US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

1 weekBullish65%
Weekly Upside probability 65%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 $61.63.

Invalidation Trigger

Lose $44.25 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 44.2, MACD 0.031

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $4.85 (9.57%)

Weekly

EMA Structure

Bullish
EMA 8$56.05Bearish
EMA 21$54.94Bearish
EMA 50$54.18Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.2 · MACD 0.031

Momentum is weak

Strength
Bearish
Volatility
ATR $4.85 · BB 35.76%

High volatility

Strength
Bearish
Volume
MFI 60.4 · OBV 3.62%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$44.25 - $61.63

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+31.08% · 3.2 ATR above latest close

$66.48
Nearest resistance

+21.51% · 2.2 ATR above · 34-bar high

$61.63
Current price

Price shown is delayed

$50.72
Nearest support

-12.76% · 1.3 ATR below · 34-bar low

$44.25
Deeper support zone

-22.33% · 2.3 ATR below latest close

$39.4
ATR zone

Latest close ± ATR14

$45.87 - $55.57

Indicators

Trend

Dow Theory Structure

Confirmation $58.92, invalidation $54.02

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

Trend strength is active

38.2 / 29.6 / 21.6Bullish
Supertrend (10,3)

Price is above Supertrend

$41.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.18 / $54.61Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

High volatility

$4.85 (9.57%)Bearish
Bollinger Bands (20,2)

Width 35.76%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.36 / $46.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$45.87 / $55.57Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$61.63Range
Support

Nearest Downside Decision Level

$44.25Range

Momentum

RSI (14)

Momentum is weak

44.2Bearish
MACD (12,26,9)

Histogram is positive

0.031Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.2 / 61.3Bearish
Williams %R (14)

Oversold zone

-87.8Bullish
CCI (20)

Balanced zone

-18.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

3.62%Bullish
Volume ratio

Relative to 20-period average volume

1.69xBullish

Trend

Dow Theory Structure

Confirmation $58.92, invalidation $54.02

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

Trend strength is active

38.2 / 29.6 / 21.6Bullish
Supertrend (10,3)

Price is above Supertrend

$41.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.18 / $54.61Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Momentum is weak

44.2Bearish
MACD (12,26,9)

Histogram is positive

0.031Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.2 / 61.3Bearish
Williams %R (14)

Oversold zone

-87.8Bullish
CCI (20)

Balanced zone

-18.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$4.85 (9.57%)Bearish
Bollinger Bands (20,2)

Width 35.76%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.36 / $46.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$45.87 / $55.57Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

3.62%Bullish
Volume ratio

Relative to 20-period average volume

1.69xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$61.63Range
Support

Nearest Downside Decision Level

$44.25Range

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