October 27, 2025 a 10:15 am
AVY: Fibonacci Analysis - Avery Dennison Corporation
Avery Dennison Corporation has shown resilience in its stock performance despite economic headwinds. With its broad reach in various market segments, the company remains a staple in the pressure-sensitive materials industry. While recent price movements indicate potential oscillations, investors might consider Fibonacci levels for strategic entry points.
Fibonacci Analysis
| Detail | Information |
|---|---|
| Trend Type | Down |
| Start Date | 2024-12-09 |
| End Date | 2025-10-24 |
| High Point (Date & Price) | 2024-12-09, 204.04 |
| Low Point (Date & Price) | 2025-10-20, 160.25 |
Fibonacci Retracement Levels
| Level | Price |
|---|---|
| 0.236 | 171.906 |
| 0.382 | 179.254 |
| 0.5 | 187.145 |
| 0.618 | 195.036 |
| 0.786 | 205.528 |
The current price of $181.59 is within the 0.382 retracement zone, suggesting a potential resistance level.
Technically, this level could serve as a point of resistance, where the price might face selling pressure. If it breaks beyond this point, the next target could be at the 0.5 level.
Conclusion
Avery Dennison Corporation's recent downtrend shows an opportunity for potential rebound at key Fibonacci levels. While 0.382 marks the current resistance, a breach could lead to testing higher retracement levels, offering upside potential for bullish traders. However, failure to surpass these levels may consolidate bearish sentiment. Analysts should watch these levels closely, as breaking them could either affirm a recovery or deepen the ongoing downtrend. Market participants should maintain a balanced view, considering both macroeconomic factors and the stock's technical backdrop.