US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 weekBullish88%
Weekly Upside probability 88%Bullish

EDU 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $44.25 and reclaim $64.97.

Invalidation Trigger

Lose $44.25 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 58.7, MACD 1.169

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.74 (6.45%)

Weekly

EMA Structure

Range
EMA 8$54.03Bullish
EMA 21$52.53Bullish
EMA 50$53.02Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.7 · MACD 1.169

Momentum is strong

Strength
Bullish
Volatility
ATR $3.74 · BB 36.27%

High volatility

Strength
Bearish
Volume
MFI 67.6 · OBV 0.60%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$44.25 - $64.97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+18.59% · 2.9 ATR above latest close

$68.71
Nearest resistance

+12.13% · 1.9 ATR above · 34-bar high

$64.97
Current price

Price shown is delayed

$57.94
Nearest support

-23.63% · 3.7 ATR below · 34-bar low

$44.25
Deeper support zone

-30.08% · 4.7 ATR below latest close

$40.51
ATR zone

Latest close ± ATR14

$54.2 - $61.68

Indicators

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $44.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

29.9 / 33.9 / 11.3Bullish
Supertrend (10,3)

Price is above Supertrend

$45.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.68 / $54.61Bullish
Donchian Channel (20)

20-period breakout channel position

85%Range

Volatility

ATR (14)

High volatility

$3.74 (6.45%)Bearish
Bollinger Bands (20,2)

Width 36.27%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.86 / $44.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$54.2 / $61.68Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.97Range
Support

Nearest Downside Decision Level

$44.25Range

Momentum

RSI (14)

Momentum is strong

58.7Bullish
MACD (12,26,9)

Histogram is positive

1.169Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.5 / 69.0Bullish
Williams %R (14)

Overbought zone

-15.5Bearish
CCI (20)

Strong expansion

110.7Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.6Bullish
OBV slope

20-period OBV slope

0.60%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $44.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

29.9 / 33.9 / 11.3Bullish
Supertrend (10,3)

Price is above Supertrend

$45.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.68 / $54.61Bullish
Donchian Channel (20)

20-period breakout channel position

85%Range

Momentum

RSI (14)

Momentum is strong

58.7Bullish
MACD (12,26,9)

Histogram is positive

1.169Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.5 / 69.0Bullish
Williams %R (14)

Overbought zone

-15.5Bearish
CCI (20)

Strong expansion

110.7Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$3.74 (6.45%)Bearish
Bollinger Bands (20,2)

Width 36.27%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.86 / $44.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$54.2 / $61.68Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.6Bullish
OBV slope

20-period OBV slope

0.60%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.97Range
Support

Nearest Downside Decision Level

$44.25Range

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