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(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.

10 day averaged volume of Faro Technologies is 432560

Date Daily Closing Price Open High Low Volume
18 Mon Mar 2024 20.33 20.21 20.72 20.08 0.563 times
15 Fri Mar 2024 20.11 20.08 20.34 19.90 2.902 times
14 Thu Mar 2024 20.20 20.03 20.53 19.97 0.713 times
13 Wed Mar 2024 20.09 20.87 20.87 19.70 0.927 times
12 Tue Mar 2024 20.94 21.00 21.03 20.40 0.878 times
11 Mon Mar 2024 20.87 21.40 21.84 20.67 0.748 times
08 Fri Mar 2024 21.71 21.77 22.00 21.28 0.864 times
07 Thu Mar 2024 21.54 21.78 21.78 21.27 0.74 times
06 Wed Mar 2024 21.54 21.93 22.13 21.32 0.966 times
05 Tue Mar 2024 21.48 21.66 22.06 21.22 0.774 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.6, but if it comes above 20.6, then a intra day buy could be more profitable.
If you take a sell trade below 20.6, then use 20.6 as stoploss and 19.8 as target. However if you take a buy trade in stock , then use 20.6 as stoploss and 21.35 as target.

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 24.21
Upside Target 24.80

Intraday share price targets for Faro Technologies (FARO)

Target Type Value
Downside Intraday Target 20.03
Downside Intraday Target 19.74
Upside Intraday Target 20.67
Upside Intraday Target 21.02
Upside Intraday Target 20.38

Weekly technical analysis of Faro Technologies (FARO)

Date Weekly Closing Price Open High Low Volume
18 Mon Mar 2024 20.33 20.21 20.72 20.08 0.091 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
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

Price has moved up 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
18 Mon Mar 2024 20.33 22.50 22.52 19.70 1.236 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Faro Technologies stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 20.74 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Faro Technologies stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 20.74 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.

Daily charts

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Daily chart
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