|
Downtrend Broken Resist.Archive - 4/25/2025 - Sign In to see current Signals. |
Avery Dennison Corp. (AVY) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Avery Dennison Corp. (AVY). During the week, the AVY gave back -0.05 points, or -0.03%, and closed at 170.80 on Friday, April 25, 2025. Weekly volume was 95% 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 168.90 and resistance is at 177.30. 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 20.52% retracement level.
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 29.77% 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.
| |
|
|