US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

EDU 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $54.03 and reclaim $58.79.

Invalidation Trigger

Lose $54.03 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 59.7, MACD 0.246

12h
Volatility EnvironmentRange
Low volatility

ATR is $1.15 (1.99%)

12h

EMA Structure

Bullish
EMA 8$56.57Bullish
EMA 21$56.18Bullish
EMA 50$55.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.7 · MACD 0.246

Momentum is strong

Strength
Bullish
Volatility
ATR $1.15 · BB 7.24%

Low volatility

Strength
Range
Volume
MFI 60.2 · OBV 11.34%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$54.03 - $58.79

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.83% · 1.9 ATR above latest close

$59.94
Nearest resistance

+1.84% · 0.9 ATR above · 34-bar high

$58.79
Current price

Price shown is delayed

$57.73
Nearest support

-6.41% · 3.2 ATR below · 34-bar low

$54.03
Deeper support zone

-8.4% · 4.2 ATR below latest close

$52.88
ATR zone

Latest close ± ATR14

$56.58 - $58.88

Indicators

Trend

Dow Theory Structure

Confirmation $55.94, invalidation $54.53

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

Trend strength is active

25.0 / 33.7 / 25.4Bullish
Supertrend (10,3)

Price is above Supertrend

$53.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.3 / $57.11Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Volatility

ATR (14)

Low volatility

$1.15 (1.99%)Range
Bollinger Bands (20,2)

Width 7.24%

95%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.51 / $53.86Range
ATR channel lower / upper

Current Volatility Envelope

$56.58 / $58.88Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$58.79Range
Support

Nearest Downside Decision Level

$54.03Range

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is positive

0.246Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.7 / 70.4Bullish
Williams %R (14)

Neutral zone

-22.3Range
CCI (20)

Strong expansion

119.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.2Bullish
OBV slope

20-period OBV slope

11.34%Bullish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Trend

Dow Theory Structure

Confirmation $55.94, invalidation $54.53

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

Trend strength is active

25.0 / 33.7 / 25.4Bullish
Supertrend (10,3)

Price is above Supertrend

$53.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.3 / $57.11Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is positive

0.246Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.7 / 70.4Bullish
Williams %R (14)

Neutral zone

-22.3Range
CCI (20)

Strong expansion

119.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$1.15 (1.99%)Range
Bollinger Bands (20,2)

Width 7.24%

95%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.51 / $53.86Range
ATR channel lower / upper

Current Volatility Envelope

$56.58 / $58.88Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.2Bullish
OBV slope

20-period OBV slope

11.34%Bullish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$58.79Range
Support

Nearest Downside Decision Level

$54.03Range

Related Forecasts