US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

12 hoursRange49%
12h Range probability 98%Range

AVY 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $166.85 - $185.77 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBullish
Momentum improving

RSI 47.7, MACD 0.260

12h
Volatility EnvironmentBullish
Low volatility

ATR is $2.32 (1.35%)

12h

EMA Structure

Bearish
EMA 8$171.02Bullish
EMA 21$172.36Bearish
EMA 50$173.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.7 · MACD 0.260

Neutral zone

Strength
Bullish
Volatility
ATR $2.32 · BB 4.54%

Low volatility

Strength
Bullish
Volume
MFI 61.2 · OBV -1.98%

Relative to 20-period average volume

Strength
Range
Price Levels
$166.85 - $185.77

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.18% · 6.8 ATR above latest close

$188.09
Nearest resistance

+7.83% · 5.8 ATR above · 34-bar high

$185.77
Current price

Price shown is delayed

$172.28
Nearest support

-3.15% · 2.3 ATR below · 34-bar low

$166.85
Deeper support zone

-4.5% · 3.3 ATR below latest close

$164.53
ATR zone

Latest close ± ATR14

$169.96 - $174.6

Indicators

Trend

Dow Theory Structure

Confirmation $172.17, invalidation $167.77

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

40.0 / 21.7 / 32.7Bearish
Supertrend (10,3)

Price is above Supertrend

$166.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$172.84 / $176.31Bearish
Donchian Channel (20)

20-period breakout channel position

57%Bearish

Volatility

ATR (14)

Low volatility

$2.32 (1.35%)Bullish
Bollinger Bands (20,2)

Width 4.54%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$176.01 / $168.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$169.96 / $174.6Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.77Range
Support

Nearest Downside Decision Level

$166.85Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is positive

0.260Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.1 / 53.0Bullish
Williams %R (14)

Neutral zone

-33.9Range
CCI (20)

Balanced zone

33.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.2Bullish
OBV slope

20-period OBV slope

-1.98%Bearish
Volume ratio

Relative to 20-period average volume

2.55xBullish

Trend

Dow Theory Structure

Confirmation $172.17, invalidation $167.77

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

40.0 / 21.7 / 32.7Bearish
Supertrend (10,3)

Price is above Supertrend

$166.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$172.84 / $176.31Bearish
Donchian Channel (20)

20-period breakout channel position

57%Bearish

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is positive

0.260Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.1 / 53.0Bullish
Williams %R (14)

Neutral zone

-33.9Range
CCI (20)

Balanced zone

33.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$2.32 (1.35%)Bullish
Bollinger Bands (20,2)

Width 4.54%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$176.01 / $168.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$169.96 / $174.6Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.2Bullish
OBV slope

20-period OBV slope

-1.98%Bearish
Volume ratio

Relative to 20-period average volume

2.55xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.77Range
Support

Nearest Downside Decision Level

$166.85Range

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