(FARO) Faro Technologies complete technical analysis [charts+indicators] | Buy/Sell Faro Technologies | (FARO) share price targets
Complete technical analysis of Faro Technologies (FARO) by charts plus indicators, forecast predictions and share price targets for Faro Technologies (FARO)
Faro Technologies trades in USA in Capital Goods sector.
10 day averaged volume of Faro Technologies is 140020
Date | Daily Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 18.80 | 18.58 | 19.02 | 18.47 | 0.848 times |
07 Tue May 2024 | 18.83 | 18.37 | 18.84 | 18.23 | 1.051 times |
06 Mon May 2024 | 18.24 | 18.25 | 18.33 | 17.80 | 1.547 times |
03 Fri May 2024 | 18.16 | 18.94 | 18.96 | 18.02 | 1.173 times |
02 Thu May 2024 | 18.35 | 19.34 | 19.42 | 18.34 | 1.365 times |
01 Wed May 2024 | 18.89 | 18.87 | 19.42 | 18.80 | 0.501 times |
30 Tue Apr 2024 | 18.75 | 18.78 | 18.90 | 18.48 | 1.062 times |
29 Mon Apr 2024 | 19.04 | 19.08 | 19.20 | 18.91 | 0.673 times |
26 Fri Apr 2024 | 18.92 | 18.53 | 19.13 | 18.35 | 0.917 times |
25 Thu Apr 2024 | 18.45 | 18.32 | 18.61 | 18.30 | 1.022 times |
My analysis of stock is bullish for shortterm, and stock might move up till 19.2 or till 19.8. Use a stoploss of 18.79 and if this stock hits its stoploss, then it can fall down till 18.34
Share price targets for Faro Technologies (FARO)
Target Type | Value |
Downside Target | 17.80 |
Upside Target | 19.02 |
Upside Target | 19.70 |
Upside Target | 19.82 |
Upside Target | 20.10 |
Upside Target | 20.61 |
Upside Target | 20.81 |
Upside Target | 21.63 |
Upside Target | 22.52 |
Upside Target | 24.21 |
Upside Target | 24.80 |
Intraday share price targets for Faro Technologies (FARO)
Target Type | Value |
Downside Intraday Target | 18.06 |
Downside Intraday Target | 17.32 |
Upside Intraday Target | 19.28 |
Upside Intraday Target | 19.76 |
Downside Intraday Target | 18.54 |
Weekly technical analysis of Faro Technologies (FARO)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 18.80 | 18.25 | 19.02 | 17.80 | 0.722 times |
03 Fri May 2024 | 18.16 | 19.08 | 19.42 | 18.02 | 1.106 times |
26 Fri Apr 2024 | 18.92 | 18.77 | 19.29 | 18.30 | 0.789 times |
19 Fri Apr 2024 | 18.71 | 19.62 | 19.82 | 18.17 | 1.122 times |
12 Fri Apr 2024 | 19.64 | 20.39 | 20.81 | 19.43 | 1.11 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Faro Technologies (FARO)
Date | Monthly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 18.80 | 18.87 | 19.42 | 17.80 | 0.312 times |
30 Tue Apr 2024 | 18.75 | 21.55 | 21.63 | 18.17 | 0.463 times |
28 Thu Mar 2024 | 21.51 | 22.50 | 22.52 | 19.70 | 1.605 times |
29 Thu Feb 2024 | 22.39 | 22.80 | 24.80 | 20.61 | 0.848 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Faro Technologies (FARO)
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Faro Technologies ( (FARO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Faro Technologies stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Faro Technologies in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Faro Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Faro Technologies in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Faro Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.57 and Faro Technologies (FARO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Faro Technologies (FARO) stock. Volume based technical analysis of Faro Technologies (FARO) stock is negative.
Faro Technologies Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Faro Technologies ( (FARO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Faro Technologies stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Faro Technologies in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Faro Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Faro Technologies in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Faro Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.57 and Faro Technologies (FARO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Faro Technologies (FARO) stock. Volume based technical analysis of Faro Technologies (FARO) stock is negative.
Faro Technologies Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.