US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

3 monthsBearish63%
3M Downside probability 63%Bearish

AVY 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $173.15 and stabilize above resistance $233.48.

Invalidation Trigger

Break above $233.48 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

3M
Momentum StateBullish
Momentum improving

RSI 53.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $29.85 (17.33%)

3M

EMA Structure

Range
EMA 8$175.81Bearish
EMA 21$173.15Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 53.3 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $29.85 · BB 43.53%

High volatility

Strength
Bearish
Volume
MFI 46.8 · OBV -86.78%

Relative to 20-period average volume

Strength
Range
Price Levels
$76.96 - $233.48

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+52.85% · 3.0 ATR above latest close

$263.33
Nearest resistance

+35.52% · 2.0 ATR above · 29-bar high

$233.48
Current price

Price shown is delayed

$172.28
Nearest support

-55.33% · 3.2 ATR below · 29-bar low

$76.96
Deeper support zone

-72.66% · 4.2 ATR below latest close

$47.11
ATR zone

Latest close ± ATR14

$142.43 - $202.13

Indicators

Trend

Dow Theory Structure

Confirmation $152.42, invalidation $199.54

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

Trend strength is moderate

21.5 / 18.6 / 15.5Bullish
Supertrend (10,3)

Price is above Supertrend

$81.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$178.17 / --Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Volatility

ATR (14)

High volatility

$29.85 (17.33%)Bearish
Bollinger Bands (20,2)

Width 43.53%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$234.25 / $114.12Bearish
ATR channel lower / upper

Current Volatility Envelope

$142.43 / $202.13Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.48Range
Support

Nearest Downside Decision Level

$76.96Range

Momentum

RSI (14)

Neutral zone

53.3Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

24.5 / 19.3Bullish
Williams %R (14)

Neutral zone

-75.5Range
CCI (20)

Balanced zone

-62.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.8Range
OBV slope

20-period OBV slope

-86.78%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Trend

Dow Theory Structure

Confirmation $152.42, invalidation $199.54

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

Trend strength is moderate

21.5 / 18.6 / 15.5Bullish
Supertrend (10,3)

Price is above Supertrend

$81.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$178.17 / --Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Momentum

RSI (14)

Neutral zone

53.3Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

24.5 / 19.3Bullish
Williams %R (14)

Neutral zone

-75.5Range
CCI (20)

Balanced zone

-62.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$29.85 (17.33%)Bearish
Bollinger Bands (20,2)

Width 43.53%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$234.25 / $114.12Bearish
ATR channel lower / upper

Current Volatility Envelope

$142.43 / $202.13Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.8Range
OBV slope

20-period OBV slope

-86.78%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.48Range
Support

Nearest Downside Decision Level

$76.96Range

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