US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 weekBullish87%
Weekly Upside probability 87%Bullish

EDU 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $44.25 and reclaim $64.97.

Invalidation Trigger

Lose $44.25 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 53.6, MACD 0.901

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.85 (6.93%)

Weekly

EMA Structure

Bullish
EMA 8$55.51Bullish
EMA 21$53.67Bullish
EMA 50$53.49Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.6 · MACD 0.901

Neutral zone

Strength
Bullish
Volatility
ATR $3.85 · BB 38.09%

High volatility

Strength
Bearish
Volume
MFI 75.5 · OBV 2.11%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$44.25 - $64.97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+23.85% · 3.4 ATR above latest close

$68.82
Nearest resistance

+16.92% · 2.4 ATR above · 34-bar high

$64.97
Current price

Price shown is delayed

$55.57
Nearest support

-20.37% · 2.9 ATR below · 34-bar low

$44.25
Deeper support zone

-27.3% · 3.9 ATR below latest close

$40.4
ATR zone

Latest close ± ATR14

$51.72 - $59.42

Indicators

Trend

Dow Theory Structure

Confirmation $44.25, invalidation $60.23

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.8 / 33.9 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$43.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.27 / $54.61Bullish
Donchian Channel (20)

20-period breakout channel position

70%Range

Volatility

ATR (14)

High volatility

$3.85 (6.93%)Bearish
Bollinger Bands (20,2)

Width 38.09%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$62.49 / $44.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$51.72 / $59.42Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.97Range
Support

Nearest Downside Decision Level

$44.25Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.901Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.9 / 78.5Bearish
Williams %R (14)

Neutral zone

-30.1Range
CCI (20)

Balanced zone

70.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

75.5Bullish
OBV slope

20-period OBV slope

2.11%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $44.25, invalidation $60.23

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.8 / 33.9 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$43.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.27 / $54.61Bullish
Donchian Channel (20)

20-period breakout channel position

70%Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.901Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.9 / 78.5Bearish
Williams %R (14)

Neutral zone

-30.1Range
CCI (20)

Balanced zone

70.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$3.85 (6.93%)Bearish
Bollinger Bands (20,2)

Width 38.09%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$62.49 / $44.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$51.72 / $59.42Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

75.5Bullish
OBV slope

20-period OBV slope

2.11%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.97Range
Support

Nearest Downside Decision Level

$44.25Range

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