The best indicator for Avery Dennison (AVY)
We backtested 20 indicators across daily, weekly and hourly charts on real Avery Dennison (AVY) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
WaveTrend (8/6/4)
On the daily chart, this is the strongest risk-adjusted edge we found for Avery Dennison (AVY) over ~53.3 years — trailing buy-and-hold by 0.5% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | WaveTrend (8/6/4) ✓ | Daily | 8.0% | 0.46 | -49.1% | 77.9% | 208 | -0.5% |
| 2 | Williams %R ✓ | Daily | 5.9% | 0.38 | -59.6% | 69.9% | 359 | -2.6% |
| 3 | Stochastic ✓ | Daily | 5.4% | 0.37 | -46.7% | 68.5% | 273 | -3.1% |
| 4 | Stochastic ✓ | Weekly | 5.5% | 0.37 | -63.7% | 80.8% | 52 | -2.9% |
| 5 | EMA 20/50 Cross ✓ | Weekly | 5.2% | 0.34 | -65.7% | 41.7% | 24 | -3.3% |
| 6 | Bollinger Mean-Reversion ✓ | Daily | 4.3% | 0.33 | -54.1% | 68.8% | 231 | -4.2% |
| 7 | Williams %R ✓ | Weekly | 4.6% | 0.32 | -65.0% | 79.2% | 72 | -3.9% |
| 8 | Money Flow Index ✓ | Daily | 4.3% | 0.31 | -64.3% | 73.4% | 64 | -4.2% |
| 9 | CCI ✓ | Daily | 4.2% | 0.3 | -58.4% | 71.5% | 267 | -4.3% |
| 10 | Holy Grail Confluence ✓ | Daily | 3.4% | 0.27 | -52.9% | 75.6% | 78 | -5.1% |
| 11 | CCI ✓ | Weekly | 3.5% | 0.27 | -68.7% | 79.2% | 53 | -5.0% |
| 12 | MACD ✓ | Daily | 3.3% | 0.26 | -75.1% | 36.9% | 536 | -5.2% |
| 13 | EMA 50/200 Cross ✓ | Daily | 3.1% | 0.25 | -62.6% | 35.0% | 40 | -5.4% |
| 14 | Bollinger Mean-Reversion ✓ | Weekly | 3.0% | 0.25 | -49.8% | 73.8% | 42 | -5.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Avery Dennison (AVY), WaveTrend (8/6/4) on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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