US stock / ETF

New Oriental Education and Technology Group, Inc.

EDU · NYSE · USD

4 hoursBearish66%
4h Downside probability 66%Bearish

EDU 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $49.21 and stabilize above resistance $50.98.

Invalidation Trigger

Break above $50.98 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 51.6, MACD -0.156

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5736 (1.17%)

4h

EMA Structure

Bullish
EMA 8$49.36Bearish
EMA 21$49.21Bearish
EMA 50$48.41Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.6 · MACD -0.156

Neutral zone

Strength
Bearish
Volatility
ATR $0.5736 · BB 4.87%

Low volatility

Strength
Bullish
Volume
MFI 24.6 · OBV -4.70%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$47.03 - $50.98

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.89% · 4.2 ATR above latest close

$51.55
Nearest resistance

+3.72% · 3.2 ATR above · 34-bar high

$50.98
Current price

Price shown is delayed

$49.15
Nearest support

-4.31% · 3.7 ATR below · 34-bar low

$47.03
Deeper support zone

-5.48% · 4.7 ATR below latest close

$46.46
ATR zone

Latest close ± ATR14

$48.58 - $49.72

Indicators

Trend

Dow Theory Structure

Confirmation $49.07, invalidation $49.75

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

Trend strength is active

65.5 / 52.1 / 7.1Bullish
Supertrend (10,3)

Price is above Supertrend

$47.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.7 / $47.68Bearish
Donchian Channel (20)

20-period breakout channel position

27%Range

Volatility

ATR (14)

Low volatility

$0.5736 (1.17%)Bullish
Bollinger Bands (20,2)

Width 4.87%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$50.28 / $48.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$48.58 / $49.72Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.98Range
Support

Nearest Downside Decision Level

$47.03Range

Momentum

RSI (14)

Neutral zone

51.6Range
MACD (12,26,9)

Histogram is negative

-0.156Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 21.3Bearish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Balanced zone

-30.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

24.6Bearish
OBV slope

20-period OBV slope

-4.70%Bearish
Volume ratio

Relative to 20-period average volume

0.91xRange

Trend

Dow Theory Structure

Confirmation $49.07, invalidation $49.75

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

Trend strength is active

65.5 / 52.1 / 7.1Bullish
Supertrend (10,3)

Price is above Supertrend

$47.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.7 / $47.68Bearish
Donchian Channel (20)

20-period breakout channel position

27%Range

Momentum

RSI (14)

Neutral zone

51.6Range
MACD (12,26,9)

Histogram is negative

-0.156Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 21.3Bearish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Balanced zone

-30.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.5736 (1.17%)Bullish
Bollinger Bands (20,2)

Width 4.87%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$50.28 / $48.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$48.58 / $49.72Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

24.6Bearish
OBV slope

20-period OBV slope

-4.70%Bearish
Volume ratio

Relative to 20-period average volume

0.91xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.98Range
Support

Nearest Downside Decision Level

$47.03Range

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