US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 monthBullish86%
Monthly Upside probability 86%Bullish

EDU 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $40.66 and reclaim $98.2.

Invalidation Trigger

Lose $40.66 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 50.8, MACD 0.456

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $8.92 (15.81%)

Monthly

EMA Structure

Bearish
EMA 8$53.82Bullish
EMA 21$54.68Bullish
EMA 50$62.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD 0.456

Neutral zone

Strength
Bullish
Volatility
ATR $8.92 · BB 37.48%

High volatility

Strength
Bearish
Volume
MFI 56.7 · OBV 6.60%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$40.66 - $98.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+89.83% · 5.7 ATR above latest close

$107.12
Nearest resistance

+74.02% · 4.7 ATR above · 34-bar high

$98.2
Current price

Price shown is delayed

$56.43
Nearest support

-27.95% · 1.8 ATR below · 34-bar low

$40.66
Deeper support zone

-43.76% · 2.8 ATR below latest close

$31.74
ATR zone

Latest close ± ATR14

$47.51 - $65.35

Indicators

Trend

Dow Theory Structure

Confirmation $64.97, invalidation $44.25

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

Trend strength is active

22.6 / 27.5 / 12.0Bullish
Supertrend (10,3)

Price is above Supertrend

$31.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.29 / $53.75Bearish
Donchian Channel (20)

20-period breakout channel position

65%Bearish

Volatility

ATR (14)

High volatility

$8.92 (15.81%)Bearish
Bollinger Bands (20,2)

Width 37.48%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$72.03 / $37.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$47.51 / $65.35Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.2Range
Support

Nearest Downside Decision Level

$40.66Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is positive

0.456Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.4 / 51.9Bullish
Williams %R (14)

Neutral zone

-36.6Range
CCI (20)

Balanced zone

96.8Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

6.60%Bullish
Volume ratio

Relative to 20-period average volume

0.19xBearish

Trend

Dow Theory Structure

Confirmation $64.97, invalidation $44.25

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

Trend strength is active

22.6 / 27.5 / 12.0Bullish
Supertrend (10,3)

Price is above Supertrend

$31.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.29 / $53.75Bearish
Donchian Channel (20)

20-period breakout channel position

65%Bearish

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is positive

0.456Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.4 / 51.9Bullish
Williams %R (14)

Neutral zone

-36.6Range
CCI (20)

Balanced zone

96.8Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$8.92 (15.81%)Bearish
Bollinger Bands (20,2)

Width 37.48%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$72.03 / $37.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$47.51 / $65.35Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

6.60%Bullish
Volume ratio

Relative to 20-period average volume

0.19xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.2Range
Support

Nearest Downside Decision Level

$40.66Range

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