US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 hourBullish92%
1h Upside probability 92%Bullish

EDU 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $56.13 and reclaim $59.14.

Invalidation Trigger

Lose $56.13 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 59.3, MACD -0.014

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4801 (0.83%)

1h

EMA Structure

Bullish
EMA 8$57.72Bullish
EMA 21$57.43Bullish
EMA 50$56.77Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.3 · MACD -0.014

Momentum is strong

Strength
Bullish
Volatility
ATR $0.4801 · BB 2.61%

Low volatility

Strength
Bullish
Volume
MFI 77.9 · OBV 80.38%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$56.13 - $59.14

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.9% · 3.5 ATR above latest close

$59.62
Nearest resistance

+2.07% · 2.5 ATR above · 34-bar high

$59.14
Current price

Price shown is delayed

$57.94
Nearest support

-3.12% · 3.8 ATR below · 34-bar low

$56.13
Deeper support zone

-3.95% · 4.8 ATR below latest close

$55.65
ATR zone

Latest close ± ATR14

$57.46 - $58.42

Indicators

Trend

Dow Theory Structure

Confirmation $59.14, invalidation $57.41

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

Trend strength is active

26.0 / 41.0 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$56.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.88 / $56.97Bullish
Donchian Channel (20)

20-period breakout channel position

49%Range

Volatility

ATR (14)

Low volatility

$0.4801 (0.83%)Bullish
Bollinger Bands (20,2)

Width 2.61%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.52 / $56.38Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.46 / $58.42Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.14Range
Support

Nearest Downside Decision Level

$56.13Range

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is negative

-0.014Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.7 / 41.2Bullish
Williams %R (14)

Neutral zone

-58.3Range
CCI (20)

Balanced zone

91.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

77.9Bullish
OBV slope

20-period OBV slope

80.38%Bullish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Trend

Dow Theory Structure

Confirmation $59.14, invalidation $57.41

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

Trend strength is active

26.0 / 41.0 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$56.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.88 / $56.97Bullish
Donchian Channel (20)

20-period breakout channel position

49%Range

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is negative

-0.014Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.7 / 41.2Bullish
Williams %R (14)

Neutral zone

-58.3Range
CCI (20)

Balanced zone

91.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.4801 (0.83%)Bullish
Bollinger Bands (20,2)

Width 2.61%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.52 / $56.38Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.46 / $58.42Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

77.9Bullish
OBV slope

20-period OBV slope

80.38%Bullish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.14Range
Support

Nearest Downside Decision Level

$56.13Range

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