When (AVY) Moves Investors should Listen

July 18, 2024, 16:26 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AVY

• Buy AVY slightly over 217.84 target 228.15 stop loss @ 217.21 Details

The technical summary data tells us to buy AVY near 217.84 with an upside target of 228.15. This data also tells us to set a stop loss @ 217.21 to protect against excessive loss in case the stock begins to move against the trade. 217.84 is the first level of support below 223.93 , and by rule, any test of support is a buy signal. In this case, support 217.84 would be being tested, so a buy signal would exist.

• Short AVY slightly under 228.15, target 217.84, stop loss @ 228.81 Details

The technical summary data is suggesting a short of AVY as it gets near 228.15 with a downside target of 217.84. We should have a stop loss in place at 228.81though. 228.15 is the first level of resistance above 223.93, and by rule, any test of resistance is a short signal. In this case, if resistance 228.15 is being tested, so a short signal would exist.

Swing Trading Plans for AVY

• Buy AVY slightly over 224.68, target 228.15, Stop Loss @ 224.03 Details

If 224.68 begins to break higher, the technical summary data tells us to buy AVY just slightly over 224.68, with an upside target of 228.15. The data also tells us to set a stop loss @ 224.03 in case the stock turns against the trade. 224.68 is the first level of resistance above 223.93, and by rule, any break above resistance is a buy signal. In this case, 224.68, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AVY slightly near 224.68, target 220.16, Stop Loss @ 225.33. Details

The technical summary data is suggesting a short of AVY if it tests 224.68 with a downside target of 220.16. We should have a stop loss in place at 225.33 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 224.68, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AVY

• Buy AVY slightly over 224.74, target 228.15, Stop Loss @ 224.22 Details

If 224.74 begins to break higher, the technical summary data tells us to buy AVY just slightly over 224.74, with an upside target of 228.15. The data also tells us to set a stop loss @ 224.22 in case the stock turns against the trade. 224.74 is the first level of resistance above 223.93, and by rule, any break above resistance is a buy signal. In this case, 224.74, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AVY slightly near 224.74, target 222.76, Stop Loss @ 225.26. Details

The technical summary data is suggesting a short of AVY if it tests 224.74 with a downside target of 222.76. We should have a stop loss in place at 225.26 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 224.74, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Avery Dennison Corporation (AVY) available here: AVY.

AVY Ratings for July 18:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	217.84
P2	222.76	220.16	228.15
P3	224.74	224.68	237.73

AI Generated Signals for AVY

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Avery Dennison Corporation (NYSE: AVY) report below is a real world example. Included are trading plans for AVY, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.