(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 2024-03-08 View latest technical analysis
10 day averaged volume of Faro Technologies is 299290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 21.71 | 21.77 | 22.00 | 21.28 | 1.249 times |
| 07 Thu Mar 2024 | 21.54 | 21.78 | 21.78 | 21.27 | 1.07 times |
| 06 Wed Mar 2024 | 21.54 | 21.93 | 22.13 | 21.32 | 1.396 times |
| 05 Tue Mar 2024 | 21.48 | 21.66 | 22.06 | 21.22 | 1.119 times |
| 04 Mon Mar 2024 | 22.00 | 21.96 | 22.52 | 21.94 | 0.706 times |
| 01 Fri Mar 2024 | 22.01 | 22.50 | 22.51 | 21.69 | 0.907 times |
| 29 Thu Feb 2024 | 22.39 | 23.00 | 23.11 | 22.15 | 1.015 times |
| 28 Wed Feb 2024 | 22.40 | 22.80 | 24.80 | 22.06 | 1.731 times |
| 27 Tue Feb 2024 | 22.11 | 22.00 | 22.14 | 21.75 | 1.043 times |
| 26 Mon Feb 2024 | 21.79 | 20.89 | 21.79 | 20.61 | 0.544 times |
My analysis of stock is bearish for shortterm, and stock might move down till 21.4 or till 20.6. Use a stoploss of 22 and if the stock hits stoploss, then it can shoot up till 22.64
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 12.34 |
| Downside Target | 18.18 |
| Downside Target | 19.86 |
| Downside Target | 20.61 |
| Upside Target | 21.80 |
| Upside Target | 22.29 |
| Upside Target | 22.52 |
| 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 | 21.11 |
| Downside Intraday Target | 20.52 |
| Upside Intraday Target | 22.41 |
| Upside Intraday Target | 23.12 |
| Upside Intraday Target | 21.82 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 21.71 | 21.96 | 22.52 | 21.22 | 1.057 times |
| 01 Fri Mar 2024 | 22.01 | 20.89 | 24.80 | 20.61 | 2.219 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 |
Price has moved down 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 Fri Mar 2024 | 21.71 | 22.50 | 22.52 | 21.22 | 0.493 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 |
| 29 Fri Dec 2023 | 22.53 | 18.42 | 22.87 | 18.18 | 0.942 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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.
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 SELL signal in short term and selling is picking up 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 21.91 and Faro Technologies (FARO) stock is trading below this level. This means that stock is falling with high volumes. 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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.
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 SELL signal in short term and selling is picking up 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 21.91 and Faro Technologies (FARO) stock is trading below this level. This means that stock is falling with high volumes. 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.