US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

EDU 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $52.92 and reclaim $59.14.

Invalidation Trigger

Lose $52.92 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 62.6, MACD 0.060

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5619 (0.97%)

4h

EMA Structure

Bullish
EMA 8$57.58Bullish
EMA 21$56.86Bullish
EMA 50$55.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.6 · MACD 0.060

Momentum is strong

Strength
Bullish
Volatility
ATR $0.5619 · BB 6.33%

Low volatility

Strength
Bullish
Volume
MFI 72.9 · OBV 6.69%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$52.92 - $59.14

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.04% · 3.1 ATR above latest close

$59.7
Nearest resistance

+2.07% · 2.1 ATR above · 34-bar high

$59.14
Current price

Price shown is delayed

$57.94
Nearest support

-8.67% · 8.9 ATR below · 34-bar low

$52.92
Deeper support zone

-9.64% · 9.9 ATR below latest close

$52.35
ATR zone

Latest close ± ATR14

$57.38 - $58.5

Indicators

Trend

Dow Theory Structure

Confirmation $59.14, invalidation $57.1

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

18.0 / 38.4 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.42 / $55.61Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Volatility

ATR (14)

Low volatility

$0.5619 (0.97%)Bullish
Bollinger Bands (20,2)

Width 6.33%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.18 / $55.63Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.38 / $58.5Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.14Range
Support

Nearest Downside Decision Level

$52.92Range

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is positive

0.060Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.1 / 65.1Bearish
Williams %R (14)

Neutral zone

-39.9Range
CCI (20)

Strong expansion

103.0Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.9Bullish
OBV slope

20-period OBV slope

6.69%Bullish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Trend

Dow Theory Structure

Confirmation $59.14, invalidation $57.1

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

18.0 / 38.4 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.42 / $55.61Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is positive

0.060Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.1 / 65.1Bearish
Williams %R (14)

Neutral zone

-39.9Range
CCI (20)

Strong expansion

103.0Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.5619 (0.97%)Bullish
Bollinger Bands (20,2)

Width 6.33%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.18 / $55.63Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.38 / $58.5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

72.9Bullish
OBV slope

20-period OBV slope

6.69%Bullish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.14Range
Support

Nearest Downside Decision Level

$52.92Range

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