(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 2024-04-04 View latest technical analysis
10 day averaged volume of Faro Technologies is 165840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 20.43 | 21.21 | 21.31 | 20.42 | 0.639 times |
| 03 Wed Apr 2024 | 21.00 | 20.66 | 21.33 | 20.66 | 1.087 times |
| 02 Tue Apr 2024 | 20.87 | 20.95 | 21.07 | 20.64 | 0.613 times |
| 01 Mon Apr 2024 | 21.35 | 21.55 | 21.63 | 21.11 | 0.936 times |
| 28 Thu Mar 2024 | 21.51 | 21.55 | 21.73 | 21.25 | 1.058 times |
| 27 Wed Mar 2024 | 21.61 | 21.07 | 21.62 | 20.95 | 1.135 times |
| 26 Tue Mar 2024 | 20.87 | 21.29 | 21.44 | 20.80 | 1.024 times |
| 25 Mon Mar 2024 | 20.96 | 21.44 | 21.71 | 20.74 | 1.058 times |
| 22 Fri Mar 2024 | 21.42 | 21.58 | 21.58 | 21.22 | 0.617 times |
| 21 Thu Mar 2024 | 21.58 | 21.51 | 21.99 | 21.50 | 1.772 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.5, but if it comes above 20.5, then a intra day buy could be more profitable.
If you take a sell trade below 20.5, then use 20.5 as stoploss and 19.8 as target. However if you take a buy trade in stock , then use 20.5 as stoploss and 20.97 as target.
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 18.18 |
| Downside Target | 19.70 |
| Upside Target | 21.22 |
| Upside Target | 21.73 |
| Upside Target | 21.84 |
| Upside Target | 21.99 |
| 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 | 20.02 |
| Downside Intraday Target | 19.62 |
| Upside Intraday Target | 21.23 |
| Upside Intraday Target | 22.04 |
| Upside Intraday Target | 20.83 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 20.43 | 21.55 | 21.63 | 20.42 | 0.766 times |
| 28 Thu Mar 2024 | 21.51 | 21.44 | 21.73 | 20.74 | 0.723 times |
| 22 Fri Mar 2024 | 21.42 | 20.21 | 21.99 | 20.08 | 0.368 times |
| 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 |
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 |
| 04 Thu Apr 2024 | 20.43 | 21.55 | 21.63 | 20.42 | 0.086 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 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 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 SELL. Signal strength is Weak 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 getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 21.22 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 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 SELL. Signal strength is Weak 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 getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 21.22 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.