US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 hourBearish79%
1h Downside probability 79%Bearish

EDU 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $55.82 and stabilize above resistance $57.15.

Invalidation Trigger

Break above $57.15 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.2, MACD -0.020

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2457 (0.44%)

1h

EMA Structure

Bearish
EMA 8$55.65Bearish
EMA 21$55.82Bearish
EMA 50$56.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.2 · MACD -0.020

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2457 · BB 1.75%

Low volatility

Strength
Bullish
Volume
MFI 71.3 · OBV -1.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$55.51 - $57.15

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.28% · 7.4 ATR above latest close

$57.39
Nearest resistance

+2.83% · 6.4 ATR above · 34-bar high

$57.15
Current price

Price shown is delayed

$55.57
Nearest support

-0.11% · 0.2 ATR below · 34-bar low

$55.51
Deeper support zone

-0.55% · 1.2 ATR below latest close

$55.26
ATR zone

Latest close ± ATR14

$55.32 - $55.82

Indicators

Trend

Dow Theory Structure

Confirmation $55.51, invalidation $55.74

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

Trend strength is active

22.2 / 23.7 / 14.6Bullish
Supertrend (10,3)

Price is above Supertrend

$54.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.01 / $55.81Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Low volatility

$0.2457 (0.44%)Bullish
Bollinger Bands (20,2)

Width 1.75%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.3 / $55.32Bullish
ATR channel lower / upper

Current Volatility Envelope

$55.32 / $55.82Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.15Range
Support

Nearest Downside Decision Level

$55.51Range

Momentum

RSI (14)

Momentum is weak

41.2Bearish
MACD (12,26,9)

Histogram is negative

-0.020Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.7 / 15.5Bearish
Williams %R (14)

Oversold zone

-91.3Bullish
CCI (20)

Balanced zone

-85.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.3Bullish
OBV slope

20-period OBV slope

-1.31%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $55.51, invalidation $55.74

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

Trend strength is active

22.2 / 23.7 / 14.6Bullish
Supertrend (10,3)

Price is above Supertrend

$54.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.01 / $55.81Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

41.2Bearish
MACD (12,26,9)

Histogram is negative

-0.020Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.7 / 15.5Bearish
Williams %R (14)

Oversold zone

-91.3Bullish
CCI (20)

Balanced zone

-85.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.2457 (0.44%)Bullish
Bollinger Bands (20,2)

Width 1.75%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.3 / $55.32Bullish
ATR channel lower / upper

Current Volatility Envelope

$55.32 / $55.82Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

71.3Bullish
OBV slope

20-period OBV slope

-1.31%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.15Range
Support

Nearest Downside Decision Level

$55.51Range

Related Forecasts