US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 monthBearish65%
Monthly Downside probability 65%Bearish

EDU 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $53.62 and stabilize above resistance $98.2.

Invalidation Trigger

Break above $98.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 46.1, MACD -0.421

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $8.67 (17.65%)

Monthly

EMA Structure

Bearish
EMA 8$50.92Bearish
EMA 21$53.62Bearish
EMA 50$62.58Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.1 · MACD -0.421

Neutral zone

Strength
Bearish
Volatility
ATR $8.67 · BB 40.93%

High volatility

Strength
Bearish
Volume
MFI 57.7 · OBV -28.40%

Relative to 20-period average volume

Strength
Range
Price Levels
$40.66 - $98.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+117.45% · 6.7 ATR above latest close

$106.87
Nearest resistance

+99.8% · 5.7 ATR above · 34-bar high

$98.2
Current price

Price shown is delayed

$49.15
Nearest support

-17.27% · 1.0 ATR below · 34-bar low

$40.66
Deeper support zone

-34.92% · 2.0 ATR below latest close

$31.99
ATR zone

Latest close ± ATR14

$40.48 - $57.82

Indicators

Trend

Dow Theory Structure

Confirmation $64.97, invalidation $41.62

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

21.2 / 25.1 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$23.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.29 / $53.75Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Volatility

ATR (14)

High volatility

$8.67 (17.65%)Bearish
Bollinger Bands (20,2)

Width 40.93%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$70.12 / $36.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$40.48 / $57.82Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.2Range
Support

Nearest Downside Decision Level

$40.66Range

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is negative

-0.421Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.2 / 23.9Bullish
Williams %R (14)

Neutral zone

-67.8Range
CCI (20)

Balanced zone

-59.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.7Bullish
OBV slope

20-period OBV slope

-28.40%Bearish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Trend

Dow Theory Structure

Confirmation $64.97, invalidation $41.62

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

21.2 / 25.1 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$23.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.29 / $53.75Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is negative

-0.421Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.2 / 23.9Bullish
Williams %R (14)

Neutral zone

-67.8Range
CCI (20)

Balanced zone

-59.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$8.67 (17.65%)Bearish
Bollinger Bands (20,2)

Width 40.93%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$70.12 / $36.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$40.48 / $57.82Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.7Bullish
OBV slope

20-period OBV slope

-28.40%Bearish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.2Range
Support

Nearest Downside Decision Level

$40.66Range

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