(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 135230
Date | Daily Closing Price | Open | High | Low | Volume |
25 Thu Apr 2024 | 18.45 | 18.32 | 18.61 | 18.30 | 1.058 times |
24 Wed Apr 2024 | 18.62 | 18.99 | 19.12 | 18.45 | 0.714 times |
23 Tue Apr 2024 | 19.00 | 18.61 | 19.29 | 18.61 | 0.913 times |
22 Mon Apr 2024 | 18.56 | 18.77 | 18.77 | 18.52 | 0.832 times |
19 Fri Apr 2024 | 18.71 | 18.20 | 18.78 | 18.17 | 1.273 times |
18 Thu Apr 2024 | 18.32 | 18.43 | 18.65 | 18.29 | 1.157 times |
17 Wed Apr 2024 | 18.40 | 19.06 | 19.10 | 18.40 | 1.236 times |
16 Tue Apr 2024 | 18.82 | 19.24 | 19.24 | 18.82 | 0.757 times |
15 Mon Apr 2024 | 19.35 | 19.62 | 19.82 | 19.22 | 1.24 times |
12 Fri Apr 2024 | 19.64 | 19.84 | 20.08 | 19.43 | 1.123 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.7, but if it comes above 18.7, then a intra day buy could be more profitable.
If you take a sell trade below 18.7, then use 18.7 as stoploss and 17.4 as target. However if you take a buy trade in stock , then use 18.7 as stoploss and 19.72 as target.
Share price targets for Faro Technologies (FARO)
Target Type | Value |
Downside Target | 18.17 |
Upside Target | 19.29 |
Upside Target | 20.61 |
Upside Target | 20.81 |
Upside Target | 21.63 |
Upside Target | 21.73 |
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 | 18.07 |
Downside Intraday Target | 17.69 |
Upside Intraday Target | 19.06 |
Upside Intraday Target | 19.67 |
Upside Intraday Target | 18.68 |
Weekly technical analysis of Faro Technologies (FARO)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Thu Apr 2024 | 18.45 | 18.77 | 19.29 | 18.30 | 0.621 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 |
28 Thu Mar 2024 | 21.51 | 21.44 | 21.73 | 20.74 | 0.723 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 |
25 Thu Apr 2024 | 18.45 | 21.55 | 21.63 | 18.17 | 0.404 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 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 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 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 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 BUY signal in short term and the buying is gaining 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 18.8 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 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 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 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 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 BUY signal in short term and the buying is gaining 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 18.8 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.