US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 hourBullish92%
1h Upside probability 92%Bullish

EDU 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $55.12 and reclaim $57.84.

Invalidation Trigger

Lose $55.12 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 62.9, MACD 0.004

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3507 (0.61%)

1h

EMA Structure

Bullish
EMA 8$57.45Bullish
EMA 21$57.11Bullish
EMA 50$56.57Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.9 · MACD 0.004

Momentum is strong

Strength
Bullish
Volatility
ATR $0.3507 · BB 1.79%

Low volatility

Strength
Bullish
Volume
MFI 73.8 · OBV 6.45%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$55.12 - $57.84

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+0.8% · 1.3 ATR above latest close

$58.19
Nearest resistance

+0.19% · 0.3 ATR above · 34-bar high

$57.84
Current price

Price shown is delayed

$57.73
Nearest support

-4.52% · 7.4 ATR below · 34-bar low

$55.12
Deeper support zone

-5.13% · 8.4 ATR below latest close

$54.77
ATR zone

Latest close ± ATR14

$57.38 - $58.08

Indicators

Trend

Dow Theory Structure

Confirmation $57.7, invalidation $56.75

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

Trend strength is moderate

14.8 / 25.3 / 35.2Bearish
Supertrend (10,3)

Price is above Supertrend

$56.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.09 / $56.19Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Volatility

ATR (14)

Low volatility

$0.3507 (0.61%)Bullish
Bollinger Bands (20,2)

Width 1.79%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$57.76 / $56.5Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.38 / $58.08Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.84Range
Support

Nearest Downside Decision Level

$55.12Range

Momentum

RSI (14)

Momentum is strong

62.9Bullish
MACD (12,26,9)

Histogram is positive

0.004Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.0 / 89.9Bullish
Williams %R (14)

Overbought zone

-6.0Bearish
CCI (20)

Strong expansion

190.4Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.8Bullish
OBV slope

20-period OBV slope

6.45%Bullish
Volume ratio

Relative to 20-period average volume

0.47xBearish

Trend

Dow Theory Structure

Confirmation $57.7, invalidation $56.75

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

Trend strength is moderate

14.8 / 25.3 / 35.2Bearish
Supertrend (10,3)

Price is above Supertrend

$56.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.09 / $56.19Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Momentum

RSI (14)

Momentum is strong

62.9Bullish
MACD (12,26,9)

Histogram is positive

0.004Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.0 / 89.9Bullish
Williams %R (14)

Overbought zone

-6.0Bearish
CCI (20)

Strong expansion

190.4Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$0.3507 (0.61%)Bullish
Bollinger Bands (20,2)

Width 1.79%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$57.76 / $56.5Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.38 / $58.08Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

73.8Bullish
OBV slope

20-period OBV slope

6.45%Bullish
Volume ratio

Relative to 20-period average volume

0.47xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.84Range
Support

Nearest Downside Decision Level

$55.12Range

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