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Bullish Moving Average Cross by Avery Dennison (AVY)

By Amy Schwartz

Avery Dennison (NYSE:AVY) shares have crossed bullishly above their 10-day moving average of $113.91 on a volume of 134K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Avery Dennison has traded in a range of $82.89 to $120.65 and is now at $115.31, 39% above that low. The 200-day and 50-day moving averages have moved 0.40% higher and 0.16% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Avery Dennison and will alert subscribers who have AVY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses avery dennison

Ticker(s): AVY