US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

3 monthsBearish72%
3M Downside probability 72%Bearish

AVY 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $181.89 and stabilize above resistance $231.94.

Invalidation Trigger

Break above $231.94 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

3M
Momentum StateRange
Momentum mixed

RSI 52.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $29.2 (17.61%)

3M

EMA Structure

Range
EMA 8$177.8Bearish
EMA 21$181.89Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 52.3 · MACD --

Neutral zone

Strength
Range
Volatility
ATR $29.2 · BB 43.48%

High volatility

Strength
Bearish
Volume
MFI 45.9 · OBV -194.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$112.03 - $231.94

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+57.49% · 3.3 ATR above latest close

$261.14
Nearest resistance

+39.87% · 2.3 ATR above · 24-bar high

$231.94
Current price

Price shown is delayed

$165.82
Nearest support

-32.44% · 1.8 ATR below · 24-bar low

$112.03
Deeper support zone

-50.05% · 2.8 ATR below latest close

$82.83
ATR zone

Latest close ± ATR14

$136.62 - $195.02

Indicators

Trend

Dow Theory Structure

Confirmation $156.53, invalidation $199

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$76.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

17%Range

Volatility

ATR (14)

High volatility

$29.2 (17.61%)Bearish
Bollinger Bands (20,2)

Width 43.48%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$239.51 / $122.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.62 / $195.02Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$231.94Range
Support

Nearest Downside Decision Level

$112.03Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

16.7 / 24.0Bearish
Williams %R (14)

Oversold zone

-83.3Bullish
CCI (20)

Balanced zone

-95.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.9Range
OBV slope

20-period OBV slope

-194.94%Bearish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Trend

Dow Theory Structure

Confirmation $156.53, invalidation $199

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$76.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

17%Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

16.7 / 24.0Bearish
Williams %R (14)

Oversold zone

-83.3Bullish
CCI (20)

Balanced zone

-95.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$29.2 (17.61%)Bearish
Bollinger Bands (20,2)

Width 43.48%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$239.51 / $122.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.62 / $195.02Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.9Range
OBV slope

20-period OBV slope

-194.94%Bearish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$231.94Range
Support

Nearest Downside Decision Level

$112.03Range

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