(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.
Showing technical analysis as on 2024-02-29 View latest technical analysis
10 day averaged volume of Faro Technologies is 219110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 22.39 | 23.00 | 23.11 | 22.15 | 1.386 times |
| 28 Wed Feb 2024 | 22.40 | 22.80 | 24.80 | 22.06 | 2.364 times |
| 27 Tue Feb 2024 | 22.11 | 22.00 | 22.14 | 21.75 | 1.425 times |
| 26 Mon Feb 2024 | 21.79 | 20.89 | 21.79 | 20.61 | 0.743 times |
| 23 Fri Feb 2024 | 20.88 | 21.39 | 21.39 | 20.85 | 0.642 times |
| 22 Thu Feb 2024 | 21.36 | 21.40 | 21.50 | 21.16 | 0.952 times |
| 21 Wed Feb 2024 | 21.28 | 21.50 | 21.50 | 20.90 | 0.918 times |
| 20 Tue Feb 2024 | 21.92 | 22.18 | 22.29 | 21.80 | 0.714 times |
| 16 Fri Feb 2024 | 22.64 | 22.63 | 22.82 | 22.19 | 0.759 times |
| 15 Thu Feb 2024 | 22.92 | 22.44 | 23.00 | 22.33 | 0.837 times |
My analysis of stock is bullish for shortterm, and stock might move up till 22.9 or till 23.7. Use a stoploss of 22.24 and if this stock hits its stoploss, then it can fall down till 21.58
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 12.34 |
| Downside Target | 15.31 |
| Downside Target | 18.18 |
| Downside Target | 19.86 |
| Downside Target | 20.61 |
| Downside Target | 21.80 |
| Downside Target | 22.24 |
| Upside Target | 22.87 |
| Upside Target | 23.09 |
| Upside Target | 23.68 |
| Upside Target | 24.21 |
| Upside Target | 24.80 |
Intraday share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Intraday Target | 20.4 |
| Downside Intraday Target | 18.41 |
| Upside Intraday Target | 24.59 |
| Upside Intraday Target | 26.79 |
| Upside Intraday Target | 22.6 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 22.39 | 20.89 | 24.80 | 20.61 | 1.835 times |
| 23 Fri Feb 2024 | 20.88 | 22.18 | 22.29 | 20.85 | 0.723 times |
| 16 Fri Feb 2024 | 22.64 | 23.16 | 23.68 | 21.00 | 1.388 times |
| 09 Fri Feb 2024 | 23.01 | 22.17 | 23.09 | 21.80 | 0.913 times |
| 02 Fri Feb 2024 | 22.53 | 22.71 | 24.21 | 22.24 | 0.754 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Faro Technologies (FARO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 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 |
| 29 Fri Dec 2023 | 22.53 | 18.42 | 22.87 | 18.18 | 0.942 times |
| 30 Thu Nov 2023 | 18.37 | 12.78 | 19.86 | 12.34 | 1.736 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Faro Technologies stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell 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 green color and prices are in or below the green 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 SELL signal in short term but selling 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 22.06 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 positive
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Faro Technologies stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell 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 green color and prices are in or below the green 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 SELL signal in short term but selling 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 22.06 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.