US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

1 hourBullish65%
1h Upside probability 65%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 and reclaim $164.5.

Invalidation Trigger

Lose $156 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 49.2, MACD -0.254

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7484 (0.47%)

1h

EMA Structure

Bullish
EMA 8$161.02Bearish
EMA 21$160.73Bearish
EMA 50$160.3Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.2 · MACD -0.254

Neutral zone

Strength
Bearish
Volatility
ATR $0.7484 · BB 5.60%

Low volatility

Strength
Bullish
Volume
MFI 68.5 · OBV 4.02%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$156 - $164.5

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.01% · 6.5 ATR above latest close

$165.24
Nearest resistance

+2.55% · 5.5 ATR above · 34-bar high

$164.5
Current price

Price shown is delayed

$160.41
Nearest support

-2.75% · 5.9 ATR below · 34-bar low

$156
Deeper support zone

-3.22% · 6.9 ATR below latest close

$155.25
ATR zone

Latest close ± ATR14

$159.66 - $161.16

Indicators

Trend

Dow Theory Structure

Confirmation $164.5, invalidation $161.35

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

Trend strength is active

49.2 / 31.4 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$158.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.18 / $160.25Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Low volatility

$0.7484 (0.47%)Bullish
Bollinger Bands (20,2)

Width 5.60%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$162.34 / $159.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$159.66 / $161.16Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$164.5Range
Support

Nearest Downside Decision Level

$156Range

Momentum

RSI (14)

Neutral zone

49.2Range
MACD (12,26,9)

Histogram is negative

-0.254Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.3 / 12.2Bullish
Williams %R (14)

Oversold zone

-85.7Bullish
CCI (20)

Balanced zone

-13.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.5Bullish
OBV slope

20-period OBV slope

4.02%Bullish
Volume ratio

Relative to 20-period average volume

2.93xBullish

Trend

Dow Theory Structure

Confirmation $164.5, invalidation $161.35

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

Trend strength is active

49.2 / 31.4 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$158.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.18 / $160.25Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

49.2Range
MACD (12,26,9)

Histogram is negative

-0.254Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.3 / 12.2Bullish
Williams %R (14)

Oversold zone

-85.7Bullish
CCI (20)

Balanced zone

-13.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$0.7484 (0.47%)Bullish
Bollinger Bands (20,2)

Width 5.60%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$162.34 / $159.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$159.66 / $161.16Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.5Bullish
OBV slope

20-period OBV slope

4.02%Bullish
Volume ratio

Relative to 20-period average volume

2.93xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$164.5Range
Support

Nearest Downside Decision Level

$156Range

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