Login or Join
Learn then Earn

(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 120566

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 19.12 19.69 19.79 19.01 0.759 times
16 Thu May 2024 19.57 19.19 19.61 19.10 0.742 times
15 Wed May 2024 19.21 19.06 19.31 18.81 0.617 times
14 Tue May 2024 18.76 19.14 19.14 18.67 0.798 times
13 Mon May 2024 18.76 19.18 19.30 18.67 0.955 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 19.2 as stoploss in an intra day sell trade for a target of 18.83. However, stock will show a bullish move above 19.2.

Share price targets for Faro Technologies (FARO)

Target Type Value
Downside Target 17.80
Downside Target 18.67
Upside Target 19.29
Upside Target 19.79
Upside Target 19.82
Upside Target 20.10
Upside Target 20.61
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 18.6
Downside Intraday Target 18.07
Upside Intraday Target 19.72
Upside Intraday Target 20.31
Upside Intraday Target 19.19

Weekly technical analysis of Faro Technologies (FARO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 19.12 19.18 19.79 18.67 0.631 times
10 Fri May 2024 18.95 18.25 19.59 17.80 1.106 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

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
17 Fri May 2024 19.12 18.87 19.79 17.80 0.56 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 0.877 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 24, 12, 33 Buy
MACD -0, -1Buy
Stochastics 81Buy
CCI 86Sell
RSI 54Buy
OBV -33177Sell
VWAP 19Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Faro Technologies ( (FARO) ) based on a short 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 short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Faro Technologies in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 18.91 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.

Learn then Earn
Back to top | Use Dark Theme