AVY Crosses Below Key Moving Average Level

In trading on Thursday, shares of Avery Dennison Corp. (AVY) crossed below their 200 day moving average of $47.69, changing hands as low as $47.40 per share. Avery Dennison Corp. shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of AVY shares, versus its 200 day moving average:

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Avery Dennison Corp. 200 Day Moving Average Chart

Looking at the chart above, AVY's low point in its 52 week range is $40.71 per share, with $52.24 as the 52 week high point — that compares with a last trade of $47.57.

According to the ETF Finder at ETF Channel, AVY makes up 3.06% of the Guggenheim S&P 500 Equal Weight Materials ETF ( RTM) which is trading lower by about 1.3% on the day Thursday.

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