US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 hourBullish71%
1h Upside probability 71%Bullish

EDU 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $55.55 and reclaim $57.39.

Invalidation Trigger

Lose $55.55 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 48.9, MACD 0.047

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4019 (0.71%)

1h

EMA Structure

Bearish
EMA 8$56.27Bullish
EMA 21$56.42Bullish
EMA 50$56.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.9 · MACD 0.047

Neutral zone

Strength
Bullish
Volatility
ATR $0.4019 · BB 2.56%

Low volatility

Strength
Bullish
Volume
MFI 70.3 · OBV 8.66%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$55.55 - $57.39

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.41% · 3.4 ATR above latest close

$57.79
Nearest resistance

+1.7% · 2.4 ATR above · 34-bar high

$57.39
Current price

Price shown is delayed

$56.43
Nearest support

-1.56% · 2.2 ATR below · 34-bar low

$55.55
Deeper support zone

-2.27% · 3.2 ATR below latest close

$55.15
ATR zone

Latest close ± ATR14

$56.03 - $56.83

Indicators

Trend

Dow Theory Structure

Confirmation $55.55, invalidation $56.6

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

Trend strength is moderate

12.9 / 33.0 / 31.6Bullish
Supertrend (10,3)

Price is above Supertrend

$55.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.27 / $57.97Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

Low volatility

$0.4019 (0.71%)Bullish
Bollinger Bands (20,2)

Width 2.56%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$57.28 / $55.53Bullish
ATR channel lower / upper

Current Volatility Envelope

$56.03 / $56.83Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.39Range
Support

Nearest Downside Decision Level

$55.55Range

Momentum

RSI (14)

Neutral zone

48.9Range
MACD (12,26,9)

Histogram is positive

0.047Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.8 / 55.1Bullish
Williams %R (14)

Neutral zone

-31.2Range
CCI (20)

Balanced zone

17.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

70.3Bullish
OBV slope

20-period OBV slope

8.66%Bullish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Trend

Dow Theory Structure

Confirmation $55.55, invalidation $56.6

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

Trend strength is moderate

12.9 / 33.0 / 31.6Bullish
Supertrend (10,3)

Price is above Supertrend

$55.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.27 / $57.97Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Neutral zone

48.9Range
MACD (12,26,9)

Histogram is positive

0.047Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.8 / 55.1Bullish
Williams %R (14)

Neutral zone

-31.2Range
CCI (20)

Balanced zone

17.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.4019 (0.71%)Bullish
Bollinger Bands (20,2)

Width 2.56%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$57.28 / $55.53Bullish
ATR channel lower / upper

Current Volatility Envelope

$56.03 / $56.83Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

70.3Bullish
OBV slope

20-period OBV slope

8.66%Bullish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.39Range
Support

Nearest Downside Decision Level

$55.55Range

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