pool adsAvery Dennison $AVY Trading Report
The Avery Dennison (NYSE: AVY) update and the technical summary table below can help you manage risk and optimize returns. Here we provide day, swing, and longer-term trading plans for AVY, and we cover 1000 other stocks too. This is a snapshot, it was real-time when the report was published, but prices change and so do support and resistance levels. Update this report, and get unlimited real time reports here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Neutral | Weak | Neutral |
| P1 | 0 | 0 | 96.60 |
| P2 | 112.20 | 111.02 | 113.91 |
| P3 | 115.71 | 115.01 | 128.89 |
Support and Resistance Plot Chart for AVY
Long Term Trading Plans for AVY
August 6, 2020, 6:30 pm ET
The Technical Summary and Trading Plans for AVY help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this AVY Report.
AVY - (Long) Support Plan
The technical summary data tells us to buy AVY near 113.91 with an upside target of 128.89. This data also tells us to set a stop loss @ 113.65 to protect against excessive loss in case the stock begins to move against the trade. 113.91 is the first level of support below 114.45 , and by rule, any test of support is a buy signal. In this case, support 113.91 is being tested, a buy signal would exist.
AVY - (Short) Resistance Plan
The technical summary data is suggesting a short of AVY as it gets near 128.89 with a downside target of 113.91. We should have a stop loss in place at 129.15 though. 128.89 is the first level of resistance above 114.45, and by rule, any test of resistance is a short signal. In this case, if resistance 128.89 is being tested, a short signal would exist.
