US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

3 monthsRange51%
3M Range probability 98%Range

AVY 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Break either side of $76.96 - $233.48 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 54.7, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $29.85 (16.74%)

3M

EMA Structure

Range
EMA 8$177.16Bullish
EMA 21$173.7Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 54.7 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $29.85 · BB 43.15%

High volatility

Strength
Bearish
Volume
MFI 46.0 · OBV -91.33%

Relative to 20-period average volume

Strength
Range
Price Levels
$76.96 - $233.48

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+47.65% · 2.8 ATR above latest close

$263.33
Nearest resistance

+30.92% · 1.8 ATR above · 29-bar high

$233.48
Current price

Price shown is delayed

$178.34
Nearest support

-56.85% · 3.4 ATR below · 29-bar low

$76.96
Deeper support zone

-73.59% · 4.4 ATR below latest close

$47.11
ATR zone

Latest close ± ATR14

$148.49 - $208.19

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 / --Bullish
Donchian Channel (20)

20-period breakout channel position

33%Range

Volatility

ATR (14)

High volatility

$29.85 (16.74%)Bearish
Bollinger Bands (20,2)

Width 43.15%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$234.83 / $114.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$148.49 / $208.19Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.48Range
Support

Nearest Downside Decision Level

$76.96Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

32.0 / 21.8Bullish
Williams %R (14)

Neutral zone

-68.0Range
CCI (20)

Balanced zone

-53.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.0Range
OBV slope

20-period OBV slope

-91.33%Bearish
Volume ratio

Relative to 20-period average volume

0.73xBearish

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 / --Bullish
Donchian Channel (20)

20-period breakout channel position

33%Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

32.0 / 21.8Bullish
Williams %R (14)

Neutral zone

-68.0Range
CCI (20)

Balanced zone

-53.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$29.85 (16.74%)Bearish
Bollinger Bands (20,2)

Width 43.15%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$234.83 / $114.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$148.49 / $208.19Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.0Range
OBV slope

20-period OBV slope

-91.33%Bearish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.48Range
Support

Nearest Downside Decision Level

$76.96Range

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