US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

4 hoursBearish54%
4h Downside probability 54%Bearish

EDU 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $45.67 and stabilize above resistance $47.52.

Invalidation Trigger

Break above $47.52 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 52.4, MACD 0.116

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6414 (1.39%)

4h

EMA Structure

Bearish
EMA 8$45.49Bullish
EMA 21$45.67Bullish
EMA 50$46.86Bearish

Signals

CategoryReadStrength
Momentum
RSI 52.4 · MACD 0.116

Neutral zone

Strength
Bullish
Volatility
ATR $0.6414 · BB 7.10%

Low volatility

Strength
Bullish
Volume
MFI 43.9 · OBV -26.23%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$44.26 - $47.52

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.42% · 3.2 ATR above latest close

$48.16
Nearest resistance

+3.02% · 2.2 ATR above · 34-bar high

$47.52
Current price

Price shown is delayed

$46.12
Nearest support

-4.04% · 2.9 ATR below · 34-bar low

$44.26
Deeper support zone

-5.43% · 3.9 ATR below latest close

$43.61
ATR zone

Latest close ± ATR14

$45.48 - $46.76

Indicators

Trend

Dow Theory Structure

Confirmation $44.26, invalidation $45.63

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

Trend strength is moderate

20.7 / 24.4 / 30.6Bearish
Supertrend (10,3)

Price is above Supertrend

$44.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.61 / $47.44Bearish
Donchian Channel (20)

20-period breakout channel position

57%Range

Volatility

ATR (14)

Low volatility

$0.6414 (1.39%)Bullish
Bollinger Bands (20,2)

Width 7.10%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$46.93 / $44.36Bullish
ATR channel lower / upper

Current Volatility Envelope

$45.48 / $46.76Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.52Range
Support

Nearest Downside Decision Level

$44.26Range

Momentum

RSI (14)

Neutral zone

52.4Range
MACD (12,26,9)

Histogram is positive

0.116Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.2 / 56.6Bullish
Williams %R (14)

Overbought zone

-15.8Bearish
CCI (20)

Balanced zone

39.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.9Bearish
OBV slope

20-period OBV slope

-26.23%Bearish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Trend

Dow Theory Structure

Confirmation $44.26, invalidation $45.63

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

Trend strength is moderate

20.7 / 24.4 / 30.6Bearish
Supertrend (10,3)

Price is above Supertrend

$44.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.61 / $47.44Bearish
Donchian Channel (20)

20-period breakout channel position

57%Range

Momentum

RSI (14)

Neutral zone

52.4Range
MACD (12,26,9)

Histogram is positive

0.116Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.2 / 56.6Bullish
Williams %R (14)

Overbought zone

-15.8Bearish
CCI (20)

Balanced zone

39.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.6414 (1.39%)Bullish
Bollinger Bands (20,2)

Width 7.10%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$46.93 / $44.36Bullish
ATR channel lower / upper

Current Volatility Envelope

$45.48 / $46.76Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.9Bearish
OBV slope

20-period OBV slope

-26.23%Bearish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.52Range
Support

Nearest Downside Decision Level

$44.26Range

Related Forecasts