US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

EDU 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $54.03 and reclaim $57.84.

Invalidation Trigger

Lose $54.03 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 65.2, MACD 0.177

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6149 (1.07%)

4h

EMA Structure

Bullish
EMA 8$57.13Bullish
EMA 21$56.53Bullish
EMA 50$56.21Bullish

Signals

CategoryReadStrength
Momentum
RSI 65.2 · MACD 0.177

Momentum is strong

Strength
Bullish
Volatility
ATR $0.6149 · BB 6.53%

Low volatility

Strength
Bullish
Volume
MFI 66.7 · OBV 2.35%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$54.03 - $57.84

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.26% · 1.2 ATR above latest close

$58.45
Nearest resistance

+0.19% · 0.2 ATR above · 34-bar high

$57.84
Current price

Price shown is delayed

$57.73
Nearest support

-6.41% · 6.0 ATR below · 34-bar low

$54.03
Deeper support zone

-7.47% · 7.0 ATR below latest close

$53.42
ATR zone

Latest close ± ATR14

$57.12 - $58.34

Indicators

Trend

Dow Theory Structure

Confirmation $57.38, invalidation $56.02

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

Trend strength is active

26.4 / 36.8 / 24.5Bullish
Supertrend (10,3)

Price is above Supertrend

$55.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.41 / $56.41Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Volatility

ATR (14)

Low volatility

$0.6149 (1.07%)Bullish
Bollinger Bands (20,2)

Width 6.53%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$57.69 / $55.41Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.12 / $58.34Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.84Range
Support

Nearest Downside Decision Level

$54.03Range

Momentum

RSI (14)

Momentum is strong

65.2Bullish
MACD (12,26,9)

Histogram is positive

0.177Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

96.4 / 93.6Bullish
Williams %R (14)

Overbought zone

-3.6Bearish
CCI (20)

Strong expansion

120.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.7Bullish
OBV slope

20-period OBV slope

2.35%Bullish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Trend

Dow Theory Structure

Confirmation $57.38, invalidation $56.02

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

Trend strength is active

26.4 / 36.8 / 24.5Bullish
Supertrend (10,3)

Price is above Supertrend

$55.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.41 / $56.41Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Momentum

RSI (14)

Momentum is strong

65.2Bullish
MACD (12,26,9)

Histogram is positive

0.177Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

96.4 / 93.6Bullish
Williams %R (14)

Overbought zone

-3.6Bearish
CCI (20)

Strong expansion

120.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volatility

ATR (14)

Low volatility

$0.6149 (1.07%)Bullish
Bollinger Bands (20,2)

Width 6.53%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$57.69 / $55.41Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.12 / $58.34Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.7Bullish
OBV slope

20-period OBV slope

2.35%Bullish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.84Range
Support

Nearest Downside Decision Level

$54.03Range

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