US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 monthBearish74%
Monthly Downside probability 74%Bearish

EDU 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $54.33 and stabilize above resistance $98.1.

Invalidation Trigger

Break above $98.1 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 43.7, MACD -0.187

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $8.47 (18.31%)

Monthly

EMA Structure

Bearish
EMA 8$51.52Bearish
EMA 21$54.33Bearish
EMA 50$59.38Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.7 · MACD -0.187

Momentum is weak

Strength
Bearish
Volatility
ATR $8.47 · BB 41.39%

High volatility

Strength
Bearish
Volume
MFI 58.3 · OBV -54.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$40.7 - $98.1

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+130.41% · 7.1 ATR above latest close

$106.57
Nearest resistance

+112.11% · 6.1 ATR above · 34-bar high

$98.1
Current price

Price shown is delayed

$46.25
Nearest support

-12.01% · 0.7 ATR below · 34-bar low

$40.7
Deeper support zone

-30.32% · 1.7 ATR below latest close

$32.23
ATR zone

Latest close ± ATR14

$37.78 - $54.72

Indicators

Trend

Dow Theory Structure

Confirmation $64.95, invalidation $41.75

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

Trend strength is active

22.3 / 24.4 / 12.7Bullish
Supertrend (10,3)

Price is above Supertrend

$20.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.81 / $53.3Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

High volatility

$8.47 (18.31%)Bearish
Bollinger Bands (20,2)

Width 41.39%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$71.15 / $37.09Bearish
ATR channel lower / upper

Current Volatility Envelope

$37.78 / $54.72Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.1Range
Support

Nearest Downside Decision Level

$40.7Range

Momentum

RSI (14)

Momentum is weak

43.7Bearish
MACD (12,26,9)

Histogram is negative

-0.187Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.4 / 32.8Bearish
Williams %R (14)

Oversold zone

-80.6Bullish
CCI (20)

Weak expansion

-103.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.3Bullish
OBV slope

20-period OBV slope

-54.57%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $64.95, invalidation $41.75

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

Trend strength is active

22.3 / 24.4 / 12.7Bullish
Supertrend (10,3)

Price is above Supertrend

$20.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.81 / $53.3Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

43.7Bearish
MACD (12,26,9)

Histogram is negative

-0.187Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.4 / 32.8Bearish
Williams %R (14)

Oversold zone

-80.6Bullish
CCI (20)

Weak expansion

-103.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$8.47 (18.31%)Bearish
Bollinger Bands (20,2)

Width 41.39%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$71.15 / $37.09Bearish
ATR channel lower / upper

Current Volatility Envelope

$37.78 / $54.72Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.3Bullish
OBV slope

20-period OBV slope

-54.57%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.1Range
Support

Nearest Downside Decision Level

$40.7Range

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