US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

EDU 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $56.32 and stabilize above resistance $60.18.

Invalidation Trigger

Break above $60.18 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 43.9, MACD -0.135

12h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8243 (1.49%)

12h

EMA Structure

Range
EMA 8$55.93Bearish
EMA 21$56.32Bearish
EMA 50$55.89Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.9 · MACD -0.135

Momentum is weak

Strength
Bearish
Volatility
ATR $0.8243 · BB 10.55%

Low volatility

Strength
Bullish
Volume
MFI 41.9 · OBV -4.12%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$54.47 - $60.18

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.07% · 6.8 ATR above latest close

$61
Nearest resistance

+8.58% · 5.8 ATR above · 34-bar high

$60.18
Current price

Price shown is delayed

$55.43
Nearest support

-1.72% · 1.2 ATR below · 34-bar low

$54.47
Deeper support zone

-3.21% · 2.2 ATR below latest close

$53.65
ATR zone

Latest close ± ATR14

$54.6 - $56.25

Indicators

Trend

Dow Theory Structure

Confirmation $54.47, invalidation $57.15

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

Trend strength is moderate

11.1 / 36.6 / 33.1Bullish
Supertrend (10,3)

Price is above Supertrend

$53.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.57 / $56.13Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$0.8243 (1.49%)Bullish
Bollinger Bands (20,2)

Width 10.55%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$57.71 / $54.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$54.6 / $56.25Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.18Range
Support

Nearest Downside Decision Level

$54.47Range

Momentum

RSI (14)

Momentum is weak

43.9Bearish
MACD (12,26,9)

Histogram is negative

-0.135Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 32.2Bearish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Balanced zone

-56.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.9Bearish
OBV slope

20-period OBV slope

-4.12%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $54.47, invalidation $57.15

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

Trend strength is moderate

11.1 / 36.6 / 33.1Bullish
Supertrend (10,3)

Price is above Supertrend

$53.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.57 / $56.13Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

43.9Bearish
MACD (12,26,9)

Histogram is negative

-0.135Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 32.2Bearish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Balanced zone

-56.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.8243 (1.49%)Bullish
Bollinger Bands (20,2)

Width 10.55%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$57.71 / $54.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$54.6 / $56.25Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.9Bearish
OBV slope

20-period OBV slope

-4.12%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.18Range
Support

Nearest Downside Decision Level

$54.47Range

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