US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

12 hoursBearish54%
12h Downside probability 54%Bearish

AVY 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $160.13 and stabilize above resistance $168.

Invalidation Trigger

Break above $168 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 50.6, MACD -0.189

12h
Volatility EnvironmentRange
Low volatility

ATR is $3.22 (2.01%)

12h

EMA Structure

Bearish
EMA 8$159.74Bullish
EMA 21$160.13Bullish
EMA 50$160.5Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.6 · MACD -0.189

Neutral zone

Strength
Bullish
Volatility
ATR $3.22 · BB 7.51%

Low volatility

Strength
Range
Volume
MFI 56.2 · OBV -24.02%

Relative to 20-period average volume

Strength
Range
Price Levels
$153.71 - $168

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.74% · 3.4 ATR above latest close

$171.22
Nearest resistance

+4.73% · 2.4 ATR above · 34-bar high

$168
Current price

Price shown is delayed

$160.41
Nearest support

-4.17% · 2.1 ATR below · 34-bar low

$153.71
Deeper support zone

-6.18% · 3.1 ATR below latest close

$150.49
ATR zone

Latest close ± ATR14

$157.19 - $163.63

Indicators

Trend

Dow Theory Structure

Confirmation $156.08, invalidation $162.61

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

Trend strength is active

24.1 / 34.1 / 23.9Bullish
Supertrend (10,3)

Price is above Supertrend

$153.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.12 / $160.21Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

Low volatility

$3.22 (2.01%)Range
Bollinger Bands (20,2)

Width 7.51%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.86 / $154.38Range
ATR channel lower / upper

Current Volatility Envelope

$157.19 / $163.63Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$168Range
Support

Nearest Downside Decision Level

$153.71Range

Momentum

RSI (14)

Neutral zone

50.6Range
MACD (12,26,9)

Histogram is negative

-0.189Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.2 / 34.0Bullish
Williams %R (14)

Neutral zone

-62.8Range
CCI (20)

Balanced zone

7.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

-24.02%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Trend

Dow Theory Structure

Confirmation $156.08, invalidation $162.61

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

Trend strength is active

24.1 / 34.1 / 23.9Bullish
Supertrend (10,3)

Price is above Supertrend

$153.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.12 / $160.21Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

50.6Range
MACD (12,26,9)

Histogram is negative

-0.189Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.2 / 34.0Bullish
Williams %R (14)

Neutral zone

-62.8Range
CCI (20)

Balanced zone

7.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$3.22 (2.01%)Range
Bollinger Bands (20,2)

Width 7.51%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.86 / $154.38Range
ATR channel lower / upper

Current Volatility Envelope

$157.19 / $163.63Range

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

-24.02%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$168Range
Support

Nearest Downside Decision Level

$153.71Range

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