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OBV Indicator for [AVY] Avery Dennison Corp.

Data updated 2024-Nov-22 (Friday)

  Analyze current daily levels of On Balance Volume indicator for Avery Dennison Corp. . Technicals are widely used by investors to gauge performance, momentum etc. See Guide for further details . To compare technicals across stocks/etfs/crypto visit technical summary . Also, view daily frequency distribution of bullish/bearish technical signals (e.g. RSI, MACD etc.) with technical sentiment report to gauge changes in aggregate across the market or a particular sector

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Recent Technical Indicator history for Avery Dennison Corp. use daily On Balance Volume (OBV) values as of Last Close (2024-Nov-22). See additional information below on calculation, interpretation etc.

On Balance Volume



Calculation Methodology:
Standard calculations as detailed in any of the reference links

FYI, calculation differs from OBV because OBV looks at the days close compared to prior close whereas AD looks at the close with respect to the daily high-low range

Detailed calculation steps are provided in the Reference links. Values are adjusted for splits (if applicable)
How to use this indicator:
OBV indicator measures buying and selling pressure by calculating cumulative volume which is increased by volume on up days and decreased by volume on down days. OBV is a leading indicator and often moves before price.The slope of the OBV line in contrast to the price movement is a relevant factor of any analysis.
  • Rising OBV moving in a coordinated manner (higher peaks and troughs) with rising price indicates likelihood of continuation of uptrend. If price rise and OBV arent moving up in a coordinated manner signals possible breakdown of the uptrend in the future(Negative divergence). Alternatively, if the price is in a trading range, a rising OBV signals possible upward breakout
  • Falling OBV in lockstep with lower prices indicates negative volume pressure continuing downtrend. A break in the lockstep movement (Positive Divergence) indicates possibility of stalling of the downtrend or reversal. A Falling OBV while in a trading range can be an indication of a downward breakout
  • Volume spikes can throw off the signaling effect for a period of time

    Interpretation above is not comprehensive but rather just a starting point of understanding. Experienced market professionals typically use a combination of different datapoints to drive decisions. Use additional links in the References section for more details
    What about other technicals?

    There are many technicals and many different settings for even the above indicators like different moving average periods selected for example. We however show only popular technical indicators with the most common configuration because they have historically gained acceptance as being the most useful. Mastering interpretation of these indicators will serve most investors well without adding clutter or noise from a large selection of less common indicators/settings. Email us if you strongly feel that there are other indicators worth adding

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    Compare Technicals for Avery Dennison Corp. with other stocks/etfs/crypto in a side-by-side presentation using this widget

    Frequency distribution of daily OBV values from 2022-Nov-22. Latest OBV value is 144 Million as of 2024-Nov-22


    AVY : Key Technicals 2024-Nov-22 Friday
    AD 165 Million ADX 29.8
    ATR 3.42 CCI -34.8
    MACD 0.1 OBV 144 Million
    OSC 30.5 19.8 RSI 45

    Anomalies  AI

    Anomaly Detection for Avery Dennison Corp. looks at key performance metrics relative to it's history (upto 10 years) for Avery Dennison Corp. to identify unusual levels for 2024-Nov-22:

  • Streak (days) at 3 up days is unusually high. Subsequent performance over next 200 days in such cases averages +15.6% and is up 79% of the time
  • 100-d Downswing at +3.6% is extremely low. Subsequent performance over next 20 days in such cases averages +1.7% and is up 67% of the time. Subsequent performance over next 200 days in such cases averages +15.8% and is up 80% of the time
  • 30-d Performance at -7.1% is extraordinarily low. Subsequent performance over next 20 days in such cases averages +2.2% and is up 66% of the time. Subsequent performance over next 200 days in such cases averages +14.4% and is up 74% of the time
  • 5-d Upswing at -0.2% is unusually high. Subsequent performance over next 200 days in such cases averages +15.5% and is up 79% of the time
  • 200-d Downswing at +3.6% is extraordinarily low. Subsequent performance over next 200 days in such cases averages +21.0% and is up 94% of the time
  • ...
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    Anomaly Detection for Avery Dennison Corp. looks at key technical metrics relative to it's history (upto 10 years) for Avery Dennison Corp. to identify unusual levels for 2024-Nov-22:

  • MACD at -3.4 is extremely depressed
  • Chaikin A/D at 200 Million is unusually elevated
  • % off 200d SMA at -6.3% is extraordinarily depressed. Subsequent performance over next 20 days in such cases averages +2.7% and is up 69% of the time. Subsequent performance over next 200 days in such cases averages +33.3% and is up 90% of the time
  • ...
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     Anomaly Details




    Related to Avery Dennison Corp.

    Information for Avery Dennison Corp.

      Current Detail : Recent daily/monthly performance & benchmark comparison
      Historical Detail : Historical performance & related information using Time Machine
      Financial Statements : Analyze Income Statement, Balance Sheet & Cashflow Statement and also compare with peers
      Bayesian Statement Classifier : Investigate historical financial statements to make probabalistic predictions using Artificial Intelligence
      Anomaly Detection : Investigate unusual recent performance & technicals with historical context using AI
      Historical Seasonality : Seasonal performance by calendar months
      Dividend History : History of Dividend Yield
      Technical History : Popular Technical indicator trends (RSI, MACD etc.) Currently Viewing
      Metric Deciles : Contextualizing recent performance & technical levels into historical decile buckets
      Dollar Cost Averaging : Dollar Cost Average (DCA) over time in your portfolio
      Moving Averages : Key Simple & Exponential Moving Averages
      Historical Analogues : Insights from closest historical matches to recent performance using Artificial Intelligence
      Chart Pattern Matching : Insights from similar historical charts to recent chart using Artificial Intelligence
      News Stories : News stories on 2024-Nov-22 on Google
      SEC Reports : Quarterly reports around 2024-Nov-22 on SEC Edgar

    Compare Avery Dennison Corp. with other assets

      Market Performance : Recent performance across covered assets
      Historical Performance : Prior & Subsequent performance across assets on a historical date
      Market Technicals : Technical indicator levels across covered assets
      Market Seasonality : Seasonal performance by calendar months across covered assets
      Pair Correlations : Performance Correlations with other assets
      Beta : Volatility relative to the broad market
      Performance Comparison : Visually compare/benchmark performance with other assets over time
      Side-by-Side Comparison : Contrast with other assets over time in a side-by-side presentation
      Sector : Materials sector performance which includes Avery Dennison Corp.
      Industry : Containers/Packaging industry performance which includes Avery Dennison Corp.










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