Bearish
Williams %R (14)

Neutral zone

-76.7Range
CCI (20)

Balanced zone

16.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.3Bearish
OBV slope

20-period OBV slope

2.31%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $60.4, invalidation $55.55

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

Trend strength is moderate

21.4 / 16.6 / 44.3Bearish
Supertrend (10,3)

Price is above Supertrend

$52.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.19 / $52.58Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Momentum

RSI (14)

Momentum is strong

57.2Bullish
MACD (12,26,9)

Histogram is negative

-0.388Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.3 / 39.8Bearish
Williams %R (14)

Neutral zone

-76.7Range
CCI (20)

Balanced zone

16.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.86 (3.29%)Range
Bollinger Bands (20,2)

Width 25.01%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.08 / $52.89Range
ATR channel lower / upper

Current Volatility Envelope

$54.57 / $58.29Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.3Bearish
OBV slope

20-period OBV slope

2.31%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.9Range
Support

Nearest Downside Decision Level

$47.9Range

Related Forecasts