(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 137660
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 18.83 | 18.37 | 18.84 | 18.23 | 1.069 times |
06 Mon May 2024 | 18.24 | 18.25 | 18.33 | 17.80 | 1.573 times |
03 Fri May 2024 | 18.16 | 18.94 | 18.96 | 18.02 | 1.193 times |
02 Thu May 2024 | 18.35 | 19.34 | 19.42 | 18.34 | 1.388 times |
01 Wed May 2024 | 18.89 | 18.87 | 19.42 | 18.80 | 0.509 times |
30 Tue Apr 2024 | 18.75 | 18.78 | 18.90 | 18.48 | 1.08 times |
29 Mon Apr 2024 | 19.04 | 19.08 | 19.20 | 18.91 | 0.685 times |
26 Fri Apr 2024 | 18.92 | 18.53 | 19.13 | 18.35 | 0.933 times |
25 Thu Apr 2024 | 18.45 | 18.32 | 18.61 | 18.30 | 1.04 times |
24 Wed Apr 2024 | 18.62 | 18.99 | 19.12 | 18.45 | 0.702 times |
My analysis of stock is bearish for shortterm, and stock might move down till 18.3 or till 17.7. Use a stoploss of 18.85 and if the stock hits stoploss, then it can shoot up till 19.36
Share price targets for Faro Technologies (FARO)
Target Type | Value |
Downside Target | 17.80 |
Upside Target | 18.84 |
Upside Target | 19.29 |
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 | 18.14 |
Downside Intraday Target | 17.45 |
Upside Intraday Target | 19.18 |
Upside Intraday Target | 19.53 |
Downside Intraday Target | 18.49 |
Weekly technical analysis of Faro Technologies (FARO)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 18.83 | 18.25 | 18.84 | 17.80 | 0.544 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 |
07 Tue May 2024 | 18.83 | 18.87 | 19.42 | 17.80 | 0.271 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Faro Technologies in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Faro Technologies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.56 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 falling down
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 has given negative 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Faro Technologies in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Faro Technologies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.56 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 falling down
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 has given negative 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.