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Avery Dennison Up 21.4% Since SmarTrend Uptrend Call (AVY)

By Nick Russo

SmarTrend identified an Uptrend for Avery Dennison (NYSE:AVY) on January 7th, 2019 at $90.74. In approximately 2 months, Avery Dennison has returned 21.36% as of today's recent price of $110.12.

In the past 52 weeks, shares of Avery Dennison have traded between a low of $82.89 and a high of $117.56 and are now at $110.18, which is 33% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.7% while the 200-day MA has remained constant.

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