(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 132600
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 19.00 | 18.61 | 19.29 | 18.61 | 0.931 times |
22 Mon Apr 2024 | 18.56 | 18.77 | 18.77 | 18.52 | 0.848 times |
19 Fri Apr 2024 | 18.71 | 18.20 | 18.78 | 18.17 | 1.299 times |
18 Thu Apr 2024 | 18.32 | 18.43 | 18.65 | 18.29 | 1.179 times |
17 Wed Apr 2024 | 18.40 | 19.06 | 19.10 | 18.40 | 1.261 times |
16 Tue Apr 2024 | 18.82 | 19.24 | 19.24 | 18.82 | 0.772 times |
15 Mon Apr 2024 | 19.35 | 19.62 | 19.82 | 19.22 | 1.265 times |
12 Fri Apr 2024 | 19.64 | 19.84 | 20.08 | 19.43 | 1.146 times |
11 Thu Apr 2024 | 19.98 | 20.11 | 20.21 | 19.80 | 0.768 times |
10 Wed Apr 2024 | 19.93 | 19.90 | 20.02 | 19.71 | 0.903 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 18.9 as stoploss in an intra day buy trade for a target of 19.99. However, stock will show a bearish move below 18.9.
Share price targets for Faro Technologies (FARO)
Target Type | Value |
Downside Target | 18.17 |
Upside Target | 19.29 |
Upside Target | 20.61 |
Upside Target | 20.81 |
Upside Target | 21.63 |
Upside Target | 21.73 |
Upside Target | 22.52 |
Upside Target | 22.87 |
Upside Target | 24.21 |
Upside Target | 24.80 |
Intraday share price targets for Faro Technologies (FARO)
Target Type | Value |
Downside Intraday Target | 18.58 |
Downside Intraday Target | 18.17 |
Upside Intraday Target | 19.35 |
Upside Intraday Target | 19.71 |
Downside Intraday Target | 18.94 |
Weekly technical analysis of Faro Technologies (FARO)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 19.00 | 18.77 | 19.29 | 18.52 | 0.308 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 |
05 Fri Apr 2024 | 20.35 | 21.55 | 21.63 | 20.18 | 0.867 times |
28 Thu Mar 2024 | 21.51 | 21.44 | 21.73 | 20.74 | 0.723 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 |
23 Tue Apr 2024 | 19.00 | 21.55 | 21.63 | 18.17 | 0.366 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 |
31 Wed Jan 2024 | 22.64 | 22.43 | 24.21 | 20.10 | 0.837 times |
Scroll below to view daily charts
Price has moved down 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 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 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 SELL signal for Faro Technologies in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 19.03 and Faro Technologies (FARO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 SELL signal for Faro Technologies in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 19.03 and Faro Technologies (FARO) stock is trading below this level. This means that stock is falling with high volumes. 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.