US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

4 hoursBearish86%
4h Downside probability 86%Bearish

AVY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $181.08 and stabilize above resistance $185.77.

Invalidation Trigger

Break above $185.77 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.7, MACD -0.527

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.76 (0.99%)

4h

EMA Structure

Range
EMA 8$180.35Bearish
EMA 21$181.08Bearish
EMA 50$179.72Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.7 · MACD -0.527

Momentum is weak

Strength
Bearish
Volatility
ATR $1.76 · BB 4.09%

Low volatility

Strength
Bullish
Volume
MFI 49.3 · OBV -5.02%

Relative to 20-period average volume

Strength
Range
Price Levels
$175.77 - $185.77

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.15% · 5.2 ATR above latest close

$187.53
Nearest resistance

+4.17% · 4.2 ATR above · 34-bar high

$185.77
Current price

Price shown is delayed

$178.34
Nearest support

-1.44% · 1.5 ATR below · 34-bar low

$175.77
Deeper support zone

-2.43% · 2.5 ATR below latest close

$174.01
ATR zone

Latest close ± ATR14

$176.58 - $180.1

Indicators

Trend

Dow Theory Structure

Confirmation $179.32, invalidation $182.51

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

Trend strength is moderate

20.3 / 22.2 / 29.7Bearish
Supertrend (10,3)

Price is above Supertrend

$173.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$181.31 / $179.99Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Low volatility

$1.76 (0.99%)Bullish
Bollinger Bands (20,2)

Width 4.09%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$184.11 / $178.03Bullish
ATR channel lower / upper

Current Volatility Envelope

$176.58 / $180.1Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.77Range
Support

Nearest Downside Decision Level

$175.77Range

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-0.527Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 13.5Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-158.6Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-5.02%Bearish
Volume ratio

Relative to 20-period average volume

1.60xBullish

Trend

Dow Theory Structure

Confirmation $179.32, invalidation $182.51

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

Trend strength is moderate

20.3 / 22.2 / 29.7Bearish
Supertrend (10,3)

Price is above Supertrend

$173.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$181.31 / $179.99Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-0.527Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 13.5Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-158.6Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.76 (0.99%)Bullish
Bollinger Bands (20,2)

Width 4.09%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$184.11 / $178.03Bullish
ATR channel lower / upper

Current Volatility Envelope

$176.58 / $180.1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-5.02%Bearish
Volume ratio

Relative to 20-period average volume

1.60xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$185.77Range
Support

Nearest Downside Decision Level

$175.77Range

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