AVERY DENNISON CORP (AVY) Technical Analysis
NYSE:AVY • US0536111091
Current stock price
AVY Technical Rating and Analysis
Overall AVY gets a technical rating of 0 out of 10. AVY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 75% of all other stocks performed better in the past year than AVY.
- AVY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVY is lagging the market.
- In the last month AVY has a been trading in the 160.62 - 199.54 range, which is quite wide. It is currently trading near the lows of this range.
- AVY is part of the Containers & Packaging industry. There are 22 other stocks in this industry, AVY did better than 42% of them.
AVY Weekly and Daily overview Charts
AVY Setup Rating and Analysis
The technical rating of AVY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AVY Support and Resistance Analysis
161.36
2 important resistance areas can be observed.
- A resistance zone ranging from 180.09 to 186.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @195.56 from a trend line in the weekly time frame.
AVY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AVY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVY is down. |
| ChartMill Relative Strength | 25.82 | NEGATIVE | AVY has a low relative strength, it was outperformed by 74.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.33 | OVERSOLD | The low RSI value suggests AVY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.24 | NEGATIVE | The MACD value suggests AVY has a negative trend. |
| Stochastics (14,3) | 4.84 | OVERSOLD | The low Stochastics value suggests AVY may be oversold. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for AVY suggests some volalility. |
| Average Directional Index/ADX (14) | 39.52 | POSITIVE | The high ADX value value for AVY suggests a strong trend. |
AVY Chart- and CandleStick Pattern Analysis
AVY Technicals: Chart, Performance Metrics, Trend & Indicators
162.99
-1.68 (-1.02%)
AVERY DENNISON CORP / AVY TA FAQ
What is the technical rating for AVY stock?
ChartMill assigns a technical rating of 0 / 10 to AVY.
Can you provide the trend direction for AVERY DENNISON CORP?
The current trend direction for AVERY DENNISON CORP (AVY) is Bearish.
Can you provide the RSI signal for AVERY DENNISON CORP?
AVERY DENNISON CORP (AVY) has an RSI value of 20.3322. This indicates that the stock is currently oversold.
What is the MACD signal for AVERY DENNISON CORP (AVY) stock?
The MACD indicator for AVERY DENNISON CORP (AVY) has a value of -2.23753, indicating a bearish trend.
What are the support and resistance levels for AVERY DENNISON CORP (AVY) stock?
AVERY DENNISON CORP (AVY) has a resistance level at 180.09. Check the full technical report for our detailed analysis of AVY support and resistance levels.