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 $176.64 and stabilize above resistance $233.48.

Invalidation Trigger

Break above $233.48 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 40.8, MACD -1.830

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $17.09 (10.65%)

Monthly

EMA Structure

Bearish
EMA 8$168.13Bearish
EMA 21$176.64Bearish
EMA 50$178.76Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.8 · MACD -1.830

Momentum is weak

Strength
Bearish
Volatility
ATR $17.09 · BB 23.26%

High volatility

Strength
Bearish
Volume
MFI 43.4 · OBV -81.54%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$152.42 - $233.48

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+56.2% · 5.3 ATR above latest close

$250.56
Nearest resistance

+45.55% · 4.3 ATR above · 34-bar high

$233.48
Current price

Price shown is delayed

$160.41
Nearest support

-4.98% · 0.5 ATR below · 34-bar low

$152.42
Deeper support zone

-15.63% · 1.5 ATR below latest close

$135.33
ATR zone

Latest close ± ATR14

$143.32 - $177.5

Indicators

Trend

Dow Theory Structure

Confirmation $199.54, invalidation $156.23

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

Trend strength is active

38.0 / 17.4 / 19.7Bearish
Supertrend (10,3)

Price is above Supertrend

$107.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$184.46 / $192.55Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

High volatility

$17.09 (10.65%)Bearish
Bollinger Bands (20,2)

Width 23.26%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$212.59 / $139.78Bearish
ATR channel lower / upper

Current Volatility Envelope

$143.32 / $177.5Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.48Range
Support

Nearest Downside Decision Level

$152.42Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-1.830Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 17.2Bearish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Weak expansion

-114.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.4Bearish
OBV slope

20-period OBV slope

-81.54%Bearish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Trend

Dow Theory Structure

Confirmation $199.54, invalidation $156.23

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

Trend strength is active

38.0 / 17.4 / 19.7Bearish
Supertrend (10,3)

Price is above Supertrend

$107.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$184.46 / $192.55Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-1.830Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 17.2Bearish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Weak expansion

-114.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$17.09 (10.65%)Bearish
Bollinger Bands (20,2)

Width 23.26%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$212.59 / $139.78Bearish
ATR channel lower / upper

Current Volatility Envelope

$143.32 / $177.5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.4Bearish
OBV slope

20-period OBV slope

-81.54%Bearish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.48Range
Support

Nearest Downside Decision Level

$152.42Range

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