US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

1 hourBullish73%
1h Upside probability 73%Bullish

AVY 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $177.79 and reclaim $184.66.

Invalidation Trigger

Lose $177.79 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 58.5, MACD -0.083

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7109 (0.39%)

1h

EMA Structure

Bullish
EMA 8$183.07Bullish
EMA 21$182.47Bullish
EMA 50$180.63Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.5 · MACD -0.083

Momentum is strong

Strength
Bullish
Volatility
ATR $0.7109 · BB 2.01%

Low volatility

Strength
Bullish
Volume
MFI 37.3 · OBV -1.74%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$177.79 - $184.66

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.06% · 2.7 ATR above latest close

$185.37
Nearest resistance

+0.67% · 1.7 ATR above · 34-bar high

$184.66
Current price

Price shown is delayed

$183.43
Nearest support

-3.07% · 7.9 ATR below · 34-bar low

$177.79
Deeper support zone

-3.46% · 8.9 ATR below latest close

$177.08
ATR zone

Latest close ± ATR14

$182.72 - $184.14

Indicators

Trend

Dow Theory Structure

Confirmation $183.52, invalidation $181.61

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

Trend strength is moderate

15.6 / 34.5 / 21.3Bullish
Supertrend (10,3)

Price is above Supertrend

$181.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$182.44 / $180.01Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

Low volatility

$0.7109 (0.39%)Bullish
Bollinger Bands (20,2)

Width 2.01%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$183.77 / $181.27Bullish
ATR channel lower / upper

Current Volatility Envelope

$182.72 / $184.14Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$184.66Range
Support

Nearest Downside Decision Level

$177.79Range

Momentum

RSI (14)

Momentum is strong

58.5Bullish
MACD (12,26,9)

Histogram is negative

-0.083Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.0 / 90.7Bullish
Williams %R (14)

Overbought zone

-6.0Bearish
CCI (20)

Balanced zone

84.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.3Bearish
OBV slope

20-period OBV slope

-1.74%Bearish
Volume ratio

Relative to 20-period average volume

3.04xBullish

Trend

Dow Theory Structure

Confirmation $183.52, invalidation $181.61

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

Trend strength is moderate

15.6 / 34.5 / 21.3Bullish
Supertrend (10,3)

Price is above Supertrend

$181.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$182.44 / $180.01Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

58.5Bullish
MACD (12,26,9)

Histogram is negative

-0.083Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.0 / 90.7Bullish
Williams %R (14)

Overbought zone

-6.0Bearish
CCI (20)

Balanced zone

84.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.7109 (0.39%)Bullish
Bollinger Bands (20,2)

Width 2.01%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$183.77 / $181.27Bullish
ATR channel lower / upper

Current Volatility Envelope

$182.72 / $184.14Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.3Bearish
OBV slope

20-period OBV slope

-1.74%Bearish
Volume ratio

Relative to 20-period average volume

3.04xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$184.66Range
Support

Nearest Downside Decision Level

$177.79Range

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