US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

1 dayBearish67%
Daily Downside probability 67%Bearish

AVY 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $170.6 and stabilize above resistance $185.65.

Invalidation Trigger

Break above $185.65 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 44.0, MACD -0.122

Daily
Volatility EnvironmentRange
Low volatility

ATR is $3.64 (2.16%)

Daily

EMA Structure

Bearish
EMA 8$169.33Bearish
EMA 21$170.6Bearish
EMA 50$170.91Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.0 · MACD -0.122

Momentum is weak

Strength
Bearish
Volatility
ATR $3.64 · BB 3.57%

Low volatility

Strength
Range
Volume
MFI 46.4 · OBV 2.74%

Relative to 20-period average volume

Strength
Range
Price Levels
$166.85 - $185.65

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.37% · 5.7 ATR above latest close

$189.29
Nearest resistance

+10.21% · 4.7 ATR above · 34-bar high

$185.65
Current price

Price shown is delayed

$168.45
Nearest support

-0.95% · 0.4 ATR below · 34-bar low

$166.85
Deeper support zone

-3.11% · 1.4 ATR below latest close

$163.21
ATR zone

Latest close ± ATR14

$164.81 - $172.09

Indicators

Trend

Dow Theory Structure

Confirmation $174, invalidation $168.02

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

Trend strength is moderate

20.7 / 20.3 / 18.3Bullish
Supertrend (10,3)

Price is above Supertrend

$158.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$171.12 / $174.48Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$3.64 (2.16%)Range
Bollinger Bands (20,2)

Width 3.57%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$177.7 / $163.34Range
ATR channel lower / upper

Current Volatility Envelope

$164.81 / $172.09Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.65Range
Support

Nearest Downside Decision Level

$166.85Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-0.122Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.6 / 11.8Bullish
Williams %R (14)

Oversold zone

-81.4Bullish
CCI (20)

Balanced zone

-82.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.4Range
OBV slope

20-period OBV slope

2.74%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $174, invalidation $168.02

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

Trend strength is moderate

20.7 / 20.3 / 18.3Bullish
Supertrend (10,3)

Price is above Supertrend

$158.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$171.12 / $174.48Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-0.122Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.6 / 11.8Bullish
Williams %R (14)

Oversold zone

-81.4Bullish
CCI (20)

Balanced zone

-82.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$3.64 (2.16%)Range
Bollinger Bands (20,2)

Width 3.57%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$177.7 / $163.34Range
ATR channel lower / upper

Current Volatility Envelope

$164.81 / $172.09Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.4Range
OBV slope

20-period OBV slope

2.74%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.65Range
Support

Nearest Downside Decision Level

$166.85Range

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