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 $156.61 and reclaim $167.33.

Invalidation Trigger

Lose $156.61 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBearish
Momentum soft

RSI 55.7, MACD -0.167

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8332 (0.51%)

1h

EMA Structure

Bullish
EMA 8$164.77Bearish
EMA 21$163.87Bullish
EMA 50$162.2Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.7 · MACD -0.167

Momentum is strong

Strength
Bearish
Volatility
ATR $0.8332 · BB 2.98%

Low volatility

Strength
Bullish
Volume
MFI 40.3 · OBV -5.76%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$156.61 - $167.33

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.3% · 4.5 ATR above latest close

$168.16
Nearest resistance

+1.79% · 3.5 ATR above · 34-bar high

$167.33
Current price

Price shown is delayed

$164.39
Nearest support

-4.73% · 9.3 ATR below · 34-bar low

$156.61
Deeper support zone

-5.24% · 10.3 ATR below latest close

$155.78
ATR zone

Latest close ± ATR14

$163.56 - $165.22

Indicators

Trend

Dow Theory Structure

Confirmation $165.6, invalidation $163.89

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

Trend strength is active

43.1 / 36.1 / 28.8Bullish
Supertrend (10,3)

Price is above Supertrend

$162.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$163.67 / $161.97Bullish
Donchian Channel (20)

20-period breakout channel position

50%Bullish

Volatility

ATR (14)

Low volatility

$0.8332 (0.51%)Bullish
Bollinger Bands (20,2)

Width 2.98%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.1 / $162.79Bullish
ATR channel lower / upper

Current Volatility Envelope

$163.56 / $165.22Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$167.33Range
Support

Nearest Downside Decision Level

$156.61Range

Momentum

RSI (14)

Momentum is strong

55.7Bullish
MACD (12,26,9)

Histogram is negative

-0.167Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 32.0Bearish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Balanced zone

-0.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.3Bearish
OBV slope

20-period OBV slope

-5.76%Bearish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Trend

Dow Theory Structure

Confirmation $165.6, invalidation $163.89

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

Trend strength is active

43.1 / 36.1 / 28.8Bullish
Supertrend (10,3)

Price is above Supertrend

$162.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$163.67 / $161.97Bullish
Donchian Channel (20)

20-period breakout channel position

50%Bullish

Momentum

RSI (14)

Momentum is strong

55.7Bullish
MACD (12,26,9)

Histogram is negative

-0.167Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 32.0Bearish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Balanced zone

-0.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.8332 (0.51%)Bullish
Bollinger Bands (20,2)

Width 2.98%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.1 / $162.79Bullish
ATR channel lower / upper

Current Volatility Envelope

$163.56 / $165.22Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.3Bearish
OBV slope

20-period OBV slope

-5.76%Bearish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$167.33Range
Support

Nearest Downside Decision Level

$156.61Range

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