US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 hourBullish78%
1h Upside probability 78%Bullish

EDU 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $44.26 and reclaim $46.41.

Invalidation Trigger

Lose $44.26 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 61.2, MACD 0.169

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3318 (0.72%)

1h

EMA Structure

Bullish
EMA 8$45.91Bullish
EMA 21$45.52Bullish
EMA 50$45.51Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.2 · MACD 0.169

Momentum is strong

Strength
Bullish
Volatility
ATR $0.3318 · BB 5.09%

Low volatility

Strength
Bullish
Volume
MFI 42.5 · OBV -2.15%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$44.26 - $46.41

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.34% · 1.9 ATR above latest close

$46.74
Nearest resistance

+0.62% · 0.9 ATR above · 34-bar high

$46.41
Current price

Price shown is delayed

$46.12
Nearest support

-4.04% · 5.6 ATR below · 34-bar low

$44.26
Deeper support zone

-4.76% · 6.6 ATR below latest close

$43.92
ATR zone

Latest close ± ATR14

$45.79 - $46.45

Indicators

Trend

Dow Theory Structure

Confirmation $45.1, invalidation $44.61

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

Trend strength is moderate

14.8 / 46.4 / 41.4Bullish
Supertrend (10,3)

Price is above Supertrend

$45.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.42 / $45.48Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

Low volatility

$0.3318 (0.72%)Bullish
Bollinger Bands (20,2)

Width 5.09%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$46.11 / $44.96Bullish
ATR channel lower / upper

Current Volatility Envelope

$45.79 / $46.45Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$46.41Range
Support

Nearest Downside Decision Level

$44.26Range

Momentum

RSI (14)

Momentum is strong

61.2Bullish
MACD (12,26,9)

Histogram is positive

0.169Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.7 / 95.4Bearish
Williams %R (14)

Overbought zone

-13.3Bearish
CCI (20)

Strong expansion

109.1Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

-2.15%Bearish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $45.1, invalidation $44.61

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

Trend strength is moderate

14.8 / 46.4 / 41.4Bullish
Supertrend (10,3)

Price is above Supertrend

$45.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.42 / $45.48Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

61.2Bullish
MACD (12,26,9)

Histogram is positive

0.169Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.7 / 95.4Bearish
Williams %R (14)

Overbought zone

-13.3Bearish
CCI (20)

Strong expansion

109.1Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$0.3318 (0.72%)Bullish
Bollinger Bands (20,2)

Width 5.09%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$46.11 / $44.96Bullish
ATR channel lower / upper

Current Volatility Envelope

$45.79 / $46.45Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

-2.15%Bearish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$46.41Range
Support

Nearest Downside Decision Level

$44.26Range

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