US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

4 hoursBullish90%
4h Upside probability 90%Bullish

AVY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $170.74 and reclaim $184.66.

Invalidation Trigger

Lose $170.74 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 68.3, MACD -0.079

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.67 (0.91%)

4h

EMA Structure

Bullish
EMA 8$182.67Bullish
EMA 21$180.63Bullish
EMA 50$177.12Bullish

Signals

CategoryReadStrength
Momentum
RSI 68.3 · MACD -0.079

Momentum is strong

Strength
Bullish
Volatility
ATR $1.67 · BB 5.81%

Low volatility

Strength
Bullish
Volume
MFI 73.3 · OBV 0.48%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$170.74 - $184.66

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.58% · 1.7 ATR above latest close

$186.33
Nearest resistance

+0.67% · 0.7 ATR above · 34-bar high

$184.66
Current price

Price shown is delayed

$183.43
Nearest support

-6.92% · 7.6 ATR below · 34-bar low

$170.74
Deeper support zone

-7.83% · 8.6 ATR below latest close

$169.07
ATR zone

Latest close ± ATR14

$181.76 - $185.1

Indicators

Trend

Dow Theory Structure

Confirmation $184.66, invalidation $179.95

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

28.1 / 33.6 / 24.3Bullish
Supertrend (10,3)

Price is above Supertrend

$178.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$180.83 / $174.38Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

Low volatility

$1.67 (0.91%)Bullish
Bollinger Bands (20,2)

Width 5.81%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$184.09 / $177.49Bullish
ATR channel lower / upper

Current Volatility Envelope

$181.76 / $185.1Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$184.66Range
Support

Nearest Downside Decision Level

$170.74Range

Momentum

RSI (14)

Momentum is strong

68.3Bullish
MACD (12,26,9)

Histogram is negative

-0.079Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.1 / 81.8Bullish
Williams %R (14)

Overbought zone

-17.9Bearish
CCI (20)

Balanced zone

82.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.3Bullish
OBV slope

20-period OBV slope

0.48%Bullish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Trend

Dow Theory Structure

Confirmation $184.66, invalidation $179.95

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

28.1 / 33.6 / 24.3Bullish
Supertrend (10,3)

Price is above Supertrend

$178.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$180.83 / $174.38Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

68.3Bullish
MACD (12,26,9)

Histogram is negative

-0.079Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.1 / 81.8Bullish
Williams %R (14)

Overbought zone

-17.9Bearish
CCI (20)

Balanced zone

82.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$1.67 (0.91%)Bullish
Bollinger Bands (20,2)

Width 5.81%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$184.09 / $177.49Bullish
ATR channel lower / upper

Current Volatility Envelope

$181.76 / $185.1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

73.3Bullish
OBV slope

20-period OBV slope

0.48%Bullish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$184.66Range
Support

Nearest Downside Decision Level

$170.74Range

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