US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 hourBearish85%
1h Downside probability 85%Bearish

EDU 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $53.38 and stabilize above resistance $58.91.

Invalidation Trigger

Break above $58.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 24.3, MACD -0.206

1h
Volatility EnvironmentRange
Medium volatility

ATR is $1.59 (3.13%)

1h

EMA Structure

Bearish
EMA 8$51.3Bearish
EMA 21$53.38Bearish
EMA 50$55.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 24.3 · MACD -0.206

Momentum is weak

Strength
Bearish
Volatility
ATR $1.59 · BB 25.03%

Medium volatility

Strength
Range
Volume
MFI 40.5 · OBV 2.78%

Relative to 20-period average volume

Strength
Range
Price Levels
$49.2 - $58.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.54% · 6.2 ATR above latest close

$60.5
Nearest resistance

+16.41% · 5.2 ATR above · 34-bar high

$58.91
Current price

Price shown is delayed

$50.61
Nearest support

-2.78% · 0.9 ATR below · 34-bar low

$49.2
Deeper support zone

-5.91% · 1.9 ATR below latest close

$47.61
ATR zone

Latest close ± ATR14

$49.02 - $52.19

Indicators

Trend

Dow Theory Structure

Confirmation $55, invalidation $50.53

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

Trend strength is active

43.9 / 21.0 / 48.3Bearish
Supertrend (10,3)

Price is above Supertrend

$46.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.12 / $54.35Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Medium volatility

$1.59 (3.13%)Range
Bollinger Bands (20,2)

Width 25.03%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$55.78 / $50.71Range
ATR channel lower / upper

Current Volatility Envelope

$49.02 / $52.19Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$58.91Range
Support

Nearest Downside Decision Level

$49.2Range

Momentum

RSI (14)

Momentum is weak

24.3Bearish
MACD (12,26,9)

Histogram is negative

-0.206Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.1 / 15.9Bearish
Williams %R (14)

Oversold zone

-84.9Bullish
CCI (20)

Balanced zone

-69.3Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

2.78%Bullish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Trend

Dow Theory Structure

Confirmation $55, invalidation $50.53

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

Trend strength is active

43.9 / 21.0 / 48.3Bearish
Supertrend (10,3)

Price is above Supertrend

$46.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.12 / $54.35Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

24.3Bearish
MACD (12,26,9)

Histogram is negative

-0.206Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.1 / 15.9Bearish
Williams %R (14)

Oversold zone

-84.9Bullish
CCI (20)

Balanced zone

-69.3Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$1.59 (3.13%)Range
Bollinger Bands (20,2)

Width 25.03%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$55.78 / $50.71Range
ATR channel lower / upper

Current Volatility Envelope

$49.02 / $52.19Range

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

2.78%Bullish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$58.91Range
Support

Nearest Downside Decision Level

$49.2Range

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