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Paper Packaging Industry Stocks Technical Analysis - AVYArchive - 5/2/2025 - 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 0.62 points, or 0.36%, and closed at 171.42 on Friday, May 2, 2025. Weekly volume was 34% 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 price is now at the 18.85% retracement level.
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 chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 149.81 and resistance is at 178.53. 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 medium-term trend.
Weekly Technical Indicators: [See AVY weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since June 14, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 176.65 on April 23, 2025. AVY gained -19.65 points, or -12.52%, in 15 days. The price is now at the 26.62% retracement level.
Daily Technical Indicators: [See AVY daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. The price is close to 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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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Materials |
5 |
Industry |
Paper Packaging |
24 |
|
Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
Descending Triangle |
High |
176.65 |
High Date |
04/23/2025 |
Low |
168.09 |
Low Date |
04/30/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
157.00 |
Low Date |
04/08/2025 |
High |
176.65 |
High Date |
04/23/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Valid |
Resistance |
178.53 |
Support |
149.81 |
High |
224.26 |
High Date |
09/27/2024 |
Low |
157.00 |
Low Date |
04/08/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
233.48 |
High Date |
07/23/2024 |
Low |
157.00 |
Low Date |
04/08/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
17.02 |
Low Date |
03/09/2009 |
High |
233.48 |
High Date |
07/23/2024 |
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