US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

1 dayBearish59%
Daily Downside probability 59%Bearish

AVY 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $160.71 and stabilize above resistance $168.88.

Invalidation Trigger

Break above $168.88 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 49.4, MACD -0.234

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $4.16 (2.6%)

Daily

EMA Structure

Bearish
EMA 8$160.44Bearish
EMA 21$160.71Bearish
EMA 50$161.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.4 · MACD -0.234

Neutral zone

Strength
Bearish
Volatility
ATR $4.16 · BB 7.44%

Medium volatility

Strength
Range
Volume
MFI 65.1 · OBV 10.63%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$152.42 - $168.88

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.88% · 3.0 ATR above latest close

$173.04
Nearest resistance

+5.28% · 2.0 ATR above · 34-bar high

$168.88
Current price

Price shown is delayed

$160.41
Nearest support

-4.98% · 1.9 ATR below · 34-bar low

$152.42
Deeper support zone

-7.58% · 2.9 ATR below latest close

$148.26
ATR zone

Latest close ± ATR14

$156.25 - $164.57

Indicators

Trend

Dow Theory Structure

Confirmation $168.88, invalidation $156.46

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

Trend strength is active

22.4 / 24.5 / 21.8Bullish
Supertrend (10,3)

Price is above Supertrend

$149.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.26 / $160.77Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Volatility

ATR (14)

Medium volatility

$4.16 (2.6%)Range
Bollinger Bands (20,2)

Width 7.44%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$169.83 / $151.59Range
ATR channel lower / upper

Current Volatility Envelope

$156.25 / $164.57Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$168.88Range
Support

Nearest Downside Decision Level

$152.42Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is negative

-0.234Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.8 / 40.7Bearish
Williams %R (14)

Neutral zone

-66.2Range
CCI (20)

Balanced zone

8.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.1Bullish
OBV slope

20-period OBV slope

10.63%Bullish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Trend

Dow Theory Structure

Confirmation $168.88, invalidation $156.46

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

Trend strength is active

22.4 / 24.5 / 21.8Bullish
Supertrend (10,3)

Price is above Supertrend

$149.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.26 / $160.77Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is negative

-0.234Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.8 / 40.7Bearish
Williams %R (14)

Neutral zone

-66.2Range
CCI (20)

Balanced zone

8.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$4.16 (2.6%)Range
Bollinger Bands (20,2)

Width 7.44%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$169.83 / $151.59Range
ATR channel lower / upper

Current Volatility Envelope

$156.25 / $164.57Range

Volume / Money Flow

MFI (14)

Money flow is strong

65.1Bullish
OBV slope

20-period OBV slope

10.63%Bullish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$168.88Range
Support

Nearest Downside Decision Level

$152.42Range

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