US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

4 hoursBearish84%
4h Downside probability 84%Bearish

EDU 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $56.27 and stabilize above resistance $61.63.

Invalidation Trigger

Break above $61.63 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 20.1, MACD -0.945

4h
Volatility EnvironmentRange
Medium volatility

ATR is $1.53 (3.02%)

4h

EMA Structure

Bearish
EMA 8$53.64Bearish
EMA 21$56.27Bearish
EMA 50$57.42Bearish

Signals

CategoryReadStrength
Momentum
RSI 20.1 · MACD -0.945

Momentum is weak

Strength
Bearish
Volatility
ATR $1.53 · BB 21.50%

Medium volatility

Strength
Range
Volume
MFI 43.0 · OBV 4.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$49.2 - $61.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.8% · 8.2 ATR above latest close

$63.16
Nearest resistance

+21.78% · 7.2 ATR above · 34-bar high

$61.63
Current price

Price shown is delayed

$50.61
Nearest support

-2.78% · 0.9 ATR below · 34-bar low

$49.2
Deeper support zone

-5.8% · 1.9 ATR below latest close

$47.67
ATR zone

Latest close ± ATR14

$49.08 - $52.13

Indicators

Trend

Dow Theory Structure

Confirmation $49.2, invalidation $58.66

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

Trend strength is active

44.8 / 7.0 / 51.0Bearish
Supertrend (10,3)

Price is above Supertrend

$44.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.67 / $55.42Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

Medium volatility

$1.53 (3.02%)Range
Bollinger Bands (20,2)

Width 21.50%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$60 / $52.32Range
ATR channel lower / upper

Current Volatility Envelope

$49.08 / $52.13Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$61.63Range
Support

Nearest Downside Decision Level

$49.2Range

Momentum

RSI (14)

Momentum is weak

20.1Bearish
MACD (12,26,9)

Histogram is negative

-0.945Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.1 / 17.4Bearish
Williams %R (14)

Oversold zone

-85.9Bullish
CCI (20)

Weak expansion

-183.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.0Bearish
OBV slope

20-period OBV slope

4.94%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Trend

Dow Theory Structure

Confirmation $49.2, invalidation $58.66

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

Trend strength is active

44.8 / 7.0 / 51.0Bearish
Supertrend (10,3)

Price is above Supertrend

$44.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.67 / $55.42Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

20.1Bearish
MACD (12,26,9)

Histogram is negative

-0.945Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.1 / 17.4Bearish
Williams %R (14)

Oversold zone

-85.9Bullish
CCI (20)

Weak expansion

-183.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$1.53 (3.02%)Range
Bollinger Bands (20,2)

Width 21.50%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$60 / $52.32Range
ATR channel lower / upper

Current Volatility Envelope

$49.08 / $52.13Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.0Bearish
OBV slope

20-period OBV slope

4.94%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$61.63Range
Support

Nearest Downside Decision Level

$49.2Range

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