(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 2024-05-02 View latest technical analysis
10 day averaged volume of Faro Technologies is 124580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 18.35 | 19.34 | 19.42 | 18.34 | 1.534 times |
| 01 Wed May 2024 | 18.89 | 18.87 | 19.42 | 18.80 | 0.563 times |
| 30 Tue Apr 2024 | 18.75 | 18.78 | 18.90 | 18.48 | 1.194 times |
| 29 Mon Apr 2024 | 19.04 | 19.08 | 19.20 | 18.91 | 0.757 times |
| 26 Fri Apr 2024 | 18.92 | 18.53 | 19.13 | 18.35 | 1.031 times |
| 25 Thu Apr 2024 | 18.45 | 18.32 | 18.61 | 18.30 | 1.149 times |
| 24 Wed Apr 2024 | 18.62 | 18.99 | 19.12 | 18.45 | 0.775 times |
| 23 Tue Apr 2024 | 19.00 | 18.61 | 19.29 | 18.61 | 0.991 times |
| 22 Mon Apr 2024 | 18.56 | 18.77 | 18.77 | 18.52 | 0.903 times |
| 19 Fri Apr 2024 | 18.71 | 18.20 | 18.78 | 18.17 | 1.382 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.4, but if it comes above 18.4, then a intra day buy could be more profitable.
If you take a sell trade below 18.4, then use 18.4 as stoploss and 17.6 as target. However if you take a buy trade in stock , then use 18.4 as stoploss and 19.16 as target.
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 18.17 |
| Upside Target | 19.29 |
| Upside Target | 20.10 |
| Upside Target | 20.18 |
| Upside Target | 20.61 |
| Upside Target | 20.81 |
| Upside Target | 21.63 |
| Upside Target | 22.52 |
| Upside Target | 24.21 |
| Upside Target | 24.80 |
Intraday share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Intraday Target | 17.99 |
| Downside Intraday Target | 17.62 |
| Upside Intraday Target | 19.07 |
| Upside Intraday Target | 19.78 |
| Upside Intraday Target | 18.7 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 18.35 | 19.08 | 19.42 | 18.34 | 0.835 times |
| 26 Fri Apr 2024 | 18.92 | 18.77 | 19.29 | 18.30 | 0.789 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 |
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 |
| 02 Thu May 2024 | 18.35 | 18.87 | 19.42 | 18.34 | 0.09 times |
| 30 Tue Apr 2024 | 18.75 | 21.55 | 21.63 | 18.17 | 0.463 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a BUY signal for Faro Technologies in short term but the buy signal is initial and weak.
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 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 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 18.7 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a BUY signal for Faro Technologies in short term but the buy signal is initial and weak.
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 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 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 18.7 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 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.