US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

4 hoursBullish73%
4h Upside probability 73%Bullish

AVY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $156 and reclaim $167.84.

Invalidation Trigger

Lose $156 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 50.5, MACD 0.438

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.55 (0.97%)

4h

EMA Structure

Range
EMA 8$160.6Bearish
EMA 21$160.19Bullish
EMA 50$160.54Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.5 · MACD 0.438

Neutral zone

Strength
Bullish
Volatility
ATR $1.55 · BB 4.98%

Low volatility

Strength
Bullish
Volume
MFI 44.1 · OBV -1.51%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$156 - $167.84

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.6% · 5.8 ATR above latest close

$169.39
Nearest resistance

+4.63% · 4.8 ATR above · 34-bar high

$167.84
Current price

Price shown is delayed

$160.41
Nearest support

-2.75% · 2.8 ATR below · 34-bar low

$156
Deeper support zone

-3.72% · 3.8 ATR below latest close

$154.45
ATR zone

Latest close ± ATR14

$158.86 - $161.96

Indicators

Trend

Dow Theory Structure

Confirmation $164.5, invalidation $156

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

30.3 / 43.9 / 28.6Bullish
Supertrend (10,3)

Price is above Supertrend

$155.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$160.25 / $161.92Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Low volatility

$1.55 (0.97%)Bullish
Bollinger Bands (20,2)

Width 4.98%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$163.55 / $156.81Bullish
ATR channel lower / upper

Current Volatility Envelope

$158.86 / $161.96Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$167.84Range
Support

Nearest Downside Decision Level

$156Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is positive

0.438Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.9 / 60.7Bearish
Williams %R (14)

Neutral zone

-48.1Range
CCI (20)

Balanced zone

30.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.1Bearish
OBV slope

20-period OBV slope

-1.51%Bearish
Volume ratio

Relative to 20-period average volume

1.44xBullish

Trend

Dow Theory Structure

Confirmation $164.5, invalidation $156

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

30.3 / 43.9 / 28.6Bullish
Supertrend (10,3)

Price is above Supertrend

$155.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$160.25 / $161.92Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is positive

0.438Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.9 / 60.7Bearish
Williams %R (14)

Neutral zone

-48.1Range
CCI (20)

Balanced zone

30.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$1.55 (0.97%)Bullish
Bollinger Bands (20,2)

Width 4.98%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$163.55 / $156.81Bullish
ATR channel lower / upper

Current Volatility Envelope

$158.86 / $161.96Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.1Bearish
OBV slope

20-period OBV slope

-1.51%Bearish
Volume ratio

Relative to 20-period average volume

1.44xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$167.84Range
Support

Nearest Downside Decision Level

$156Range

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