US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

1 dayBearish72%
Daily Downside probability 72%Bearish

AVY 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $173.44 and stabilize above resistance $185.65.

Invalidation Trigger

Break above $185.65 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 47.6, MACD -0.710

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $3.95 (2.29%)

Daily

EMA Structure

Range
EMA 8$171.97Bullish
EMA 21$173.44Bearish
EMA 50$171.85Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.6 · MACD -0.710

Neutral zone

Strength
Bearish
Volatility
ATR $3.95 · BB 11.07%

Medium volatility

Strength
Range
Volume
MFI 43.5 · OBV -1.53%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$166.85 - $185.65

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.05% · 4.4 ATR above latest close

$189.6
Nearest resistance

+7.76% · 3.4 ATR above · 34-bar high

$185.65
Current price

Price shown is delayed

$172.28
Nearest support

-3.15% · 1.4 ATR below · 34-bar low

$166.85
Deeper support zone

-5.44% · 2.4 ATR below latest close

$162.9
ATR zone

Latest close ± ATR14

$168.33 - $176.23

Indicators

Trend

Dow Theory Structure

Confirmation $166.85, invalidation $171.83

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

Trend strength is active

49.0 / 7.9 / 24.3Bearish
Supertrend (10,3)

Price is above Supertrend

$161Bullish
Ichimoku Cloud

Cloud Span A / Span B

$173.7 / $171.32Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

Medium volatility

$3.95 (2.29%)Range
Bollinger Bands (20,2)

Width 11.07%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$181.38 / $165.45Range
ATR channel lower / upper

Current Volatility Envelope

$168.33 / $176.23Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.65Range
Support

Nearest Downside Decision Level

$166.85Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is negative

-0.710Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.7 / 34.4Bullish
Williams %R (14)

Neutral zone

-62.3Range
CCI (20)

Balanced zone

-41.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

-1.53%Bearish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Trend

Dow Theory Structure

Confirmation $166.85, invalidation $171.83

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

Trend strength is active

49.0 / 7.9 / 24.3Bearish
Supertrend (10,3)

Price is above Supertrend

$161Bullish
Ichimoku Cloud

Cloud Span A / Span B

$173.7 / $171.32Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is negative

-0.710Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.7 / 34.4Bullish
Williams %R (14)

Neutral zone

-62.3Range
CCI (20)

Balanced zone

-41.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$3.95 (2.29%)Range
Bollinger Bands (20,2)

Width 11.07%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$181.38 / $165.45Range
ATR channel lower / upper

Current Volatility Envelope

$168.33 / $176.23Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

-1.53%Bearish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.65Range
Support

Nearest Downside Decision Level

$166.85Range

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