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Paper Packaging Industry Stocks Technical Analysis - AVYArchive - 6/6/2025 - Sign In to see current Signals. |
Avery Dennison Corp. (AVY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Avery Dennison Corp. (AVY). During the week, the AVY gained 2.14 points, or 1.20%, and closed at 179.87 on Friday, June 6, 2025. Weekly volume was 18% above average.
Long-term trend: [See AVY long-term trend chart] A long-term downtrend had started on July 23, 2024 at 233.48 and reached 157.00 on April 8, 2025. AVY lost 76.48 points, or 32.76%, in 37 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 146.27 and resistance is at 190.52. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See AVY medium-term trend chart] A medium-term uptrend had started on April 8, 2025 at 157.00 and reached 184.25 on May 20, 2025. AVY gained -27.25 points, or -17.36%, in 6 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (187.31) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See AVY weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See AVY short-term trend chart] A short-term downtrend had started on May 20, 2025 at 184.25 and reached 173.64 on June 2, 2025. AVY lost 10.61 points, or 5.76%, in 13 days. The price is now at the 58.72% retracement level.
Daily Technical Indicators: [See AVY daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 27, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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