US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

1 weekBullish88%
Weekly Upside probability 88%Bullish

AVY 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $152.42 and reclaim $187.91.

Invalidation Trigger

Lose $152.42 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 60.5, MACD 1.363

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $9.65 (5.29%)

Weekly

EMA Structure

Range
EMA 8$175.7Bullish
EMA 21$172.51Bullish
EMA 50$172.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.5 · MACD 1.363

Momentum is strong

Strength
Bullish
Volatility
ATR $9.65 · BB 17.61%

High volatility

Strength
Bearish
Volume
MFI 54.0 · OBV 13.51%

Relative to 20-period average volume

Strength
Range
Price Levels
$152.42 - $187.91

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.3% · 1.6 ATR above latest close

$197.56
Nearest resistance

+3.01% · 0.6 ATR above · 34-bar high

$187.91
Current price

Price shown is delayed

$182.42
Nearest support

-16.45% · 3.1 ATR below · 34-bar low

$152.42
Deeper support zone

-21.73% · 4.1 ATR below latest close

$142.77
ATR zone

Latest close ± ATR14

$172.77 - $192.07

Indicators

Trend

Dow Theory Structure

Confirmation $164.1, invalidation $185.65

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.5 / 35.3 / 10.4Bullish
Supertrend (10,3)

Price is above Supertrend

$159.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$172.55 / $175.98Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$9.65 (5.29%)Bearish
Bollinger Bands (20,2)

Width 17.61%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$188.11 / $157.11Bearish
ATR channel lower / upper

Current Volatility Envelope

$172.77 / $192.07Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$187.91Range
Support

Nearest Downside Decision Level

$152.42Range

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is positive

1.363Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.6 / 74.4Bullish
Williams %R (14)

Neutral zone

-20.4Range
CCI (20)

Strong expansion

130.7Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.0Range
OBV slope

20-period OBV slope

13.51%Bullish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Trend

Dow Theory Structure

Confirmation $164.1, invalidation $185.65

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.5 / 35.3 / 10.4Bullish
Supertrend (10,3)

Price is above Supertrend

$159.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$172.55 / $175.98Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is positive

1.363Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.6 / 74.4Bullish
Williams %R (14)

Neutral zone

-20.4Range
CCI (20)

Strong expansion

130.7Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$9.65 (5.29%)Bearish
Bollinger Bands (20,2)

Width 17.61%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$188.11 / $157.11Bearish
ATR channel lower / upper

Current Volatility Envelope

$172.77 / $192.07Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.0Range
OBV slope

20-period OBV slope

13.51%Bullish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$187.91Range
Support

Nearest Downside Decision Level

$152.42Range

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