US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

EDU 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $49.48 and stabilize above resistance $50.98.

Invalidation Trigger

Break above $50.98 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 42.8, MACD -0.072

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2411 (0.49%)

1h

EMA Structure

Range
EMA 8$49.29Bearish
EMA 21$49.48Bearish
EMA 50$49.35Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.8 · MACD -0.072

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2411 · BB 2.97%

Low volatility

Strength
Bullish
Volume
MFI 21.8 · OBV -19.79%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$49.07 - $50.98

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.21% · 8.6 ATR above latest close

$51.22
Nearest resistance

+3.72% · 7.6 ATR above · 34-bar high

$50.98
Current price

Price shown is delayed

$49.15
Nearest support

-0.16% · 0.3 ATR below · 34-bar low

$49.07
Deeper support zone

-0.65% · 1.3 ATR below latest close

$48.83
ATR zone

Latest close ± ATR14

$48.91 - $49.39

Indicators

Trend

Dow Theory Structure

Confirmation $49.07, invalidation $49.75

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

Trend strength is moderate

15.0 / 23.3 / 25.1Bearish
Supertrend (10,3)

Price is above Supertrend

$48.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.72 / $49.73Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$0.2411 (0.49%)Bullish
Bollinger Bands (20,2)

Width 2.97%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.99 / $48.95Bullish
ATR channel lower / upper

Current Volatility Envelope

$48.91 / $49.39Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.98Range
Support

Nearest Downside Decision Level

$49.07Range

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is negative

-0.072Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.5 / 15.6Bearish
Williams %R (14)

Oversold zone

-90.5Bullish
CCI (20)

Balanced zone

-97.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

21.8Bearish
OBV slope

20-period OBV slope

-19.79%Bearish
Volume ratio

Relative to 20-period average volume

2.27xBullish

Trend

Dow Theory Structure

Confirmation $49.07, invalidation $49.75

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

Trend strength is moderate

15.0 / 23.3 / 25.1Bearish
Supertrend (10,3)

Price is above Supertrend

$48.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.72 / $49.73Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is negative

-0.072Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.5 / 15.6Bearish
Williams %R (14)

Oversold zone

-90.5Bullish
CCI (20)

Balanced zone

-97.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.2411 (0.49%)Bullish
Bollinger Bands (20,2)

Width 2.97%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.99 / $48.95Bullish
ATR channel lower / upper

Current Volatility Envelope

$48.91 / $49.39Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

21.8Bearish
OBV slope

20-period OBV slope

-19.79%Bearish
Volume ratio

Relative to 20-period average volume

2.27xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.98Range
Support

Nearest Downside Decision Level

$49.07Range

Related Forecasts