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28.5% Return Seen to Date on SmarTrend Avery Dennison Call (AVY)

By David Diaz

SmarTrend identified an Uptrend for Avery Dennison (NYSE:AVY) on December 8th, 2016 at $73.56. In approximately 9 months, Avery Dennison has returned 28.53% as of today's recent price of $94.54.

Avery Dennison share prices have moved between a 52-week high of $96.70 and a 52-week low of $68.55 and are now trading 38% above that low price at $94.54 per share. The 200-day and 50-day moving averages have moved 0.39% higher and 1.11% higher over the past week, respectively.

Avery Dennison Corporation produces pressure-sensitive materials and a variety of tickets, tags, labels, and other converted products. The Company's pressure sensitive products are used in labeling, decorating, and specialty applications. Avery Dennison's non-pressure sensitive products include tickets, tags, RFID inlays, and services for retailers, apparel manufacturers, and brand owners.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Avery Dennison shares.

Log in and add Avery Dennison (AVY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights avery dennison

Ticker(s): AVY