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Bullish Moving Average Cross by Avery Dennison (AVY)

By Shiri Gupta

Avery Dennison (NYSE:AVY) crossed over its 10-day moving average of $73.17 on a volume of 362K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Avery Dennison share prices have moved between a 52-week high of $77.38 and a 52-week low of $53.56 and are now trading 39% above that low price at $74.24 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.1%.

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