US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

12 hoursBearish55%
12h Downside probability 55%Bearish

AVY 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $180.13 and stabilize above resistance $185.77.

Invalidation Trigger

Break above $185.77 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 47.6, MACD -0.732

12h
Volatility EnvironmentRange
Low volatility

ATR is $2.82 (1.58%)

12h

EMA Structure

Bullish
EMA 8$180.84Bearish
EMA 21$180.13Bearish
EMA 50$175.73Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.6 · MACD -0.732

Neutral zone

Strength
Bearish
Volatility
ATR $2.82 · BB 5.80%

Low volatility

Strength
Range
Volume
MFI 60.4 · OBV -6.21%

Relative to 20-period average volume

Strength
Range
Price Levels
$169.41 - $185.77

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.75% · 3.6 ATR above latest close

$188.59
Nearest resistance

+4.17% · 2.6 ATR above · 34-bar high

$185.77
Current price

Price shown is delayed

$178.34
Nearest support

-5.01% · 3.2 ATR below · 34-bar low

$169.41
Deeper support zone

-6.59% · 4.2 ATR below latest close

$166.59
ATR zone

Latest close ± ATR14

$175.52 - $181.16

Indicators

Trend

Dow Theory Structure

Confirmation $185.77, invalidation $174.2

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

Trend strength is moderate

16.9 / 33.1 / 26.4Bullish
Supertrend (10,3)

Price is above Supertrend

$172.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$180.48 / $171.4Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

Low volatility

$2.82 (1.58%)Range
Bollinger Bands (20,2)

Width 5.80%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$185.24 / $175.27Range
ATR channel lower / upper

Current Volatility Envelope

$175.52 / $181.16Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.77Range
Support

Nearest Downside Decision Level

$169.41Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is negative

-0.732Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.7 / 45.4Bearish
Williams %R (14)

Neutral zone

-79.3Range
CCI (20)

Balanced zone

-29.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-6.21%Bearish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Trend

Dow Theory Structure

Confirmation $185.77, invalidation $174.2

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

Trend strength is moderate

16.9 / 33.1 / 26.4Bullish
Supertrend (10,3)

Price is above Supertrend

$172.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$180.48 / $171.4Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is negative

-0.732Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.7 / 45.4Bearish
Williams %R (14)

Neutral zone

-79.3Range
CCI (20)

Balanced zone

-29.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$2.82 (1.58%)Range
Bollinger Bands (20,2)

Width 5.80%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$185.24 / $175.27Range
ATR channel lower / upper

Current Volatility Envelope

$175.52 / $181.16Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-6.21%Bearish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.77Range
Support

Nearest Downside Decision Level

$169.41Range

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