US stock / ETF

Avery Dennison Corp.

AVY · NYSE · USD

4 hoursBullish82%
4h Upside probability 82%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 $152.58 and reclaim $167.33.

Invalidation Trigger

Lose $152.58 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 58.2, MACD 0.518

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.66 (1.62%)

4h

EMA Structure

Bullish
EMA 8$163.45Bullish
EMA 21$161.41Bullish
EMA 50$160.41Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.2 · MACD 0.518

Momentum is strong

Strength
Bullish
Volatility
ATR $2.66 · BB 6.46%

Low volatility

Strength
Range
Volume
MFI 44.8 · OBV -31.42%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$152.58 - $167.33

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.41% · 2.1 ATR above latest close

$169.99
Nearest resistance

+1.79% · 1.1 ATR above · 34-bar high

$167.33
Current price

Price shown is delayed

$164.39
Nearest support

-7.18% · 4.4 ATR below · 34-bar low

$152.58
Deeper support zone

-8.8% · 5.4 ATR below latest close

$149.92
ATR zone

Latest close ± ATR14

$161.73 - $167.05

Indicators

Trend

Dow Theory Structure

Confirmation $167.33, invalidation $156.61

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

Trend strength is moderate

16.5 / 24.5 / 24.6Bearish
Supertrend (10,3)

Price is above Supertrend

$158.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.42 / $159.96Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

Low volatility

$2.66 (1.62%)Range
Bollinger Bands (20,2)

Width 6.46%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$165.95 / $157.07Range
ATR channel lower / upper

Current Volatility Envelope

$161.73 / $167.05Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$167.33Range
Support

Nearest Downside Decision Level

$152.58Range

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is positive

0.518Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.6 / 77.0Bearish
Williams %R (14)

Neutral zone

-27.4Range
CCI (20)

Strong expansion

111.0Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

-31.42%Bearish
Volume ratio

Relative to 20-period average volume

0.44xBearish

Trend

Dow Theory Structure

Confirmation $167.33, invalidation $156.61

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

Trend strength is moderate

16.5 / 24.5 / 24.6Bearish
Supertrend (10,3)

Price is above Supertrend

$158.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.42 / $159.96Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is positive

0.518Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.6 / 77.0Bearish
Williams %R (14)

Neutral zone

-27.4Range
CCI (20)

Strong expansion

111.0Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$2.66 (1.62%)Range
Bollinger Bands (20,2)

Width 6.46%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$165.95 / $157.07Range
ATR channel lower / upper

Current Volatility Envelope

$161.73 / $167.05Range

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

-31.42%Bearish
Volume ratio

Relative to 20-period average volume

0.44xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$167.33Range
Support

Nearest Downside Decision Level

$152.58Range

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