US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

1 weekBearish85%
Weekly Downside probability 85%Bearish

AVY 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $167.02 and stabilize above resistance $199.

Invalidation Trigger

Break above $199 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 47.2, MACD -0.556

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $8.18 (4.93%)

Weekly

EMA Structure

Bearish
EMA 8$161.64Bullish
EMA 21$167.02Bearish
EMA 50$173.12Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.2 · MACD -0.556

Neutral zone

Strength
Bearish
Volatility
ATR $8.18 · BB 30.15%

Medium volatility

Strength
Range
Volume
MFI 38.7 · OBV -10.49%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$152.58 - $199

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.94% · 5.1 ATR above latest close

$207.18
Nearest resistance

+20.01% · 4.1 ATR above · 34-bar high

$199
Current price

Price shown is delayed

$165.82
Nearest support

-7.98% · 1.6 ATR below · 34-bar low

$152.58
Deeper support zone

-12.91% · 2.6 ATR below latest close

$144.4
ATR zone

Latest close ± ATR14

$157.64 - $174

Indicators

Trend

Dow Theory Structure

Confirmation $152.58, invalidation $163.31

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

Trend strength is active

45.9 / 13.8 / 17.7Bearish
Supertrend (10,3)

Price is above Supertrend

$139.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$168.78 / $175.79Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

Medium volatility

$8.18 (4.93%)Range
Bollinger Bands (20,2)

Width 30.15%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$182.04 / $151.34Range
ATR channel lower / upper

Current Volatility Envelope

$157.64 / $174Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$199Range
Support

Nearest Downside Decision Level

$152.58Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

-0.556Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.7 / 35.8Bullish
Williams %R (14)

Neutral zone

-44.3Range
CCI (20)

Balanced zone

-43.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.7Bearish
OBV slope

20-period OBV slope

-10.49%Bearish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Trend

Dow Theory Structure

Confirmation $152.58, invalidation $163.31

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

Trend strength is active

45.9 / 13.8 / 17.7Bearish
Supertrend (10,3)

Price is above Supertrend

$139.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$168.78 / $175.79Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

-0.556Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.7 / 35.8Bullish
Williams %R (14)

Neutral zone

-44.3Range
CCI (20)

Balanced zone

-43.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$8.18 (4.93%)Range
Bollinger Bands (20,2)

Width 30.15%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$182.04 / $151.34Range
ATR channel lower / upper

Current Volatility Envelope

$157.64 / $174Range

Volume / Money Flow

MFI (14)

Money flow is weak

38.7Bearish
OBV slope

20-period OBV slope

-10.49%Bearish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$199Range
Support

Nearest Downside Decision Level

$152.58Range

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