Is Avery Dennison Corp. technically bullish or bearish?

As of 26 August 2025, the technical trend for Avery Dennison Corp. has changed from mildly bearish to bearish. The current technical stance is bearish, with key indicators supporting this view including bearish MACD readings on both weekly and monthly time frames, bearish Bollinger Bands, and bearish moving averages on the daily chart. The KST is also bearish across both weekly and monthly periods. Although the OBV shows a mildly bullish signal on the weekly, it turns bearish on the monthly, indicating weakness.
In terms of performance, Avery Dennison has underperformed the S&P 500 across multiple periods, with a year-to-date return of -11.80% compared to the S&P 500's 12.22%, and a one-year return of -21.17% versus the S&P 500's 17.14%.