US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

4 hoursBearish59%
4h Downside probability 59%Bearish

EDU 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $56.47 and stabilize above resistance $60.9.

Invalidation Trigger

Break above $60.9 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 51.5, MACD -0.311

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5943 (1.05%)

4h

EMA Structure

Range
EMA 8$56.41Bullish
EMA 21$56.47Bearish
EMA 50$54.85Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.5 · MACD -0.311

Neutral zone

Strength
Range
Volatility
ATR $0.5943 · BB 9.02%

Low volatility

Strength
Bullish
Volume
MFI 58.1 · OBV -4.79%

Relative to 20-period average volume

Strength
Range
Price Levels
$50.45 - $60.9

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.97% · 8.5 ATR above latest close

$61.49
Nearest resistance

+7.92% · 7.5 ATR above · 34-bar high

$60.9
Current price

Price shown is delayed

$56.43
Nearest support

-10.59% · 10.1 ATR below · 34-bar low

$50.45
Deeper support zone

-11.65% · 11.1 ATR below latest close

$49.86
ATR zone

Latest close ± ATR14

$55.84 - $57.02

Indicators

Trend

Dow Theory Structure

Confirmation $55.55, invalidation $57.39

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

Trend strength is active

33.6 / 33.2 / 27.6Bullish
Supertrend (10,3)

Price is above Supertrend

$54.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.16 / $54.4Bearish
Donchian Channel (20)

20-period breakout channel position

18%Range

Volatility

ATR (14)

Low volatility

$0.5943 (1.05%)Bullish
Bollinger Bands (20,2)

Width 9.02%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$57.64 / $55.37Bullish
ATR channel lower / upper

Current Volatility Envelope

$55.84 / $57.02Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.9Range
Support

Nearest Downside Decision Level

$50.45Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is negative

-0.311Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.8 / 30.0Bullish
Williams %R (14)

Neutral zone

-52.2Range
CCI (20)

Balanced zone

-48.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.1Bullish
OBV slope

20-period OBV slope

-4.79%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Trend

Dow Theory Structure

Confirmation $55.55, invalidation $57.39

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

Trend strength is active

33.6 / 33.2 / 27.6Bullish
Supertrend (10,3)

Price is above Supertrend

$54.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.16 / $54.4Bearish
Donchian Channel (20)

20-period breakout channel position

18%Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is negative

-0.311Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.8 / 30.0Bullish
Williams %R (14)

Neutral zone

-52.2Range
CCI (20)

Balanced zone

-48.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.5943 (1.05%)Bullish
Bollinger Bands (20,2)

Width 9.02%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$57.64 / $55.37Bullish
ATR channel lower / upper

Current Volatility Envelope

$55.84 / $57.02Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.1Bullish
OBV slope

20-period OBV slope

-4.79%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.9Range
Support

Nearest Downside Decision Level

$50.45Range

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