US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 monthBullish88%
Monthly Upside probability 88%Bullish

EDU 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $40.66 and reclaim $98.2.

Invalidation Trigger

Lose $40.66 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 51.7, MACD 0.754

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $8.52 (14.76%)

Monthly

EMA Structure

Range
EMA 8$55.11Bullish
EMA 21$55.1Bullish
EMA 50$62.27Bearish

Signals

CategoryReadStrength
Momentum
RSI 51.7 · MACD 0.754

Neutral zone

Strength
Bullish
Volatility
ATR $8.52 · BB 37.44%

High volatility

Strength
Bearish
Volume
MFI 60.5 · OBV 132.50%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$40.66 - $98.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+84.86% · 5.7 ATR above latest close

$106.72
Nearest resistance

+70.1% · 4.7 ATR above · 34-bar high

$98.2
Current price

Price shown is delayed

$57.73
Nearest support

-29.57% · 2.0 ATR below · 34-bar low

$40.66
Deeper support zone

-44.33% · 3.0 ATR below latest close

$32.14
ATR zone

Latest close ± ATR14

$49.21 - $66.25

Indicators

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $44.25

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

Trend strength is active

25.4 / 28.8 / 9.8Bullish
Supertrend (10,3)

Price is above Supertrend

$30.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.29 / $57.61Bearish
Donchian Channel (20)

20-period breakout channel position

70%Bearish

Volatility

ATR (14)

High volatility

$8.52 (14.76%)Bearish
Bollinger Bands (20,2)

Width 37.44%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$72.1 / $37.98Bearish
ATR channel lower / upper

Current Volatility Envelope

$49.21 / $66.25Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.2Range
Support

Nearest Downside Decision Level

$40.66Range

Momentum

RSI (14)

Neutral zone

51.7Range
MACD (12,26,9)

Histogram is positive

0.754Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.1 / 62.9Bullish
Williams %R (14)

Neutral zone

-34.9Range
CCI (20)

Balanced zone

69.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.5Bullish
OBV slope

20-period OBV slope

132.50%Bullish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $44.25

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

Trend strength is active

25.4 / 28.8 / 9.8Bullish
Supertrend (10,3)

Price is above Supertrend

$30.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.29 / $57.61Bearish
Donchian Channel (20)

20-period breakout channel position

70%Bearish

Momentum

RSI (14)

Neutral zone

51.7Range
MACD (12,26,9)

Histogram is positive

0.754Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.1 / 62.9Bullish
Williams %R (14)

Neutral zone

-34.9Range
CCI (20)

Balanced zone

69.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$8.52 (14.76%)Bearish
Bollinger Bands (20,2)

Width 37.44%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$72.1 / $37.98Bearish
ATR channel lower / upper

Current Volatility Envelope

$49.21 / $66.25Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.5Bullish
OBV slope

20-period OBV slope

132.50%Bullish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.2Range
Support

Nearest Downside Decision Level

$40.66Range

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