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Archive - 4/17/2025 - 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 first positive week for the Avery Dennison Corp. (AVY). During the week, the AVY climbed 1.15 points, or 0.68%, and closed at 170.85 on Thursday, April 17, 2025. Weekly volume was 39% 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 Falling Wedge chart pattern. The trend support level is at 169.79 and resistance is at 178.90. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See AVY medium-term trend chart] A medium-term downtrend had started on September 27, 2024 at 224.26 and reached 157.00 on April 8, 2025. AVY lost 67.26 points, or 29.99%, in 27 weeks. The price is now at the 20.59% retracement level.
Weekly Technical Indicators: [See AVY weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since June 14, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See AVY short-term trend chart] A short-term uptrend had started on April 8, 2025 at 157.00 and reached 172.97 on April 15, 2025. AVY gained -15.97 points, or -10.17%, in 7 days. The price is now at the 13.27% retracement level.
Daily Technical Indicators: [See AVY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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.
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