US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

3 monthsBullish54%
3M Upside probability 54%Bullish

EDU 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is below EMA21, short trend is weak

Confirmation Trigger

Hold above $8.4 and reclaim $199.74.

Invalidation Trigger

Lose $8.4 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

3M
Momentum StateBullish
Momentum improving

RSI 44.8, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $19.11 (33.1%)

3M

EMA Structure

Range
EMA 8$55.71Bullish
EMA 21$63.8Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 44.8 · MACD --

Momentum is weak

Strength
Bullish
Volatility
ATR $19.11 · BB 148.03%

High volatility

Strength
Bearish
Volume
MFI 42.2 · OBV 146.30%

Relative to 20-period average volume

Strength
Range
Price Levels
$8.4 - $199.74

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+279.09% · 8.4 ATR above latest close

$218.85
Nearest resistance

+245.99% · 7.4 ATR above · 30-bar high

$199.74
Current price

Price shown is delayed

$57.73
Nearest support

-85.45% · 2.6 ATR below · 30-bar low

$8.4
Deeper support zone

-118.55% · 3.6 ATR below latest close

-$10.71
ATR zone

Latest close ± ATR14

$38.62 - $76.84

Indicators

Trend

Dow Theory Structure

Confirmation $64.97, invalidation $44.25

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

Trend strength is active

28.7 / 22.9 / 13.2Bullish
Supertrend (10,3)

Price is above Supertrend

$5.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.02 / --Bearish
Donchian Channel (20)

20-period breakout channel position

55%Bearish

Volatility

ATR (14)

High volatility

$19.11 (33.1%)Bearish
Bollinger Bands (20,2)

Width 148.03%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$96.88 / $29.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.62 / $76.84Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$199.74Range
Support

Nearest Downside Decision Level

$8.4Range

Momentum

RSI (14)

Momentum is weak

44.8Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

31.5 / 27.4Bullish
Williams %R (14)

Neutral zone

-68.5Range
CCI (20)

Balanced zone

25.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.2Bearish
OBV slope

20-period OBV slope

146.30%Bullish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Trend

Dow Theory Structure

Confirmation $64.97, invalidation $44.25

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

Trend strength is active

28.7 / 22.9 / 13.2Bullish
Supertrend (10,3)

Price is above Supertrend

$5.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.02 / --Bearish
Donchian Channel (20)

20-period breakout channel position

55%Bearish

Momentum

RSI (14)

Momentum is weak

44.8Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

31.5 / 27.4Bullish
Williams %R (14)

Neutral zone

-68.5Range
CCI (20)

Balanced zone

25.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$19.11 (33.1%)Bearish
Bollinger Bands (20,2)

Width 148.03%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$96.88 / $29.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.62 / $76.84Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.2Bearish
OBV slope

20-period OBV slope

146.30%Bullish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$199.74Range
Support

Nearest Downside Decision Level

$8.4Range

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