US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 weekBearish85%
Weekly Downside probability 85%Bearish

EDU 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $51.03 and stabilize above resistance $64.95.

Invalidation Trigger

Break above $64.95 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 39.2, MACD -1.052

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.74 (8.09%)

Weekly

EMA Structure

Bearish
EMA 8$47.76Bearish
EMA 21$51.03Bearish
EMA 50$52.96Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.2 · MACD -1.052

Momentum is weak

Strength
Bearish
Volatility
ATR $3.74 · BB 36.32%

High volatility

Strength
Bearish
Volume
MFI 39.5 · OBV -3.10%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$44.26 - $64.95

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+48.52% · 6.0 ATR above latest close

$68.69
Nearest resistance

+40.43% · 5.0 ATR above · 34-bar high

$64.95
Current price

Price shown is delayed

$46.25
Nearest support

-4.31% · 0.5 ATR below · 34-bar low

$44.26
Deeper support zone

-12.4% · 1.5 ATR below latest close

$40.52
ATR zone

Latest close ± ATR14

$42.51 - $49.99

Indicators

Trend

Dow Theory Structure

Confirmation $59.83, invalidation $51.19

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

Trend strength is active

23.2 / 8.7 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$34.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.51 / $53.35Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

High volatility

$3.74 (8.09%)Bearish
Bollinger Bands (20,2)

Width 36.32%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.18 / $43.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$42.51 / $49.99Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.95Range
Support

Nearest Downside Decision Level

$44.26Range

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-1.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.8 / 9.7Bullish
Williams %R (14)

Oversold zone

-87.2Bullish
CCI (20)

Weak expansion

-121.7Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.5Bearish
OBV slope

20-period OBV slope

-3.10%Bearish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Trend

Dow Theory Structure

Confirmation $59.83, invalidation $51.19

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

Trend strength is active

23.2 / 8.7 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$34.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.51 / $53.35Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-1.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.8 / 9.7Bullish
Williams %R (14)

Oversold zone

-87.2Bullish
CCI (20)

Weak expansion

-121.7Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$3.74 (8.09%)Bearish
Bollinger Bands (20,2)

Width 36.32%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.18 / $43.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$42.51 / $49.99Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.5Bearish
OBV slope

20-period OBV slope

-3.10%Bearish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.95Range
Support

Nearest Downside Decision Level

$44.26Range

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