(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 2024-03-15 View latest technical analysis
10 day averaged volume of Faro Technologies is 334200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 20.11 | 20.08 | 20.34 | 19.90 | 3.756 times |
| 14 Thu Mar 2024 | 20.20 | 20.03 | 20.53 | 19.97 | 0.923 times |
| 13 Wed Mar 2024 | 20.09 | 20.87 | 20.87 | 19.70 | 1.199 times |
| 12 Tue Mar 2024 | 20.94 | 21.00 | 21.03 | 20.40 | 1.137 times |
| 11 Mon Mar 2024 | 20.87 | 21.40 | 21.84 | 20.67 | 0.968 times |
| 08 Fri Mar 2024 | 21.71 | 21.77 | 22.00 | 21.28 | 1.118 times |
| 07 Thu Mar 2024 | 21.54 | 21.78 | 21.78 | 21.27 | 0.958 times |
| 06 Wed Mar 2024 | 21.54 | 21.93 | 22.13 | 21.32 | 1.25 times |
| 05 Tue Mar 2024 | 21.48 | 21.66 | 22.06 | 21.22 | 1.002 times |
| 04 Mon Mar 2024 | 22.00 | 21.96 | 22.52 | 21.94 | 0.632 times |
Stock of Faro Technologies (FARO) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 19.8, for a target of 20.7 or 21.46
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 12.34 |
| Downside Target | 18.18 |
| Downside Target | 19.70 |
| Upside Target | 20.61 |
| Upside Target | 21.84 |
| Upside Target | 22.29 |
| Upside Target | 22.52 |
| Upside Target | 22.87 |
| 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 | 19.26 |
| Downside Intraday Target | 18.41 |
| Upside Intraday Target | 21.4 |
| Upside Intraday Target | 22.69 |
| Upside Intraday Target | 20.55 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 20.11 | 21.40 | 21.84 | 19.70 | 1.609 times |
| 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 |
Price has moved down 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 |
| 15 Fri Mar 2024 | 20.11 | 22.50 | 22.52 | 19.70 | 1.174 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Faro Technologies in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Faro Technologies in short term and SELL signal is strong!
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 20.82 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Faro Technologies in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Faro Technologies in short term and SELL signal is strong!
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 20.82 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.