US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

AVY 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $178.6 and stabilize above resistance $231.94.

Invalidation Trigger

Break above $231.94 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 43.5, MACD -1.395

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $16.75 (10.1%)

Monthly

EMA Structure

Bearish
EMA 8$171.12Bearish
EMA 21$178.6Bearish
EMA 50$181.47Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.5 · MACD -1.395

Momentum is weak

Strength
Bearish
Volatility
ATR $16.75 · BB 25.92%

High volatility

Strength
Bearish
Volume
MFI 44.2 · OBV -286.33%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$152.58 - $231.94

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+49.98% · 4.9 ATR above latest close

$248.69
Nearest resistance

+39.87% · 3.9 ATR above · 34-bar high

$231.94
Current price

Price shown is delayed

$165.82
Nearest support

-7.98% · 0.8 ATR below · 34-bar low

$152.58
Deeper support zone

-18.09% · 1.8 ATR below latest close

$135.83
ATR zone

Latest close ± ATR14

$149.07 - $182.57

Indicators

Trend

Dow Theory Structure

Confirmation $199, invalidation $156.53

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

Trend strength is active

43.0 / 18.6 / 20.5Bearish
Supertrend (10,3)

Price is above Supertrend

$107.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$184.03 / $192Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

High volatility

$16.75 (10.1%)Bearish
Bollinger Bands (20,2)

Width 25.92%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$213.44 / $142.92Bearish
ATR channel lower / upper

Current Volatility Envelope

$149.07 / $182.57Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$231.94Range
Support

Nearest Downside Decision Level

$152.58Range

Momentum

RSI (14)

Momentum is weak

43.5Bearish
MACD (12,26,9)

Histogram is negative

-1.395Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 19.8Bullish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Weak expansion

-120.3Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.2Bearish
OBV slope

20-period OBV slope

-286.33%Bearish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Trend

Dow Theory Structure

Confirmation $199, invalidation $156.53

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

Trend strength is active

43.0 / 18.6 / 20.5Bearish
Supertrend (10,3)

Price is above Supertrend

$107.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$184.03 / $192Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Momentum is weak

43.5Bearish
MACD (12,26,9)

Histogram is negative

-1.395Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 19.8Bullish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Weak expansion

-120.3Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$16.75 (10.1%)Bearish
Bollinger Bands (20,2)

Width 25.92%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$213.44 / $142.92Bearish
ATR channel lower / upper

Current Volatility Envelope

$149.07 / $182.57Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.2Bearish
OBV slope

20-period OBV slope

-286.33%Bearish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$231.94Range
Support

Nearest Downside Decision Level

$152.58Range

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